G20 Summit | Mashatile announces new multi-donor trust fund

Deputy President Paul Mashatile announced the launch of a new multi-donor trust fund at the G20 Compact with Africa event, held on the sidelines of the G20 summit in Johannesburg. The fund aims to support policy reforms that foster a business-friendly environment in Africa and facilitate direct connections between African businesses and international investors. Germany has committed an initial €10 million contribution to this initiative. This launch follows a previous high-level event convened on the margins of the 2025 World Bank Group and International Monetary Fund annual meetings, supported by the World Bank, which marked the official start of the fund to advance the next phase of reforms and investments under the Compact with Africa framework. The dialogue highlights the critical importance of G20-Africa cooperation, emphasizing the private sector's role in driving economic growth, job creation, and shared prosperity, while positioning the Compact as a vital channel for strengthened partnerships.