It seeks to find solutions to global economic and financial issues. The G20 members include the world’s major economies, such as China, France, Germany, India, South Africa (SA) and the United States, representing 85% of global Gross Domestic Product, over 75% of international trade, and about two-thirds of the world population.

The G20 was launched in 1999 and included 19 countries, with the African Union added as a full member in 2023.

The G20 does not have a permanent secretariat or staff. Instead, the G20 Presidency rotates annually among the members and is selected from a different regional grouping of countries.

South Africa has held the G20 Presidency from December 1, 2024, to November 30, 2025. The SA Presidency takes place when the world is facing a series of overlapping and mutually reinforcing crises, including climate change, underdevelopment, inequality, poverty, hunger, unemployment, technological changes and geopolitical instability.

--ChannelAfrica--

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