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Ngozi Okonjo-Iweala bags Forbes’ African of the Year, Becomes First Woman

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Ngozi Okonjo Iweala

Nigeria’s former Minister of Finance, Ngozi Okonjo-Iweala, has been named by business magazine Forbes as the African of the Year, becoming the first woman to clinch the award.

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The international development expert was honoured with the award in an announcement made by Forbes Africa on Tuesday, December 1, 2020.

According to the organisers, the ABN Group, the award is given to change makers who have demonstrated true leadership excellence, have a prominent presence on the world stage, and whose influence has played a significant role in Africa’s development.

“Her relentless efforts to make vaccines available to poor countries and enable equal access to the COVID-19 vaccine makes her a formidable role model,” organisers announced on Tuesday.

The award has previously been won by Rwandan president, Paul Kagame, and president of the African Development Bank Group (AfDB), Akinwumi Adesina.

Okonjo-Iweala took to her Twitter account late on Tuesday to express her excitement about the award.

She posted, “This award is for fellow Africans suffering the health and economic impact of COVID-19. The energy and resilience of Africans inspires me!”

READ ALSO  Africa’s current debts hit $500 billion - AfDB

Okonjo-Iweala, a former World Bank managing director, sits on the Boards of Standard Chartered Bank, Twitter, and is Board Chairperson of Global Alliance for Vaccines and Immunization (GAVI).

She is also set to be named as the first female and first African director general of the World Trade Organisation (WTO).


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