JOHANNESBURG, March 24 — South Africa would like to use its Group of 20 (G20) presidency to promote investment in Africa‘s infrastructure and productive sector, aiming to support the continent’s integration into global trade, a senior official said on Tuesday. Andrew Whitfield, deputy minister of trade, industry and competition, made the remarks during the first meeting of the G20 Trade and Investment Working Group held virtually on Tuesday. According to Whitfield, the G20 working group’s priorities are set to focus on four key areas, namely, trade and inclusive growth, a responsive trade agenda to address global issues, green industrialization, and the reform of the World Trade Organization (WTO). “Africa is poised to be the next frontier for global growth. With its abundant natural resources and the youngest population, Africa offers immense potential,” he noted. The meeting, running from Tuesday to Thursday, was attended by representatives from G20 member states and invited countries, as well as international organizations, such as the WTO and the United Nations Trade and Development. “Through our G20 presidency, South Africa is committed to advancing global cooperation and building strong partnerships that will drive growth and development for all,” said the deputy minister. “Together, we can overcome the challenges of our time and secure a more inclusive and sustainable future. The nations of the world look to the G20 for leadership on the most pressing issues confronting our world and we dare not fail,” he said. After assuming the G20 presidency on Dec.1, 2024, South Africa will host the leaders’ summit in November this year.
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