Ngozi Okonjo-Iweala appointed into African Union's special envoy to G20

- Ngozi Okonjo-Iweala has been appointed into the African Union (AU)'s special envoy by the South Africa president Cyril Ramaphosa

- The special envoy, which also has Donald Kaberuka and others, will solicit supports from G20 to Africa amid the saddening economic effect of coronavirus

- The appointment came barely a week after the former finance minister bagged big appointment from IMF

Ngozi Okonjo-Iweala has added another feather to her cap after the former minister of finance was named into the special committee of African Union (AU) to mobilise international support for Africa over the economic challenge of Covid-19 crisis.

Cyril Ramaphosa, South Africa president, who is also the chairman of the African Union, made the announcement in a statement, Premium Times reports.

The special envoy, which also has Donald Kaberuka, Tidjane Thiam and Trevor Manuel, will be charged with the task of putting efforts together to ensure that G20, the European Union and other international financial institutions, fulfil its pledge to Africa.

“The impact of the coronavirus pandemic has been global in both scale and reach, and this necessitates coordinated international action to capacitate all countries to respond effectively, but most particularly developing countries that continue to shoulder a historical burden of poverty, inequality and underdevelopment,” President Ramaphosa said.

"In the light of the devastating socio-economic and political impact of the pandemic on African countries these institutions need to support African economies that are facing serious economic challenges with a comprehensive stimulus package for Africa, including deferred debt and interest payments."

Okonjo-Iweala, a globally respected economist and development expert, has also served as Managing director of the World Bank.

She has also served in the capacity of finance minister of Nigeria under the Goodluck Ebele Jonathan administration.

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Earlier, Legit.ng reported that Nigeria's Ngozi Okonjo-Iweala has bagged an appointment from the International Monetary Fund (IMF).

The former minister of finance was appointed as a member of an external advisory group of the organisation. This was disclosed by Kristalina Georgieva, managing director of the group.

According to Georgieva, the group will meet a few times a year to provide perspectives on key developments and policy issues.

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Source: Legit.ng