The President of South Africa, Cyril Ramaphosa, has been officially appointed as the president of the G20 during the recent summit held in Rio de Janeiro, Brazil.
This historic development marks the first time an African nation will preside over the influential group of the world’s largest economies. Ramaphosa’s presidency is seen as a significant milestone, signaling increased global recognition of Africa’s role in shaping international policies.
At the handover ceremony, Brazilian President Luiz Inácio Lula da Silva, the outgoing leader of the G20, formally transferred leadership to Ramaphosa. In his acceptance speech, Ramaphosa committed to prioritizing the development of Africa and the broader interests of the Global South during his term.
Highlighting his vision for the G20, Ramaphosa outlined three primary focus areas for his presidency:
1. Promoting inclusive and equitable economic growth globally.
2. Addressing food security, particularly for vulnerable populations worldwide.
3. Harnessing artificial intelligence and technological innovation to advance sustainable development goals.
Ramaphosa stated, “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.
“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.”
South Africa’s membership in the G20 stands as a unique achievement, as it remains the only African member in the forum of 19 countries and the European Union. Additionally, in 2023, the African Union was granted full membership, further amplifying Africa’s voice on the global stage.
Ramaphosa’s leadership is expected to focus on bridging economic disparities, ensuring sustainable growth, and championing innovation to tackle pressing global challenges. The G20’s efforts under his presidency will likely aim to foster collaboration among nations, reinforcing the bloc’s commitment to inclusive prosperity.