Okonjo-Iweala’s appointment as WTO chief is a proud moment for Africans, says Paul Batibonak

The World Trade Organisation made history by unanimously confirming Ngozi Okonjo-Iweala as the first woman and first African to lead the organization. The Nigerian economist is set to assume her position on March 1, marking a significant milestone not only for the continent but also globally. In a recent interview with CNBC Africa, Career Diplomat Paul Batibonak shared his insights on what this groundbreaking appointment means for Africa. Batibonak expressed immense pride in the fact that, for the first time ever, an African candidate has been proposed to lead the WTO. Despite facing stiff competition, Okonjo-Iweala emerged as the ideal candidate, showcasing Africa's potential on a global stage. He highlighted the meticulous selection process led by the African Union to ensure a unified front in endorsing a candidate, ultimately resulting in Okonjo-Iweala's victory. With her extensive experience as a former finance minister and international civil servant, Batibonak believes she is well-equipped to navigate the economic challenges that lie ahead. Okonjo-Iweala's deep understanding of African perspectives and her diplomatic skills acquired through her tenure in the Nigerian government position her as a formidable force in advocating for the continent's interests in international trade. While her appointment signals a new chapter for Africa, there are also challenges that lie ahead for Okonjo-Iweala. One of the primary hurdles she is likely to face is the divergent opinions among WTO members, particularly from major players like the US. The ongoing challenges to the WTO rules by the US pose a significant obstacle that she will need to address strategically. Balancing the interests of diverse members with varying agendas will also be critical in reshaping the framework of the WTO to reflect the changing global landscape. As she steps into her new role, Okonjo-Iweala will need to contend with the complex dynamics of representing developing countries while ensuring the organization caters to the needs of all its diverse members. Despite these challenges, Batibonak remains optimistic about Okonjo-Iweala's ability to steer the WTO towards a more inclusive and progressive future. He believes that her background in the World Bank and government positions will enable her to navigate these challenges adeptly. As a member-driven and rule-based organization, Okonjo-Iweala holds significant power in influencing decision-making, setting the agenda, and fostering interactions among WTO members. Her leadership will be pivotal in shaping the future direction of the organization and fostering a more balanced and equitable trading system on a global scale.