Summary:
- The first G20 presidency cycle demonstrated a gradual but significant shift in global economic governance, increasingly recognising and addressing Africa’s development priorities.
- G20 engagements with Africa evolved from ad hoc post-financial crisis initiatives to more structured partnerships, culminating in the AU’s permanent G20 membership in 2023.
- Growing commitment is evidenced by important milestones, including the Compact with Africa, targeted infrastructure and energy programmes and pandemic support.
- Despite the commitment, persistent issues like implementation gaps and a lack of financing in critical areas highlight the need for a more streamlined and accountable approach.
- The G20’s second cycle must build on past initiatives by systematically aligning with Africa’s own development agenda, specifically Agenda 2063.
- Translating commitments into lasting impact requires meaningful African participation and deeper cooperation in areas like climate finance, food security, digital transformation and institutional capacity.
- The key to sustainable growth is a more transformative G20-Africa partnership based on mutual accountability, shared priorities and regional leadership.