(AllHipHop News) Rap star Wyclef Jean has officially stepped down as the head of his non-profit organization Yéle Haiti, as he prepares to run for President of Haiti. AllHipHop.com was the first media outlet in the world to report and confirm Wyclef Jean's bid for President of the country, which the rapper is expected to announce tonight (August 5th) on CNN's Larry King Live.According to reports, Derek Q. Johnson will take over Jean's role at Yéle Haiti, which raised almost $10 million dollars for victims of an earthquake that leveled the city of Port-Au-Prince and left some 250,000 residents dead and another 3 million displaced. Derek Q. Johnson is known for his work in revitalizing the Apollo Theater in Harlem. For the past five years, Yéle has been a huge part of life for me, my wife, Claudinette, and the rest of our family, and I am proud of what we have been able to accomplish for the country and people we love, Wyclef Jean, 37, said in a statement. I have learned many important lessons from my experience with Yéle, most notably the incredible power of individuals united by a sense of purpose and community.According to analysts, the Grammy-Award winning rapper could easily win the seat in Haiti's highest office on November 28th, due to his popularity in the country amongst the youth.