Press Release 014/2012

Africa supports Dr. Ngozi Okonjo Iweala as
Africa’s sole candidate for the Presidency of the World Bank

The Prime Minister of the Federal Democratic Republic of Ethiopia, H.E Meles Zenawi , the Chairperson of the African Union Commission (AUC), Dr. Jean Ping, and African Ministers of Finance, Planning and Economic Development today in Addis Ababa endorsed the nomination of Dr. Ngozi Okonjo Iweala, Minister of Finance of the Federal Republic of Nigeria as Africa’s sole candidate for the Presidency of the World Bank.

The unanimous endorsement came by acclamation during the 1st Plenary Session of the 5th Joint Meeting of the African Union Conference of African Ministers of Economy and Finance and ECA Conference of Ministers of Finance, Planning and Economic Development that opened in Addis Ababa today 26 March 2012.

Dr. Okonjo Iweala had been nominated by Angola, South Africa and Nigeria.

Done in Addis Ababa, 26 March, 2012