SOUTH AFRICA TAKES OVER G20 LEADERSHIP FROM BRAZIL
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South Africa is the first African country to hold the position of president of the G20, a powerful group of the biggest economies in the world.
The transfer ceremony was held Tuesday in Rio de Janeiro, Brazil, during the G20 meeting.
President Cyril Ramaphosa of South Africa formally took over as head of state from Brazilian President Luiz Inácio Lula da Silva, promising to put Africa’s development and the interests of the Global South first while in office.
“We will use this moment to bring the development priorities of the African continent and the Global South more firmly onto the agenda of the G20,” Ramaphosa said.
Ramaphosa outlined three main priorities for South Africa’s presidency: tackling food security, fostering inclusive economic growth, and utilizing innovation and artificial intelligence for sustainable development.
He promised to make sure that no one is left behind while striving for increased global economic growth.
South Africa is currently the only African member in the G20, a bloc that comprises the world’s major economies.
Nonetheless, in 2023, the African Union became a member of the forum, demonstrating the increasing international acknowledgement of Africa’s influence on world affairs.
Spain has been awarded permanent visitor status within the G20, which is composed of 19 nations and the European Union.
Major economies like the United States, China, Germany, and India are among the member nations.
Being the first African nation to lead the G20, South Africa hopes to promote industrialization, employment, and inequality reduction while also advancing dialogue on important international issues.
“As South Africa, we undertake to advance the work of the G20 towards achieving greater global economic growth and sustainable development. We will work to ensure that no one is left behind,” Ramaphosa concluded.
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