WTO

African Leaders Embrace Crisis as Opportunity at Marrakech Summit Amid escalating global trade tensions, African heads of state, policymakers and key stakeholders converged over the weekend in the enchanting city of Marrakech, Morocco, united in their resolve to transform prevailing challenges into pathways for growth and development. The occasion—the third annual AfriHeritage Awards and Concert—blended vibrant celebration with candid conversations on Africa's strategic response to shifting global dynamics. Could this…

Somalia Steps Towards Global Trade Recognition Mogadishu (AX) — A significant stride has been taken in Somalia's ambitious journey towards economic integration. On a crisp Tuesday morning in Geneva, the Somali federal government delegation, led by Deputy Prime Minister Salah Ahmed Jama, engaged in a pivotal meeting with World Trade Organization (WTO) Director-General Dr. Ngozi Okonjo-Iweala, setting the wheels in motion for Somalia's accession to the esteemed global trade body. The delegation's…

Africa will have to wait a little longer before it knows whether Nigerian Ngozi Okonjo-Iweala will be the next director general of the World Trade Organization (WTO). The organization responsible for managing trade relations around the world has actually postponed the meeting on Monday, November 9, where members had to choose between the Nigerian candidate and the South Korean Yoo Myung-hee. The position of the United States in contrast to Ngozi Okonjo-Iweala complicates everything. The WTO is an institution in crisis,…

The European Union has chosen its candidate to lead the World Trade Organization (WTO), the Nigerian Ngozi Okonjo-Iweala. The EU Ambassador to Geneva will officially announce this Tuesday, October 27th. Former Minister of Foreign Affairs and Finance of Nigeria, formerly number two at the World Bank and perhaps soon the…

They are two candidates for the head of the organization: a Korean, Yoo Myung-hee, and a Nigerian, Ngozi Okonjo-Iweala. Portrait of the latter carrying hope on the African continent. as reported from Lagos, Liza FabbianShe is the first woman to have held the positionMinister of Finance in her country she has been twice. Ngozi…