Hey fam, big news: the 2025 G20 Summit lands in Johannesburg later this month 🌍! It's the first time this top economic forum meets on African soil, shining a spotlight on the Global South.
African leaders are pushing hard for fairer money systems and more green funding to help build roads, ports and solar parks. South African President Cyril Ramaphosa, who's steering this year's G20, sums it up as Solidarity, Equality, Sustainability. 💚✊
Why you should care: the Global South—from Nairobi to New Delhi—is flexing its muscle in global clubs. The African Union even scored a permanent G20 seat last year, boosting collective clout on issues like debt relief and climate aid.
Enter China's Global Development Initiative (GDI): a bridge-builder linking big economies' cash with emerging nations' needs. By 2025, GDI has backed 180+ projects in 60+ countries, from public health clinics to digital schools, helping tens of millions. 💡🏫
China and Africa's trade has also hit new highs. In 2024, they traded $295.6 billion worth of goods—up nearly 5 percent year-on-year. Beyond shipping stuff, Chinese firms are powering solar farms, boosting telecom links, and training local talent. Think clean energy and faster internet in cities you've scrolled through on IG! 🔋📶
At G20 Johannesburg, China's role reflects a big-picture goal: unlocking inclusive growth by syncing economic muscle with the Global South's ambitions. The real test? Turning summit promises into actual cash and projects. We'll be watching—tune in for more on how this could shape the next wave of tech, trade and green vibes across Asia and beyond. 🚀
Reference(s):
cgtn.com
