BLOGGING THE VIEW: 4 things to know about SA’s G20 Presidency

For the first time in G20 history, an African nation will hold the G20 Presidency when President Cyril Ramaphosa takes the helm in 2025.

As the only African nation in this global economic forum, South Africa’s presidency is a great opportunity to elevate African priorities on the world stage.

1. What does the G20 Presidency mean?

The G20 Presidency rotates annually among member countries, giving the host nation a chance to set the agenda and steer discussions. South Africa will ensure African voices are heard on global issues like:

· Economic development: Advocating for fair trade policies and investment in African industries
· Climate change: Securing support for Africa’s Just Energy Transition
· Health equity: Addressing access to healthcare and pandemic preparedness
· Digital transformation: Bridging the digital divide and promoting innovation on the continent

2. Bridge between north and south

As a member of both the G20 and BRICS (Brazil, Russia, India, China, South Africa), South Africa plays a unique role in bridging the interests of developing and developed nations. During its G20 Presidency, South Africa can build consensus on critical issues, mediating diverse perspectives positions.

3. Opportunities for economic growth

The G20 Presidency is a great opportunity to attract foreign investment in South Africa, strengthen trade ties, and showcase its potential as a gateway to Africa. Key initiatives could include:

· Promoting infrastructure development across the continent
· Highlighting renewable energy projects
· Showcasing South Africa’s talent and innovation in industries like technology and manufacturing

4. How it affects South Africans

While the G20 is a forum for policymakers, its outcomes have tangible impacts on our lives. Some ways the G20 Presidency can help us include:

· Job creation: Policies on trade and investment can create opportunities in industries like manufacturing, tech and agriculture
· Affordable energy: Climate discussions could result in funding for renewable energy projects, reducing electricity costs and boosting energy access
· Improved infrastructure: Global support for African development could lead to better roads, schools and healthcare facilities

South Africa’s G20 Presidency is a chance to turn global conversations into meaningful change that benefits its people.

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