The meeting aimed to discuss how to make the country’s G20 Presidency more inclusive.

The roundtable focused on building partnerships that would open doors for women, youth, and persons with disabilities to participate more fully in the economy.  Chikunga stressed that many financial institutions often operate in isolation, which limits their impact.

“What I found encouraging was the strong call for working together,” said Chikunga. “Resources exist, but because organisations tend to work separately, the full potential isn’t realised. Our department has a vital role in coordinating efforts, not only within government but also across the private and financial sectors.”

The event was organised with support from the Development Bank of Southern Africa. Its Chief Executive Officer, Boitumelo Mosako, spoke about the need for closer collaboration between development finance bodies and commercial banks.

“Development finance institutions can afford to take on more risk to help get projects off the ground,” Mosako explained. “We provide support to make projects bankable and reduce risks to encourage private investment. Additionally, we offer equity funding aimed at women-led enterprises.”

Among those attending was Soraya Williams from the Design 26 Foundation. Her organisation helps young girls in Mitchells Plain, Cape Town, develop sewing and business skills, and connects them to employment opportunities.

“I hope this G20 engagement will help us build strong partnerships with financial institutions,” said Williams. “Often, discussions happen without lasting follow-up. This roundtable feels like a chance to create real connections that will empower young women in my community.”

Minister Chikunga closed the meeting with a call for all involved to work together to ensure South Africa’s G20 presidency leaves a lasting, positive impact on women, youth, and persons with disabilities across the country.

--ChannelAfrica--