South Africa is hosting the Sherpa- Finance, and Central Bank Deputies’ meetings this week, marking a significant moment as the country takes on its year-long presidency of the Group of 20 (G20).
The G20, which includes the world’s largest economies such as China, India, France, Germany, and the United States, previously counted South Africa as the only African member. However, in 2023, this changed with the inclusion of the African Union, broadening the representation of the continent in global economic discussions.