Washington, D.C. – The U.S. Chamber of Commerce congratulates the Republic of South Africa on assuming the G20 presidency for 2025.
As the first African country to lead the G20 since its creation, South Africa’s presidency represents a landmark moment for the continent’s role in shaping the global economic and policy agenda.
“South Africa’s leadership comes at a critical time as businesses and governments alike seek solutions to pressing global challenges, including sustainable economic growth, building resilient supply chains, and advancing digital transformation,” said Kendra Gaither, President of the U.S.-Africa Business Center at the U.S. Chamber of Commerce.
“We look forward to supporting South Africa’s efforts and to join the B20 troika, alongside Business Unity South Africa (BUSA) and Brazil’s CNI, to champion policies that encourage economic inclusion and expand opportunities for innovation and investment,” added Gary Litman, Senior Vice President of Global Initiatives at the U.S. Chamber of Commerce.
The U.S. Chamber said it will work closely with its partners to ensure continuity as the U.S. prepares to assume the G20 presidency in twelve months.
Through advocacy for pro-business policies and trade facilitation, the U.S. Chamber said it will engage with policymakers and private sector leaders during South Africa’s G20 presidency.
The U.S. Chamber said the advocacy would ensure the voice of American business continues to contribute to advancing global prosperity and job creation.
Meanwhile, President Cyril Ramaphosa will today, Tuesday 3 December 2024, speak on South Africa’s G20 presidency.
During the recent G20 Rio Leaders’ Summit in Brazil, President Ramaphosa officially accepted South Africa’s responsibility for the G20 Presidency for 2025.
It is the first time an African economy has led the G20 for a rotational, one-year term.
The G20 is a forum of the world’s largest economies that meets regularly to discuss the most pressing issues facing the global economy.
Under its G20 Presidency, South Africa seeks to provide strategic direction in establishing a more equitable, representative, and fit-for-purpose international order, in line with the main multilateral processes under the United Nations.
Brazil held the G20 Presidency in 2024, and South Africa will hand it over to the United States of America at the end of its term.
