JUST IN: Former Minister of Finance, Ngozi Okonjo-Iweala, Emerge Director-General of the World Trade Organization, WTO.

Ngozi Iweala emerged winner of the highly competitive race after polling 104 votes from 164 member countries to defeat her opponent, South Korea’s trade minister, Yoo Myung-hee. With the development, Iweala becomes the first female and first African to occupy the office. Recall that she had received support from 79 countries, Speaking during a virtual press conference last Friday, she said the 55-man African Union (AU) officially endorsed her over her only opponent, Yoo Myung-hee of South Korea.

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