Addis Ababa, — - South Africa, which holds the presidency of G20, will place the agenda of Africa's development at the forefront, International Relations and Cooperation Minister Ronald Lamola told ENA.
The country assumed G20 presidency from December 2024 through to November 2025.
According to the minister, G20 is a great platform, a good bridge between the global north and the global south.
As a president of G20 for this year, South Africa will place the agenda of Africa's development, financing for climate change, and for various developments.
South Africa's leadership will focus on achieving equilibrium and equality in the global economy and sustainable development, he added.
For him, this "includes issues related to the transformation of the financial architecture and issues that must bring equilibrium and equality in the global economy and sustainable development to achieve the Sustainable Development Goals and Agenda 2063 as well as the Pact of the Future adopted at the United Nations."
The G20 is an intergovernmental economic forum comprising several wealthy countries and regional unions, including the African Union that recently joined the group.
The G20, an intergovernmental forum of leading developed and developing economies, including the recently joined African Union, represents 85% of the global economy, 75% of world trade, and 67% of the world's population. South Africa's presidency offers a unique opportunity to shape global policies and champion Africa's interests.