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Home News International South Africa

South Africa Assumes Historic G20 Presidency with Focus on Inclusivity and African Priorities

WebAdmin by WebAdmin
December 1, 2024
in Africa, International, South Africa
South Africa Assumes Historic G20 Presidency with Focus on Inclusivity and African Priorities

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South Africa officially took over the presidency of the G20 on Sunday, December 1st, marking a historic milestone as the first African nation to lead the group of the world’s largest economies. President Cyril Ramaphosa inaugurated the presidency on Tuesday, December 3rd in Cape Town, emphasizing the theme “Solidarity, Equality, and Sustainability.” He pledged to elevate African and Global South priorities on the international agenda.

Ramaphosa acknowledged the significant global challenges, including climate change, inequality, and geopolitical instability. He outlined South Africa’s priorities, including fostering inclusive economic growth, eradicating poverty and hunger, and combating climate change. Additionally, he stressed the importance of leveraging Africa’s critical mineral resources for sustainable development and growth.

The presidency aims to address key global and regional concerns, including strengthening disaster resilience, achieving debt sustainability for low-income countries, and mobilizing finance for a just energy transition. Ramaphosa announced the creation of three task forces focused on inclusive economic growth, food security, and the use of artificial intelligence and innovation for sustainable development.

South Africa’s presidency also intends to highlight Africa’s developmental needs within the G20 framework. “We will ensure that the G20 reflects African and Global South perspectives, amplifying the voices of traditionally underrepresented regions,” Ramaphosa stated. He also pointed out that South Africa had long been the only African member of the G20 until the African Union’s admission in 2023.

The G20 presidency will culminate in a leaders’ summit in Johannesburg in November 2025. Over 130 meetings are planned across South Africa during the presidency, which Ramaphosa sees as an opportunity to showcase the nation’s potential. He also assured that South Africa would not introduce new permanent working groups, maintaining the G20’s focus on addressing global economic challenges.

With priorities set and over 30 nations and organizations expected to participate, South Africa’s presidency represents a significant opportunity to reshape global discussions and enhance Africa’s role on the world stage. Ramaphosa declared, “Through our G20 presidency, we will strive to build a better Africa and a better world, leaving no one behind.”

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