Just in: South Africa takes over G20 Presidency from Brazil, first African nation to lead the bloc

South Africa has taken over the presidency of the G20 from Brazil, making history as the first African nation to lead the influential bloc of the world’s largest economies.

Brazilian President Luiz Inácio Lula da Silva formally handed over the presidency to South African President Cyril Ramaphosa during the G20 summit in Rio de Janeiro, Brazil, on Tuesday.

Persecondnews reports that the G20 consists of 19 countries and the European Union, with permanent guest status granted to Spain.

Member nations include major economies such as the United States, China, Germany, and India.

South Africa is currently the only African member in the G20; however, the African Union joined the forum as a member in 2023.

President Ramaphosa pledged to prioritize Africa’s development and the Global South’s interests during his tenure, focusing on critical global challenges.

As the first African country to lead the G20, South Africa aims to champion issues of industrialization, employment, and reducing inequality, along with driving discussions on critical global issues.

Ramaphosa said: “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.”

He highlighted three key areas of focus for South Africa’s presidency: promoting inclusive economic growth, addressing food security, and leveraging artificial intelligence and innovation for sustainable development.

Ramaphosa also promised to work towards greater global economic growth while ensuring no one is left behind.