A political heavy-hitter from Nigeria is shaking up the race to lead the World Trade Organization, but her immediate challenge is whether the rest of Africa will rally behind her candidacy this week
Her most headline-grabbing achievement was negotiating an $18 billion debt write-off with rich countries, but she also passed major measures such as an oil fund to stabilize the economy by banking crude income above a certain level. She cleaned up a highly corrupt fuel-subsidy scheme and significantly reduced delays at the country's ports.
Considering her track record, a senior French official told POLITICO that "everything remains open," including the possibility that EU countries don't nominate their own candidate and back Okonjo-Iweala instead, adding that she was a "good candidate." He too reckons Africa's time has come. "While Africa has never held the post since the establishment of the General Agreement on Tariffs and Trade, Europe has had it several times and other regions have had it as well," he told POLITICO.
The African Union in February put forward a "shortlist" of three candidates with the aim of uniting behind one of them later in the process. The original three — all Geneva insiders — were Mamdouh, Eloi Laourou from Benin and Nigeria's Yonov Frederick Agah.
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