Nigerian ‘Iron Lady’ brings star power to Cyril’s advisory council
Ngozi Okonjo-Iweala has proved she can tackle corruption and rebuild state institutions, but she has some blind spots
Nigeria’s formidable first female finance minister, Ngozi Okonjo-Iweala, was recently confirmed as a member of President Cyril Ramaphosa’s economic advisory council.
She served as MD of the World Bank – its second-most powerful position – between 2007 and 2011 and thus brings tremendous national and multilateral experience, a formidable intellect and an extensive network to the council.
Okonjo-Iweala also brings star power: Forbes magazine named her among the 10 most influential women in the world in 2011, while Foreign Policy listed her among the top 100 global thinkers in the same year. She published Reforming the Unreformable and was the architect of Nigeria’s $30bn debt deal, when she led a team of reformers to tackle corruption and rebuild government institutions...