By Musanjufu Benjamin Kavubu
It turns out the global South was able to score big at the G20 Summit in Rio de Janeiro Brazil going by the Leaders’ Declaration at the end of the event that happened from the 18th to the 19th of November. For Africa, it was a historical summit because the African Union was attending for the first time as a permanent member after being admitted into the grouping at the 2023 G20 Summit in New Delhi, India.
For 24 years, South Africa was the sole African member of the G20, having joined at the start of the club in 1999. That meant they basically represented the rest of the continent and with the assistance of China that strongly advocated for an inclusive and effective G20. Beyond rhetoric, China was the first major power to explicitly endorse African Union’s bid for membership as from time to time President Xi Jinping and his Foreign Minister Wang Yi repeatedly voiced the importance of Africa in global governance. The BRICS Summit in Johannesburg as recent as 2023 was one such incident when Xi highlighted the need for Africa’s enhanced role in global decision making. China worked closely with Indonesia and South Africa to lobby for support for Africa Union to be admitted as they leveraged multilateral diplomacy to build consensus.
Africa now has its seat at the table represented by South Africa and the African Union. The G20 has evolved since it’s foundation in 1999 from being responsible for global financial crisis of the late 1990s to now taking on broader political, environmental and security issues that the world faces at the moment. The G20 represents about 66.6% of the world’s population and Africa Union takes 1.5 billion people to that table meaning that is about 28% of the blocks population according to population today and Worldmeters’ data. These numbers can mean markets for the rest of the 19 members of the G20 especially with the African Continental Free Trade Area (AfCFTA ) being the biggest trade area in the world.
Africa Union’s 1.5 billion people are also the least advantaged in the G20 and would benefit from the development frameworks that are being advanced within the club. Africa’s voice is guaranteed to be amplified in the G20 and all other international fora. The leaders’ declaration at the G20 2024 Brazil reiterated the formations strong support to Africa including through the Compact with Africa and the G20 initiative on supporting industrialisation in Africa and LDCs, and support the African Union to realize the trade and economic integration and aspirations under its Agenda 2063 as it enters its second decade of implementation.
Africa can now take advantage of the 85% GDP of the G20 and the 75% of global trade that make up the club through the multinational avenues that are available and the myriads of working groups within the formation. It’s no secrets that despite Africa’s abundant resources be it natural or human resources the continent is still struggling with feeding itself, huge loans that have led to debt vulnerabilities, a climate crisis that the continent knows nothing about because they didn’t cause it, a failing health sector and education system that is in a state of inertia and struggling intra-African trade even with trans-African solutions like the Belt and Road Initiative (BRI) by China and the AfCFTA by African Union.
The G20 comes with avenues like the Development Working Group that focuses on implementing the sustainable development goals (SDGs) of the United Nations through sourcing finances and capacity building for infrastructure to tackle health, education and poverty eradication which are also part of the goals for the AU Agenda 2063. The G20 also has a Finance Track Working Group called the Global Partnership for Financial Inclusion (GPFI) that deal with financial literacy and access to inclusive financing. This framework is for the citizens to have access to banking and it supposed to go a long way to support small and medium businesses in the effort to boast commerce.
For the 55 countries with the African Union the International Financial Architecture Working Group can be a vital opportunity because it’s sole responsibility is to address debt sustainability and resources mobilization. It’s through this working group that better debt treatment mechanism and better access to concessional loans is lobbied for by the G20 permanent members. For the African Continental Free Trade Area (AfCFTA) the Trade and Investment working Group can be utilized to improve Africa’s Geoeconomic competitiveness as the working group aims at open trade, investment flows and global integration into supply Chains.
Africa sent some of the biggest delegations to Azerbaijan for the Conference of Parties 29 (COP29) because of the continent’s dedication to take on climate change in any means possible. G20 Summit through the Leaders’ declaration is looking forward to a successful New Collective Quantified Goal (NCQG) outcome in Baku. The formation pledged it’s support to the COP29 Presidency and committed to successful negotiations in Baku. The G20 also pledged to support the COP30 Presidency, in 2025. Further the formation committed to accelerating clean, sustainable, just, affordable and inclusive energy transitions, in line with SDG7, the Paris Agreement and the outcome of the GST-1, adopted at the UN Climate Change Conference in Dubai (COP28), that leave no one behind, especially the poor and those in vulnerable situations (like Africa), taking into account different national circumstances. It’s now up to the African Union members to take advantage of the G20 Climate Sustainability Working Group to take on the climate crisis through securing funding for climate-resilient infrastructure and environmental conservation projects especially in the renewable energy field and again the Energy Transitions Working Group comes in closely on the environmental front. If Africa goes by the energy sector and environment concerns crossroads then the continent will have figured out it’s path to industrialization.
For a while Africa’s place on the United Nations Security Council has been making headlines and some hollow offers have been made by the West. The G20 2024 did clearly outline the need to reform the UNSC and the United Nations as a whole to meet today’s problems. This was a win for the global South and now that Africa Union is a permanent member of the formation they can lobby the great powers to see this through to create global balance. Now that Africa has a seat at the table there is hope for the continent on the global stage.
The writer is a research fellow at the Development Watch Center.