South Africa, having assumed the presidency of the Group of 20 (G20) on 1 December 2024, intends to leverage this leadership role to bolster investment in Africa’s infrastructure and productive sectors, thereby facilitating the continent’s integration into global trade networks.
This strategic direction was articulated by Andrew Whitfield, the Deputy Minister of Trade, Industry and Competition, during the inaugural meeting of the G20 Trade and Investment Working Group, convened virtually on 18 March 2025.
The Working Group has delineated four principal priorities: promoting trade and inclusive growth, formulating a responsive trade agenda to address global challenges, advancing green industrialisation and pursuing reforms of the World Trade Organization (WTO). Whitfield emphasised Africa’s potential as the forthcoming frontier for global economic expansion, citing its abundant natural resources and youthful demographic as pivotal assets.
The virtual assembly, scheduled from 18 to 20 March, included delegates from G20 member states, invited nations, and international organisations such as the WTO and the United Nations Conference on Trade and Development (UNCTAD). Whitfield underscored South Africa’s dedication, through its G20 presidency, to fostering global collaboration and cultivating robust partnerships aimed at driving comprehensive growth and development. He asserted that collective efforts are essential to surmount contemporary challenges and to secure a more inclusive and sustainable future.
The Deputy Minister further highlighted the global community’s expectation for the G20 to provide leadership on pressing international issues, emphasising the imperative for the group to meet these anticipations effectively. South Africa is slated to host the G20 Leaders’ Summit in November 2025, marking a significant milestone in its presidency.
This initiative aligns with broader continental objectives to enhance Africa’s participation in global trade and to stimulate economic development through strategic infrastructure investments and sustainable industrial practices.
