Video Related To: Africa: Developing Countries' Representation On World Bank Board a 'Complicated Issue' - President
Source: All Africa
World Bank President, Jim Yong Kim, on Wednesday in Abidjan, said the issue of balanced representation of developing countries on the Board of the Bank remained a "complicated discussion."...
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Ngozi Okonjo-Iweala, developing countries, Nigeria, Lagos, Business Finance, Multilateral development banks, NOI poll, World Trade Organization, development, International economics
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Ngozi Okonjo-Iweala Runs for World Bank President
Meanwhile, Angola, Nigeria and South Africa endorsed the nomination of Nigerian finance minister Ngozi Okonjo-Iweala, as a candidate to take over at the World Bank. Full story j.mp The United States faces an unprecedented challenge to its grip on the World Bank presidency, with emerging economies poised to nominate at least one candidate to set up the first contested bid for the top job at the global development bank. South Africa chairs one of the three African seats on the 25-member World Bank board, and earlier this week sources said Okonjo-Iweala's candidacy was being proposed after consultations between South Africa's president Jacob Zuma and Nigeria's president Goodluck Jonathan. However President Barack Obama has nominated Dartmouth College President Jim Yong Kim to head the World Bank. Full story bit.ly
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