AU’s full integration in the G20 is part of an effort to give the African continent a stronger voice on issues such as climate change, energy transition, and the debt of developing countries.
Members of the Group of 20, which gathers the world’s largest economies, have reached an agreement to grant the African Union (AU) a permanent membership within the group. The news was unveiled Thursday by Bloomberg, which cited sources close to the matter.
Leaders of G20 member countries are expected to officially announce the decision during their Summit scheduled for September 9 and 10 in India, the same sources stated. Granting the AU a permanent seat is aimed at enabling the African continent to have a stronger voice on issues such as climate change, energy transition, and the debt of developing countries and emerging markets.
At the end of August, Indian Prime Minister Narendra Modi expressed his desire for the AU to become a full G20 member. “We have a vision of inclusion, and with this vision, we have invited the African Union to become a permanent member of the G20,” he said during a speech in New Delhi at the Business 20 (B20) summit. This comment comes a few months after similar announcements by U.S. President Joe Biden, Japanese Prime Minister Fumio Kishida, and German Chancellor Olaf Scholz.
The G20 is an international forum of the world's 20 largest and fastest-growing economies (19 countries plus the European Union). Its members represent around 80% of the global GDP, 60% of the world's population, and 75% of international trade. South Africa is currently the only permanent G20 member from the African continent.
(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...
Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence i...
AFC disbursed €43 million for Côte d’Ivoire solar project Financing supports 66 MW pla...
Operators review 2025 investments, outline 2026 expansion plans Consumer complaints persist...
MTN Ghana launches crackdown on mobile money agent fraud Audits trigger warnings, suspensions...
Vivo signed a financing agreement with Credit Direct to boost smartphone sales in Nigeria through installment payments. Customers will pay 20% upfront...
The IMF lowered CEMAC’s 2026 growth forecast to 3% from 3.3% amid weaker regional and global conditions. Chad is set to lead growth at 5.2%, while...
Mozambique and China signed more than 20 cooperation agreements during President Daniel Chapo’s state visit to Beijing. Both countries upgraded...
Morocco aims to connect 5.6 million households to fiber and achieve 85% 5G population coverage by 2030. Telecom operators plan to invest...
Burkina Faso launches “SORA” university series filming in Ouagadougou 25-episode project explores student life challenges and...
The Virunga Gorilla Marathon is a relatively recent initiative held in the Virunga region, a volcanic mountain range straddling the borders of the...