WRAP: G20 leaders make key decisions, agree on declaration and forge to work together on global economic issues

G20 leaders, excluding the United States, adopted a declaration at the South Africa-hosted summit, recognizing the severe debt crisis facing Global South countries, especially in Africa, and committing to address development challenges. Key initiatives focus on finance, energy access—where over 600 million lack electricity—and food security, endorsing the South Africa G20 Africa Expert Panel's recommendations for reforming global institutions, debt relief, and shifting from raw material export paradigms; Italy pledged to halve debt owed by African nations over the next decade amid Russian critiques of economic fragmentation. This agreement underscores a multilateral push for solidarity, equality, and sustainable growth to amplify the Global South's voice and foster Africa's economic transformation.