Friday, April 4, 2025

South Africa Takes the G20 Lead, Eyes Global Growth and Climate Action

South Africa will take the helm of the G20 on Sunday, marking a historic moment as the first African nation to lead the influential group.

Johannesburg will guide the G20 until the end of 2025, when the United States is set to assume leadership, according to an AFP report.

The G20 aims to tackle global challenges such as inclusive growth and climate change, while also addressing the ongoing issues of trade wars and rising diplomatic tensions.

South Africa’s leadership comes at a time when the world’s largest economies are under pressure to find common ground on these issues.

READ MORE: Sanwo-Olu’s N3tn ‘Budget of Sustainability’ Targets Infrastructure, Education, and Social Inclusion

During the November summit, G20 leaders endorsed a joint statement calling for a global pact to combat hunger, more humanitarian aid for Gaza, and an end to the war in Ukraine. However, the document was criticised for being vague and lacking concrete action plans.

While the statement received broad support, it also highlighted divisions within the group. Among its proposals was a controversial global tax on billionaires and calls for reforms to the United Nations Security Council, including expanding its membership beyond the five permanent members.

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