South Africa is poised to make history as the first African nation to lead the G20, signaling a pivotal moment for both the continent and the global coalition. President Cyril Ramaphosa announced that his presidency will prioritize mobilizing finance for countries impacted by climate-induced disasters and extending debt relief to developing economies.
At the G20 presidency launch, Ramaphosa emphasized disaster resilience as a core focus, urging the international community, including financial and development institutions, to intensify efforts in post-disaster reconstruction. This comes as the G20 aims to bolster economic cooperation among leading and emerging nations.
In addition to enhancing debt sustainability, South Africa seeks…