On Sunday, December 1, South Africa has officially taken over the Presidency of the G20 under the theme “Solidarity, Equality, and Sustainability.” This marks the fourth consecutive year that a country from the Global South leads the forum, which represents 85% of the world’s GDP. It is also the first time an African nation has chaired the G20.
South Africa’s focus will be on championing Africa’s economic interests within the world’s largest economies, particularly following the African Union’s recent admission as a permanent member of the forum. The presidency will emphasize tackling inequality and narrowing wealth gaps, with South Africa aiming to put the continent’s priorities at the forefront of global discussions.
Starting next week, the country will host 130 meetings involving G20 representatives, central banks, public treasuries, and civil organizations advocating for groups like women and youth. These sessions will focus on advancing inclusive growth, food security, and the responsible use of Artificial Intelligence (AI)—South Africa’s key priorities for its presidency.
The year will culminate in a summit of G20 leaders in Johannesburg. South Africa hopes to use the presidency to showcase its economic potential, attract foreign investment, and promote itself as a global tourism destination, leveraging the presence of over 10,000 attendees at these events to boost its economy.