Dr. Okonjo-Iweala's WTO appointment good for Africa's trade
The Managing Director and Chief Executive Officer of FBNBank Ghana Limited, Victor Yaw Asante has stated that the appointment of Dr. Ngozi Okonjo-Iweala as Director-General of the World Trade Organisation coming at a time when AfCFTA is being rolled out across the continent is a good sign for Africa's trade. Speaking to participants at the recently held " Business Forum," Mr. Asante mentioned that "The excitement about Dr. Okonjo-Iweala's appointment should not be limited to her being an African and a woman but most importantly to the fact that her appointment, coming at a time when the African Continental Free Trade Area is being rolled-out, bodes well for Africa's trade within the continent and with the rest of the world. It is fantastic news for Africa." The African Continental Free Trade Area came into effect on Friday, January 1, 2021 and is the largest trade area in the world in terms of participating countries since the formation of the World Trade Organization.