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South Africa Assumes G20 Presidency, Marking a Historic First for Africa

Felix Tihby Felix Tih
November 20, 2024
Reading Time: 3 mins read

South Africa Assumes G20 Presidency, Marking a Historic First for Africa

Felix Tihby Felix Tih
July 16, 2025
Reading Time: 3 mins read

South Africa takes the helm of the G20, reinforcing Africa’s growing influence on the global stage.

RIO DE JANEIRO, Brazil (BG) – At the closing of the G20 Leaders’ Summit in Rio de Janeiro on Tuesday, South Africa officially assumed the presidency of the world’s most influential economic forum, marking a historic milestone as the first African country to lead the G20.

The handover ceremony, led by South African President Cyril Ramaphosa, symbolized a major achievement for Africa, which has long sought to strengthen its presence in global decision-making spaces.

In his remarks, President Ramaphosa emphasized the importance of global solidarity, particularly in addressing crises such as those unfolding in Gaza, Sudan, and Ukraine. He underscored South Africa’s commitment to fostering peace, development, and collaboration among G20 nations, especially in the Global South.

“It is an honor to accept, on behalf of the people of South Africa, the responsibility of the Presidency of the G20 for the next year,” Ramaphosa said, adding, “Whether it is in Gaza, Sudan, or Ukraine, we must all stand in solidarity with those people who are facing hardship and suffering.”

This transition of power comes at a pivotal moment for Africa, which has seen increased recognition within global economic discussions.

The African Union’s acceptance as a permanent member of the G20 at last year’s summit in New Delhi is a testament to Africa’s rising influence.

South Africa’s leadership is expected to amplify the voice of the African continent in addressing key global issues, particularly economic development, climate change, and peacekeeping.

In his farewell address, Brazilian President Luiz Inácio Lula da Silva reflected on Brazil’s year-long presidency, highlighting several key achievements, including the creation of the G20 Social Summit and efforts to enhance the Multilateral Development Banks (MDBs).

Lula also emphasized the discussions around Africa’s development, external debt, and Brazil’s commitment to sustainable development.

However, the spotlight is now on South Africa to continue these efforts while also prioritizing Africa’s needs.

South Africa’s presidency is seen as an opportunity to strengthen ties between the Global South further, focusing on improving trade, fostering investment, and addressing Africa’s unique challenges.

“We have a responsibility to improve,” Lula remarked, referencing the need for continued collaboration and growth.

The transition of the presidency to South Africa is also seen as a step towards a more inclusive global order, as the G20 works to balance the interests of developed and developing nations.

As South Africa takes charge, many hope its leadership will bring new perspectives and renewed energy to the G20’s efforts to tackle global inequalities.

The upcoming year under South Africa’s presidency is expected to continue to emphasize Africa’s role in shaping the future of the global economy.

Get the inside Story

Stay informed on the stories shaping Africa’s future. Get breaking news, in-depth analysis, opinions and exclusive insights from across the continent delivered to your inbox, free and unfiltered.


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Felix Tih
Editorial Director, Bantu Gazette
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South Africa Assumes G20 Presidency, Marking a Historic First for Africa

South Africa takes the helm of the G20, reinforcing Africa’s growing influence on the global stage.

RIO DE JANEIRO, Brazil (BG) – At the closing of the G20 Leaders’ Summit in Rio de Janeiro on Tuesday, South Africa officially assumed the presidency of the world’s most influential economic forum, marking a historic milestone as the first African country to lead the G20.

The handover ceremony, led by South African President Cyril Ramaphosa, symbolized a major achievement for Africa, which has long sought to strengthen its presence in global decision-making spaces.

In his remarks, President Ramaphosa emphasized the importance of global solidarity, particularly in addressing crises such as those unfolding in Gaza, Sudan, and Ukraine. He underscored South Africa’s commitment to fostering peace, development, and collaboration among G20 nations, especially in the Global South.

“It is an honor to accept, on behalf of the people of South Africa, the responsibility of the Presidency of the G20 for the next year,” Ramaphosa said, adding, “Whether it is in Gaza, Sudan, or Ukraine, we must all stand in solidarity with those people who are facing hardship and suffering.”

This transition of power comes at a pivotal moment for Africa, which has seen increased recognition within global economic discussions.

The African Union’s acceptance as a permanent member of the G20 at last year’s summit in New Delhi is a testament to Africa’s rising influence.

South Africa’s leadership is expected to amplify the voice of the African continent in addressing key global issues, particularly economic development, climate change, and peacekeeping.

In his farewell address, Brazilian President Luiz Inácio Lula da Silva reflected on Brazil’s year-long presidency, highlighting several key achievements, including the creation of the G20 Social Summit and efforts to enhance the Multilateral Development Banks (MDBs).

Lula also emphasized the discussions around Africa’s development, external debt, and Brazil’s commitment to sustainable development.

However, the spotlight is now on South Africa to continue these efforts while also prioritizing Africa’s needs.

South Africa’s presidency is seen as an opportunity to strengthen ties between the Global South further, focusing on improving trade, fostering investment, and addressing Africa’s unique challenges.

“We have a responsibility to improve,” Lula remarked, referencing the need for continued collaboration and growth.

The transition of the presidency to South Africa is also seen as a step towards a more inclusive global order, as the G20 works to balance the interests of developed and developing nations.

As South Africa takes charge, many hope its leadership will bring new perspectives and renewed energy to the G20’s efforts to tackle global inequalities.

The upcoming year under South Africa’s presidency is expected to continue to emphasize Africa’s role in shaping the future of the global economy.

South Africa Assumes G20 Presidency, Marking a Historic First for Africa

Felix Tihby Felix Tih
November 20, 2024

South Africa takes the helm of the G20, reinforcing Africa’s growing influence on the global stage.

RIO DE JANEIRO, Brazil (BG) – At the closing of the G20 Leaders’ Summit in Rio de Janeiro on Tuesday, South Africa officially assumed the presidency of the world’s most influential economic forum, marking a historic milestone as the first African country to lead the G20.

The handover ceremony, led by South African President Cyril Ramaphosa, symbolized a major achievement for Africa, which has long sought to strengthen its presence in global decision-making spaces.

In his remarks, President Ramaphosa emphasized the importance of global solidarity, particularly in addressing crises such as those unfolding in Gaza, Sudan, and Ukraine. He underscored South Africa’s commitment to fostering peace, development, and collaboration among G20 nations, especially in the Global South.

“It is an honor to accept, on behalf of the people of South Africa, the responsibility of the Presidency of the G20 for the next year,” Ramaphosa said, adding, “Whether it is in Gaza, Sudan, or Ukraine, we must all stand in solidarity with those people who are facing hardship and suffering.”

This transition of power comes at a pivotal moment for Africa, which has seen increased recognition within global economic discussions.

The African Union’s acceptance as a permanent member of the G20 at last year’s summit in New Delhi is a testament to Africa’s rising influence.

South Africa’s leadership is expected to amplify the voice of the African continent in addressing key global issues, particularly economic development, climate change, and peacekeeping.

In his farewell address, Brazilian President Luiz Inácio Lula da Silva reflected on Brazil’s year-long presidency, highlighting several key achievements, including the creation of the G20 Social Summit and efforts to enhance the Multilateral Development Banks (MDBs).

Lula also emphasized the discussions around Africa’s development, external debt, and Brazil’s commitment to sustainable development.

However, the spotlight is now on South Africa to continue these efforts while also prioritizing Africa’s needs.

South Africa’s presidency is seen as an opportunity to strengthen ties between the Global South further, focusing on improving trade, fostering investment, and addressing Africa’s unique challenges.

“We have a responsibility to improve,” Lula remarked, referencing the need for continued collaboration and growth.

The transition of the presidency to South Africa is also seen as a step towards a more inclusive global order, as the G20 works to balance the interests of developed and developing nations.

As South Africa takes charge, many hope its leadership will bring new perspectives and renewed energy to the G20’s efforts to tackle global inequalities.

The upcoming year under South Africa’s presidency is expected to continue to emphasize Africa’s role in shaping the future of the global economy.

Get the inside Story

Stay informed on the stories shaping Africa’s future. Get breaking news, in-depth analysis, opinions and exclusive insights from across the continent delivered to your inbox, free and unfiltered.


Get in touch for more:
Felix Tih
Editorial Director, Bantu Gazette
WhatsApp
LinkedIn
X (Twitter)
Instagram

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...

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Bantu Gazette is a pioneering news platform that champions Africa's development, culture, and heritage. We spotlight the continent's successes, address its challenges, and provide insightful coverage of events that shape its future.

Bantu Gazette is a pioneering news platform that champions Africa's development, culture, and heritage. We spotlight the continent's successes, address its challenges, and provide insightful coverage of events that shape its future.

Our Platforms

  • Bantu Magazine
  • Bantu Brief
  • Black Frame Studio

Our Services

  • Bantu Agency
  • Advertise
  • Partnerships

Our Services

  • Editorial Director
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  • Contact

Bantu Gazette is a pioneering news platform that champions Africa's development, culture, and heritage. We spotlight the continent's successes, address its challenges, and provide insightful coverage of events that shape its future.

Our Platforms

  • Bantu Magazine
  • Bantu Brief
  • Black Frame Studio

Our Services

  • Bantu Agency
  • Advertise
  • Partnerships

Our Services

  • Editorial Director
  • Opportunities
  • Contact
Bantu Gazette
  • Energy & Trade
  • Finance
  • Health
  • Politics & Economy
  • Technology
  • Environment
  • Feature
  • Opinion
  • Changemakers
  • Tourism & Culture
  • Magazine