G20 Minister | G20 Leaders' Summit concludes

The article is a transcript of a television interview discussing the successful conclusion of South Africa's 2025 G20 presidency, hosted in Johannesburg, with Finance Minister Enoch Godongwana and Minister of International Relations Ronald Lamola as guests. The ministers highlight the event's role in showcasing South Africa's resilience amid global challenges, including economic recovery, removal from the FATF grey list, and a credit rating upgrade from S&P. They emphasize the G20's promotion of South Africa as a tourism and investment destination, with delegates enjoying sites like Table Mountain and Kruger National Park, and even local cuisine like biltong. Key achievements include decisions benefiting Africa, such as advancing infrastructure for the African Continental Free Trade Area (AfCFTA), addressing cross-border bottlenecks (e.g., inefficient rail lines from DRC to South Africa), and mobilizing the continent's $2.8 trillion in savings for venture capital to support emerging businesses and economic transformation. The presidency focused on African-led priorities like debt relief, critical minerals value addition, AI innovation, and climate action, positioning Africa as a partner rather than a recipient in global affairs. The handover to the US on December 1 is described as ceremonial but with offers for logistical support, such as website transfer. Overall, the event is portrayed as reshaping global governance by amplifying the Global South's voice, affirming multilateral institutions, and fostering investment in Africa.