Skip to main content

Dr Ngozi Okonjo-Iweala: WTO Director-General visits Ghana today

 


The Director-General of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, is set to visit Ghana today (Tuesday, April 25), as part of her efforts to reinforce support for Sub-Saharan Africa.

During her two-day visit, she will meet with policymakers, business leaders, and civil society representatives to discuss making globalisation work for Africa. 

The visit will also include an interaction with female entrepreneurs and discussions with Ghana's President, Nana Addo Dankwa Akufo-Addo, and the Minister of Trade and Industry.

Dr Okonjo-Iweala expressed her excitement about the trip, stating that Africa is a crucial part of the WTO's membership. 

She also acknowledged that African economies have made significant strides in economic integration in recent years, amid a rapidly changing global trade landscape. 

As the first woman and African to serve as Director-General of the WTO, Dr Okonjo-Iweala is a renowned global finance expert, economist, and international development professional, with over 30 years of experience in Asia, Africa, Europe, Latin America, and North America.

Before taking up her current role, Dr Okonjo-Iweala served as the Chair of Gavi, the Vaccine Alliance, and held positions on the boards of Standard Chartered PLC and Twitter Inc. She also served twice as Nigeria's Finance Minister and briefly acted as Foreign Minister in 2006, becoming the first woman to hold both positions. 

Dr Okonjo-Iweala had a 25-year career at the World Bank, where she rose to the position of Managing Director, Operations, overseeing the bank's $81 billion operational portfolio in Africa, South Asia, Europe, and Central Asia. 

She spearheaded several initiatives to assist low-income countries during the 2008-2009 food crisis and the financial crisis.

In 2010, Dr Okonjo-Iweala chaired the World Bank's successful drive to raise $49.3 billion in grants and low-interest credit for the world's poorest countries. 

She is also renowned for being the first female and African candidate to contest for the presidency of the World Bank Group in 2012, backed by Africa and major developing countries in the first truly contestable race for the world's highest development finance post.

Comments

Popular posts from this blog

MTN Ghana & MTN MoMo CEOs win laurels at Ghana CEO Awards

  The Chief Executive Officer of MTN Ghana, Selorm Adadevoh ,   has been adjudged  CEO of the Year  –  Telecom  at the  2 nd  edition of the  Ghana CEO  Vision  and  Awards   held  in Accra. At the same event, the CEO of Mobile Money Limited (MTN MoMo), Shaibu Haruna was also adjudged CEO of the Year – FinTech Service Provider. Selorm  Adadevoh’s award  is in recognition  of  his   achievements   in the areas of   sustainability, leadership excellence, innovation and others  in the telecoms space  which  has contributed to  job creation to support the  growth of Ghana’s economy. Patrick Afari (r), General Manager, Supply Chain Management and General Services receiving CEO of the Year – Telecom Award on behalf of Selorm Adadevoh Receiving the award on behalf of Selorm, Patrick Afari, General Manager, Supply Chain Management and General Services ,  expressed appreciation to the organizers for the award. He  noted that  th e  award will go a long way to inspire MTN to do more for Ghanaian

EB-ACCION DISBURSES US$15 MILLION

By Fred SARPONG Ecobank-Accion (EB-Accion), a partnership between Ecobank Ghana Limited and Accion International has disbursed amount to the tune of $15 million to over 36,000 borrowers in Micro, Small and Medium Enterprises (MSMEs) sector in the country, since the institution was set up barely six months ago. Frances Adu-Mantey, the Managing Director of EB-Accion disclosed this to Business Week in Accra last week during the official opening of Accion Hub headquarters in Africa. The institution’s current portfolio stands at GH¢4 million. She stated that currently, EB-Accion have over 6100 customers who save with them throughout the four branches of the institution. According to her, in order to improve the services of the institution, Ecobank Share Services center will facilitate the technology aspect of the bank by networking all the branches of EB-Accion. Maria Otero, President and Chief Executive Officer of Accion International said that the center’s staff in Accra will provide supp

Amantin & Kasei Community Bank posts impressive growth, with over GH¢1m profit

 Amantin and Kasei Community Bank, at Amantin in the Bono East Region has posted impressive growth in all the performance indicators during 2022 financial year under review. The bank recorded profit after tax of GH¢1,055,662, representing 35.66% more over the 2021 figure of GH¢778.151. This achievement stemmed out of 49.24% gross income growth from GH¢8,143,526 to GH¢12,153,537. Total deposits of the bank went up by 36.20%, changing from GH¢50,959,848 in 2021 to GH¢69,405,591 in 2022. The bank increased loans and advances by 22.15% from GH¢14,128,017 to GH¢17,257,614. Total assets showed an appreciation of 29.32%, amounting to GH¢77,918,288 as against GH¢60,250,693 in the previous year. On the other hand, the bank posted a marginal increase in short term investments portfolio from GH¢24,439,761 to GH¢26,585,698, indicating 8.78% change. The Chairman of Board of Directors, Amantin and Kasei Community Bank, Dr. John Oduro-Boateng, disclosed this during the 18th annual general meeting of