The African Union has elected Mahamoud Ali Youssouf of Djibouti as the new Chairperson of the AU Commission, just 24 hours after launching its own credit rating agency, the African Credit Rating Agency (AfCRA).
Youssouf defeated Odinga Odinga of Kenya in the fourth round of voting. He will succeed Moussa Faki Mahamat of Chad, who served two terms of four years each.
Bayo Onanuga, special adviser on information and strategy to President Bola Tinubu, remarked that Youssouf’s victory surprised Odinga, who had been expected to win.