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SABC News YouTubeSABC News YouTube23/11/2025
POSITIVE

G20 Leaders' Summit | President Ramaphosa calls for off-grid energy solutions

Video Summary

The article discusses a campaign aimed at mobilizing investments into Africa's renewable energy potential to drive economic growth and improve daily lives. At a key event, governments, private sector companies, and multilateral financial institutions announced new financial commitments and policy reforms to catalyze action. South African President Cyril Ramaphosa emphasized harnessing Africa's vast renewable resources for the benefit of its people and the world, urging decisive action and global solidarity to accelerate a clean energy revolution and create lasting opportunities. A speaker, possibly from Europe (referred to as 'Funain'), highlighted Africa's youthful, dynamic population, vibrant communities, and abundant natural resources as prime opportunities for clean energy investments. Europe has committed significant support through its Global Gateway strategy, including modern power grids, rural transmission lines, battery storage, and private sector involvement. Collaboration among governments, banks, investors, and philanthropists is stressed to maximize impact, speed up projects, and ensure a fair transition. Launched a year ago, the campaign has already secured 3.1 billion euros from Team Europe for electrification and grid modernization, underscoring the strategic and ethical value of investing in Africa's energy future. The report is from SABC News in Johannesburg.