• Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints

G20 Summit ends with bold commitments under SA’s leadership

Simon Osuji by Simon Osuji
November 23, 2025
in Business
0
G20 Summit ends with bold commitments under SA’s leadership
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

President Cyril Ramaphosa described the G20 South Africa Summit Leaders’ Declaration as more than rhetoric, calling it “a commitment to concrete actions that will improve lives in every part of the world.”

Related posts

Ethiopia secures $400 million UK investment to expand power grid linked to GERD dam

Ethiopia secures $400 million UK investment to expand power grid linked to GERD dam

February 3, 2026
Libya Targets Higher Gas Output to Supply Europe by 2030

Libya Targets Higher Gas Output to Supply Europe by 2030

February 3, 2026
G20 Summit ends with bold commitments under SA’s leadership
President Cyril Ramaphosa addresses world leaders during the closing session of the G20 Summit in South Africa.
Photo: GCIS

Delivering his closing remarks, he highlighted a renewed spirit of multilateral co-operation that emerged from the gathering.

The unanimous adoption of the final declaration by the world’s most powerful and industrialised economies came despite strong opposition from the US and against the express wishes of President Donald Trump.

At the first G20 Summit ever hosted on African soil, Ramaphosa thanked global leaders for their support during South Africa’s presidency and for reaffirming the G20’s role as the leading platform for international economic co-operation.

He described the summit as a milestone, emphasising Africa’s central role in the global agenda.

“The greatest opportunity for prosperity in the 21st century lies in Africa,” he said, urging stronger partnerships between the continent, the G20, and the broader international community to unlock Africa’s potential.

With conflicts, economic instability, and climate pressures shaping the global landscape, Ramaphosa called for a renewed commitment to peace, justice, and sustainable development.

He stressed the urgency of ending poverty, reducing inequality, addressing developing nations’ growing debt burdens, and accelerating progress toward the UN’s Sustainable Development Goals.

“The G20 has pledged to extend support to low- and middle-income countries as they confront debt vulnerabilities,” he noted, calling for a “virtuous cycle of reduced debt, higher public investment, and inclusive growth.”

Climate action was a central theme of South Africa’s presidency. Ramaphosa highlighted advances in mobilising finance for a just energy transition and called for increased investment in disaster resilience and recovery efforts.

South Africa also introduced the High-Level Voluntary Principles for Investing in Disaster Risk Reduction, aimed at strengthening global co-operation on climate resilience.

He reaffirmed commitments to expand climate finance, enhance multilateral development banks, and support developing economies in their transition to low-carbon energy. “Climate change touches every nation, but its impacts are unevenly felt,” he said, emphasising the need for fairness and inclusion in global climate efforts.

The summit also endorsed the G20 Critical Minerals Framework, a co-operative plan to ensure mineral resources support sustainable development rather than exacerbate inequality.

Reflecting on South Africa’s presidency, Ramaphosa said it built on the developmental agendas of Indonesia, India, and Brazil, placing the priorities of Africa and the Global South “firmly at the heart” of the G20’s work.

As the summit drew to a close, Ramaphosa urged the international community to accelerate efforts toward achieving the 2030 Sustainable Development Goals and advancing the Pact for the Future.

“We have laid the foundation of solidarity; now we must build the walls of justice and the roof of prosperity,” he said.

“Together, we can ensure that no one is left behind.”

Source link

Previous Post

There Is Only One AI Company. Welcome to the Blob

Next Post

SHIB Won’t Vanish, Here’s the Logic Everyone’s Missing

Next Post
SHIB Won’t Vanish, Here’s the Logic Everyone’s Missing

SHIB Won’t Vanish, Here’s the Logic Everyone’s Missing

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Ghana president commissions Tullow’s Jubilee extension

Ghana president commissions Tullow’s Jubilee extension

2 years ago
IOC And TCL Announce Long-term Global TOP Partnership Through To 2032

IOC And TCL Announce Long-term Global TOP Partnership Through To 2032

12 months ago
India & UAE Looking For More Ways to Ditch USD

India & UAE Looking For More Ways to Ditch USD

2 years ago
The Uncomfortable Truth About the UK’s Climate Policies

The Uncomfortable Truth About the UK’s Climate Policies

2 years ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2023 LBNN - All rights reserved.