By South Africa has now officially assumed the G20 Presidency, succeeding Brazil in the one year rotational Presidency of the global regional bloc. President Cyril Ramaphosa will today, Tuesday, 3 December 2024, launch South Africa’s G20 Presidency in Parliament, Cape Town.
The President of Brazil, H.E. Lula da Silva officially handed over the reins to South Africa as the new Presidency led by President H.E Cyril Ramaphosa on 19 November 2024, in Brazil. Upon assuming the G20 echelon office, Ramaphosa congratulated Brazil and Lula da Silva for a most successful G20 Presidency.
South Africa will be the first African country to head up the G20 presidency, and Cyril Ramaphosa said he will ensure that no one is left behind. He said South Africa will advocate for global equality and advance the prosperity agenda of the African Continent.
“South Africa’s Presidency will be the first time an African country has presided over the G20. 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.
South Africa’s G20 Presidency will advance three high-level priorities, which will find expression in the work of the Sherpa and Finance Tracks. The first of these priorities is Inclusive Economic Growth, Industrialisation, Employment and Inequality,” said President Cyril Ramaphosa during his acceptance speech in Brazil.
On his priority list, Ramaphosa said the second is food security, which is one of the matters to be addressed; and thirdly, artificial Intelligence and Innovation for Sustainable Development.
“South Africa looks forward to working with all G20 members and invited guests. We will continue to work with partner countries and multilateral institutions. Approximately 130 meetings of the G20 will take place across our country, and I am honoured to welcome you all to South Africa for the year ahead,” said President Ramaphosa.
The launch is expected to kick-off at 9am.
