High debt serving cost hinder Africa’s development

Source: Government of South Africa

African leaders have underscored the urgent need for coordinated action to tackle the immediate burden of high debt service costs and address the underlying causes of recurring debt crises on the continent.

These sentiments were expressed by African Heads of State and Government, the African Union (AU), and African organisations, on the margins of the 2025 Group Twenty (G20) Leaders’ Summit, during a working dinner that was convened by President Cyril Ramaphosa on Friday in Johannesburg. 

They expressed strong support for the G20 Ministerial Declaration on Debt Sustainability, which signals the intent of the G20 to do more to tackle unsustainable levels of debt alongside the rising cost of capital, particularly for African countries.

Africa faces growing financing pressures as rising debt service costs severely constrain development.

By end-2024, public debt had reached USD 1.815 trillion, while annual debt servicing climbed to USD 163 billion, leaving 57% of Africans living in countries where debt payments exceed health or education spending.

The high level of debt is unsustainable and undermines efforts towards sustainable development and poverty alleviation. 

“African leaders supported the creation of a global Borrowers Platform to strengthen technical cooperation and amplify borrower voices, with a United Nations entity as its secretariat. 

“The establishment of the platform will improve the governance and operation of the global debt architecture. African leaders committed to working together in a spirit of cooperation to establish the Borrowers’ Platform over the next year and welcomed South Africa’s offer to convene the inaugural meeting of the platform in 2026,” the Presidency said.

President Ramaphosa highlighted the rising debt burden on African countries as an issue that requires action by the international community.

The Africa Expert Panel, chaired by former Minister of Finance Trevor Manuel, presented its report to African leaders, who welcomed its proposals. 

The report puts forward simple, straightforward actions to accelerate investment in Africa, including disclosing project-level financial data to reduce investment costs and making simple adjustments to global banking regulations to unlock more finance for infrastructure and development.

Further actions include ensuring that the methods of credit rating agencies are sound, their sources fully disclosed, and their actions subject to regulatory oversight; and strengthening debt transparency and ensuring that creditors participate in reconciling debt data. 

“President Ramaphosa committed to take the proposals of the panel forward not only in the G20 but in other international fora, working closely with the African Union and other partners.

“African leaders further welcomed the Report of the G20 Extraordinary Committee on Global Inequality which was commissioned under South Africa’s G20 Presidency and supported the Committee’s proposal to create a permanent International Panel on Inequality which will provide policymakers, the private sector, and the public with authoritative assessments on inequality, and ensure that inequality continues to be discussed by leaders as in the G20 and other multilateral fora,” the Presidency said.

The meeting discussed the four high-level priorities that anchored the work of South Africa’s G20 Presidency, namely:

  • Strengthening disaster resilience and response;
  • Ensuring debt sustainability for low-income countries;
  • Mobilising finance for a just energy transition; and
  • Harnessing critical minerals for inclusive growth and sustainable development.

Heads of State and Government from the world’s largest economies will gather on Saturday and Sunday in Johannesburg at the G20 Leaders’ Summit to discuss and coordinate on major global issues.

G20 members include the world’s major economies, representing 85% of global GDP, 75% of international trade, and two-thirds of the world’s population.

The G20 comprises 19 countries (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, the United Kingdom, and the United States), the European Union, and since 2023, the African Union. – SAnews.gov.za

First ever G20 Leaders’ Summit on African soil kicks off

Source: Government of South Africa

A historic moment is unfolding in Johannesburg today as the world turns its eyes to Africa.

For the first time ever, the G20 Leaders’ Summit is being held on African soil.

South Africa – and by extension the continent – is poised to centre its priorities and those of the Global South on the global agenda like never before.

When President Cyril Ramaphosa accepted the G20 Presidency gavel from Brazil in 2024, he pledged that South Africa would lead with solidarity at the forefront.

“We will work to ensure that no one is left behind. The world is faced with severe challenges and crises. Through partnerships across society, and by reigniting our common humanity, South Africa will seek to harness global collective energy to confront these challenges.

“Through our G20 Presidency, we will seek to strengthen solidarity. Whether it is in Gaza, Sudan or Ukraine, we must all stand in solidarity with those people who are facing hardship and suffering. We must stand in solidarity with those countries that are most vulnerable to pandemics and other global public health emergencies,” he said.

Furthermore, Africa and the global south would not be left behind.

“South Africa’s Presidency will be the first time an African country has presided over the G20.

“We will use this moment to bring the development priorities of the African Continent and the Global South more firmly onto the agenda of the G20,” the President affirmed.

Solidarity, Equality and Sustainability

During the official launch of the G20 Presidency, President Ramaphosa outlined South Africa’s theme for the year: Solidarity, Equality and Sustainability.

“Through solidarity, we can create an inclusive future that advances the interests of people at the greatest risk of being left behind. This is important in an interconnected world, where the challenges faced by one nation affect all nations.

“The disparities in wealth and development within and between countries is unjust and unsustainable. By promoting equality, we strive to ensure fair treatment and equal opportunities for all individuals and nations. We aim to break down divisions of economic status, gender, race, geography or any other characteristic.

“Sustainability involves meeting the needs of the present without compromising the ability of future generations to meet their own needs. In line with our theme, we will seek to strengthen and advance the international effort to achieve the Sustainable Development Goals by 2030,” he explained.

He noted the importance of ensuring that the country’s G20 Presidency is inclusive – the people’s G20.

“Dialogue with civil society and other non-government institutions will be conducted through various engagement groups.

“These engagement groups are organised according to sectors, such as business, labour, civil society, parliamentary bodies and the judiciary.

“These engagement groups also include science bodies, think tanks, and audit institutions, as well as institutions of higher learning, specific groups for women and youth including vulnerable groups,” he said.

Indeed, engagement groups held some 100 preparatory meetings during the year which culminated in an inclusive G20 Social Summit held this week.

The Social Summit agreed on a declaration which was handed to President Ramaphosa to present to global leaders over the next two days.

Global praise

As the opening ceremony drew closer yesterday, heads of state and government and their entourages began to arrive for the summit – received by President Ramaphosa, ministers and high-ranking government officials.

In a statement ahead of the summit, India Prime Minister Narendra Modi described the leaders’ summit as a “particularly special Summit given that it would be the first G20 Summit being held in Africa”.

“During India’s Presidency of the G20 in 2023, the African Union had become a member of the G20.

“The Summit will be an opportunity to discuss key global issues. The theme of this year’s G20 has been ‘Solidarity, Equality and Sustainability’, by which South Africa has carried forward the outcomes from the previous Summits held in New Delhi, India and Rio de Janeiro, Brazil. I will present India’s perspective at the Summit in line with our vision of ‘Vasudhaiva Kutumbakam’ and ‘One earth, One Family and One future,’” the statement read.

On Friday evening during the Global Fund’s Eighth Replenishment Summit hosted with President Ramaphosa in Johannesburg, UK Prime Minister Keir Startmer added to the chorus of voices congratulating South Africa on its Presidency.

“What a fantastic thing it is that the G20 is being hosted in Africa for the first time here in South Africa. What a wonderful opportunity.

“It has been a great success and the next two days will build on that success. Congratulations,” Starmer remarked.

In a press conference, United Nations Secretary General António Guterres praised South Africa’s efforts to put challenges that hit developing nations the hardest like finance debt reform and climate change.

“I first of all pay tribute to leadership of President Cyril Ramaphosa. I think he has put on the table all the issues that matter in relation to the needs, the financial and economic needs, of the developing countries in general and African countries in particular.

“It’s time to have a real global international financial system, which main preoccupation should be [to] address the challenges that developing countries face. Will the G20 be able to move in that direction? We will see. But I think that South Africa has done its part putting those things clearly on the table,” Guterres said.

A time for South Africa, Africa and the global south

The wait is over, world leaders have touched down in Johannesburg and the countdown has finally reached its peak.

South Africa is hosting the G20 Leaders’ Summit – the final, illustrious stage of South Africa’s year-long G20 Presidency. – SAnews.gov.za

Deputy President Mashatile and President Macron honour French anti-apartheid activists

Source: Government of South Africa

Deputy President Paul Mashatile and French President Emmanuel Macron have this evening led a solemn wreath-laying ceremony at Freedom Park Heritage Site and Museum to honour French citizens, who supported South Africa’s struggle against apartheid.

President Macron arrived at the heritage precinct in Pretoria in the late afternoon, where he was officially received by Deputy President Mashatile ahead of the commemorative event. 

The visit forms part of the French leader’s programme before joining other Heads of State and Government for the G20 Leaders’ Summit, taking place from 22 to 23 November under the theme: ‘Solidarity, Equality, Sustainability’.

Speaking at the ceremony, Mashatile said Freedom Park stood as “sacred ground”, dedicated to all who sacrificed their lives for justice, freedom and human dignity. 

He said the tributes paid to French anti-apartheid activists were a powerful reminder that South Africa’s liberation struggle had been a global effort.

“As an anti-apartheid activist myself, I am deeply moved by this ceremony. This place reminds us of the price paid for our freedom and the collective sacrifices that made our democracy possible,” Mashatile said.

He emphasised that the struggle was not waged by South Africans alone but was strengthened by courageous men and women across the world, including French activists, journalists, scholars and ordinary citizens who refused to remain silent.

“Alongside President Macron, we remember and pay tribute to the French citizens who stood firmly against apartheid. Many gave their voices, their talents and, in some cases, their lives so that South Africans could one day be free,” he said.

Mashatile said their solidarity travelled across oceans, reinforcing the resolve of those resisting oppression at home and forming part of the “long moral arc that bent toward justice” in South Africa.

He stressed that the ceremony highlighted the deep historic bonds between South Africa and France, bonds rooted not only in diplomacy, but in shared values, shared sacrifice and a shared commitment to human rights.

The Deputy President said the moment served as a reminder of the responsibility carried by both nations to safeguard the freedoms that were hard-won; to promote social justice at home and globally; and to ensure that liberation stories continue to inspire future generations.

“Your Excellency, thank you for this solemn act of remembrance. May the spirits of those we honour today continue to guide our nations toward a future marked by friendship, cooperation and hope,” he told Macron. – SAnews.gov.za 

Africa on the rise

Source: Government of South Africa

President Cyril Ramaphosa says Africa’s rising trajectory and growing global influence must be matched by stronger continental cooperation to drive the economic growth needed for lasting development. 

“Deepening our economic cooperation is essential for continental development and integration, building our resilience and self-reliance. It is imperative that we build deeper collaboration and resilience within and between our countries,” the President said on Friday in Johannesburg.

Addressing a working dinner for African Heads of State and Government, Ramaphosa emphasised that investment and trade expansion must be at the centre of Africa’s economic engagements, particularly in the face of unilateral trade actions, tariffs and erosion of World Trade Organization (WTO) rules.

“Four days ago, I met with senior executives from South African companies with investments across the continent. Many of them outlined plans to substantially increase their investments across the continent. That is a clear demonstration that indeed Africa is on the rise as our companies are now moving forward to invest across our various countries on the continent,” the President said.

According to Ramaphosa, countries trading under the African Continental Free Trade Area (AfCFTA) preferences are already seeing the benefits.

AfCFTA is a free trade agreement that aims to create a single, integrated continental market for goods and services across 55 member states of the African Union.

“At the same time, we know of companies from elsewhere on the continent that are invested and intend to invest in South Africa. These are links that we must nurture and encourage if we are to realise our continent’s potential.

“To strengthen these trade and investment links, I plan to host a Pan African Investment Conference in 2026, where African companies can showcase their investments in other countries and outline their future investment plans,” the President said.

G20 Presidency

While presiding over the G20 Presidency, South Africa sought to position Africa as a vital partner in advancing equitable development.

“South Africa correctly felt that we need to put the interests of our continent on the global platform. By harnessing our collective strengths, we do believe that we can continue to highlight the many issues that the African continent wants the world to address. We are convinced that our beloved continent can overcome its challenges and become a leader in prosperity and development,” Ramaphosa said.

South Africa has used the  international forum to advance priorities such as disaster resilience, debt sustainability, finance for just energy transitions and harnessing critical minerals for inclusive growth. 

“We established an Africa expert panel to reinforce Africa’s voice on debt sustainability, the cost of capital and financing for productive investments. We’re encouraged by the ministerial declaration on debt sustainability, which outlines a clear acknowledgement of the growing debt burden on African countries and provides a basis for concrete action.

“We must work together to ensure that the commitments in this declaration, including to strengthen implementation of the common framework and extend support to countries facing liquidity challenges, are translated into meaningful action,” the Presidency said.

Furthermore, the G20 Presidency secured the agreement on the G20 Africa engagement framework, which will enable a continued focus on the G20 finance track, on the issues that matter most to Africa over the next five years. 

“By advocating for Africa’s interests globally, we have sought to ensure that the continent’s voice is heard on climate change, on the issue of debt, on trade and humanitarian assistance. Fair trade, inclusive prosperity, reformed global governance and multilateralism are fundamental to our vision for a more equal world,” the President said.

For its G20 Presidency, South Africa embraced the theme “Solidarity, Equality, Sustainability” .

Heads of State and Government from the world’s largest economies meet annually at the G20 Leaders’ Summit to discuss and coordinate on major global issues.

This year, they will gather in Johannesburg on Saturday and Sunday.

G20 members include the world’s major economies, representing 85% of global GDP, 75% of international trade, and two-thirds of the world’s population.

The G20 comprises 19 countries (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, the United Kingdom, and the United States), the European Union, and since 2023, the African Union. – SAnews.gov.za

Private sector commits billions to Africa’s clean energy transition

Source: Government of South Africa

Major private sector players have announced billions in new investment to accelerate Africa’s clean energy transition, unveiling ambitious commitments at the Global Citizen Scaling Up Renewables in Africa event on Friday.

The pledging session, led by Sabrina Dhowre Elba — activist, CEO and chair of the Global Citizen Europe Board — set an energetic tone, as she highlighted the momentum already created by governments in earlier sessions. She underscored the urgent need for private sector leadership to match that ambition.

“In addition to governments, the private sector is going to be absolutely central to driving Africa’s clean energy transition and ending extreme poverty in our lifetime. And in today’s global geopolitical climate, we can no longer rely only on official development assistance or traditional foreign aid. The world has changed, our challenges have grown more complex, and the scale of the opportunity has grown with them. That’s why we need new, ambitious investors. We need cross sector collaborations,” she said. 

Elba said the world now needs bold, innovative partnerships that can act with urgency and deliver impact at scale because when it comes to energy access and climate resilience, slow, incremental progress is no longer sufficient. 

She added that many of the global organizations represented in the room remain some of the most powerful multinational actors and when their innovation and financial strength combine with the entrepreneurial dynamism of Africa’s markets, the result is transformative. It opens the door to new projects and new possibilities.

“We create jobs, we accelerate access to affordable clean electricity for millions of people, powering homes, powering businesses and powering the next generation of African growth,” she said. 

Harith General Partners: Scaling to 5GW for 850 000 Households

Announcing one of the day’s most significant pledges, CEO of Harith General Partners, Sipho Makhubela, committed to scale the firm’s energy output from 1.5 gigawatts to 5 gigawatts over the next five years.

He said the company’s expanded renewable pipeline expected to support 850,000 households represents not just investment but dignity, productivity and opportunity.

“For us, these are us, you and us, our children, who this investment is going to give hope to as we make Africa’s future brighter. We are all about ensuring Africa’s economies have the adequate energy to industrialise,” Makhubela said. 

ENERTRAG South Africa: R32 Billion for 1.2GW and Green Hydrogen

CEO of ENERTRAG South Africa, Enos Banda fulfilled a personal commitment he made to President Ramaphosa in 2019, pledging 1.2 gigawatts of renewable investment valued at R32 billion (about €1.5 billion).

He said the commitment will electrify the equivalent of 800,000 homes and support 2.8 million people, while anchoring critical jobs in Mpumalanga and catalysing South Africa’s emerging green hydrogen economy. 

“This commitment will deliver clean energy to meet South Africa’s growing energy needs… and firmly announce South Africa as a key nation in global clean energy competitiveness,” he said.

Octopus Energy: $450 Million for a Power Africa Initiative

CEO of Octopus Energy for Business and Octopus Energy Generation, Zoisa North-Bond, unveiled a combined $450 million investment through the company’s new Power Africa initiative including $250 million in unlocked capital and an additional $200 million for renewable generation.

The investment is expected to power 1.1 million people, the equivalent of a city the size of Mombasa.

“Technology and innovation can drive down costs and unlock huge opportunity…But beyond the numbers, this commitment represents growth, jobs, lower energy costs and shared prosperity, turning abundance potential into reliable power for millions across Africa. 

“We’re proud to stand with global citizen and our partners in this vital mission, and we call on innovators, investors and governments everywhere, to join us in scaling renewables across Africa,” she said. 

Genesis Energy: Up to 10GW Across Africa

In one of the most expansive long-term commitments, Genesis Energy Group pledged to develop and deploy up to 10 gigawatts of renewable energy across Africa over the next decade representing $8.5 billion to $10 billion in capital deployment.

Executive Vice President Melissa Fadzai Sikwila said the commitment would deliver 500MW annually and reach more than 33 million people, while creating around 250,000 construction jobs and tens of thousands of long-term positions, prioritising young people and women.

“Beyond the numbers, this is about transforming communities, powering hospitals, enabling small businesses and unlocking the clean energy future Africans deserve,” she said.

CrossBoundary Energy: $1 Billion Target and New Capital Inflows

Tessa Lee, Chief Regulatory Officer at CrossBoundary Energy, highlighted the company’s mission to decarbonise African industry, unveiling a path to unlocking $1 billion in renewable projects by 2030.

Backed by $200 million in new senior debt commitments, CrossBoundary is scaling projects already transforming African industrial hubs from solar powering some of the continent’s largest mines to pioneering wind in Madagascar.

“We can create a future where every African business has access to reliable, sustainable and affordable power,” she said, urging strong regulatory frameworks and investment partnerships to match project ambition.

A turning point for Private Investment in Africa’s Energy Future

The pledges mark one of the most substantial showings of private-sector commitment to Africa’s energy transition in recent years, reinforcing calls from African leaders and global partners to accelerate clean energy deployment beyond promises and into implementation.

With billions committed and gigawatts promised, Global Citizen’s campaign has signalled a new era of cross-sector collaboration, one that could reshape energy access, industrial growth and climate resilience across the continent. – SAnews.gov.za

South Africa, UK raise US$11.34bn to boost fight against HIV, TB and Malaria

Source: Government of South Africa

The Global Fund Eighth Replenishment Summit has concluded with pledges reaching some US$11.34 billion to bolster the fight against HIV, tuberculosis and malaria.

President Cyril Ramaphosa – co-hosted the summit alongside United Kingdom Prime Minister Keir Starmer – announced the outcome at final Summit held in Johannesburg.

“This is an extraordinary achievement. We hope that future generations will look back on this moment as a turning point in the global fight against HIV, AIDS, TB and Malaria.  

“The pledge amount is no mere number. It is a solid foundation for impact and a renewed impetus for transformation and change. Millions of lives will be saved. Stronger, more resilient health systems will be built,” President Ramaphosa said.

He hailed the pledges as a “defining moment for global health and for global solidarity”.

“At a time when multilateralism has come under increasing strain and global cooperation in health is being sorely tested, this 8th Replenishment Summit of the Global Fund is a milestone for global health.

“Building resilient health systems, scaling-up local manufacturing of medicines and diagnostics, and securing sustainable financing are vital for both social and economic development,” President Ramaphosa said.

Leading by example, President Ramaphosa announced combined pledges of about US$36.6 million (R630 million) from the South African government and the local private sector.

This includes some US$5.5 million from Goodbye Malaria as well as US$4.5 million from mining giant, Anglo American.

“We commend them for their unwavering commitment to improve the health of the people of our country, our continent and the world. The South African private sector has indicated that more pledges will follow.

“I call on the private sector in our country and elsewhere to step up and be counted amongst those that made a smart investment towards the elimination of HIV, TB and Malaria

“Our pledge represents our confidence in the Global Fund partnership and in its ability to deliver on its promises,” he said.

Furthermore, the outcome is a result of the “determination of a diverse coalition that has come together in the interest of global health security”.

“But we are not done yet. More countries, regional organisations and companies will rise up and meet us on this occasion.

“We must remain unified behind the purpose that makes the Global Fund unique and effective in equal measure.

“As part of our commitment to the Lusaka Agenda on global health initiatives, we need to work smarter and more efficiently. We need to eliminate waste and duplication and address the fragmentation of the global health financing system,” he said.

The President said the “robust” year-long campaign ought to be celebrated as a “collective effort to end HIV, TB and Malaria across the globe”.

“We reflect on the difficult journey we have travelled and the great progress we have made.  

“This Summit reflects our shared commitment to invest in universal health coverage today for social protection and resilient health systems. It is up to us to demonstrate that solidarity and collective action can prevail over division.  

“Without a healthy population, nations cannot prosper. It is therefore essential that we close gaps in access to medicines, diagnostics and financing, so that every country can protect its people and achieve health equity,” the President said. – SAnews.gov.za

8th Global Fund Replenishment Summit

Source: President of South Africa –

FIRST INTERVENTION

Your Excellency Keir Starmer, Prime Minister of the United Kingdom, and co-host of the 8th Global Fund Replenishment,
Your Excellencies,
Distinguished Guests,
Ladies and Gentlemen,

At a time when multilateralism has come under increasing strain and global cooperation in health is being sorely tested, this 8th Replenishment Summit of the Global Fund is a milestone for global health.  

Building resilient health systems, scaling-up local manufacturing of medicines and diagnostics, and securing sustainable financing are vital for both social and economic development.  

Without a healthy population, nations cannot prosper.

It is therefore essential that we close gaps in access to medicines, diagnostics and financing, so that every country can protect its people and achieve health equity.  

Today, we celebrate the collective effort to end HIV, TB and Malaria across the globe.

We reflect on the difficult journey we have travelled and the great progress we have made.  

This Summit reflects our shared commitment to invest in universal health coverage today for social protection and resilient health systems.

It is up to us to demonstrate that solidarity and collective action can prevail over division.  

It has been an honour and a privilege to co-host the summit over the past year alongside the United Kingdom and Prime Minister Keir Starmer.

We are deeply grateful to all partners who have made early pledges of nearly 4.3 billion US dollars so far.  

These initial pledges laid the groundwork for a robust campaign throughout 2025

I am pleased to announce that the South Africa government and private sector is pledging a total of 36.6 million US dollars toward this replenishment.  

This is the equivalent of R630 million.

Of the South African contribution, a total of 5.5 million US dollars has been pledged by the Goodbye Malaria organisation and 4.5 million US dollars by Anglo American, as they indicated earlier

We commend them for their unwavering commitment to improve the health of the people of our country, our continent and the world.

The South African private sector has indicated that more pledges will follow.

I call on the private sector in our country and elsewhere to step up and be counted amongst those that made a smart investment towards the elimination of HIV, TB and Malaria

Our pledge represents our confidence in the Global Fund partnership and in its ability to deliver on its promises.  

We remain grateful to the global health community that has supported us over the past few decades as one of the countries most severely affected by HIV/AIDS and TB.

We urge partners to maintain the momentum that we have achieved and continue to make bold, transformative commitments that match the scale of our common challenges.

It now gives me great pleasure to invite my co-host, Prime Minister Keir Starmer, to make his remarks.

I thank you.
 

SECOND INTERVENTION: ANNOUNCING THE OUTCOME

Excellencies
Distinguished Guests,
Ladies and Gentlemen,

Today’s Summit has been a defining moment for global health and for global solidarity.  

With just five years to go before the deadline for achieving the Sustainable Development Goals, we have taken to heart the call to accelerate our efforts.

The 8th Replenishment Campaign has been extremely robust over the past year and we can say that today we have reached a milestone in our partnership.  

The total pledge value of the 8th Replenishment is US$ 11.34 billion dollars.

This is an extraordinary achievement. We hope that future generations will look back on this moment as a turning point in the global fight against HIV, AIDS, TB and Malaria.  

The pledge amount is no mere number. It is a solid foundation for impact and a renewed impetus for transformation and change.

Millions of lives will be saved.  

Stronger, more resilient health systems will be built.

This outcome is the result of the determination of a diverse coalition that has come together in the interest of global health security. But we are not done yet- more countries, regional organisations and companies will rise up and meet us on this occasion

We must remain unified behind the purpose that makes the Global Fund unique and effective in equal measure.

As part of our commitment to the Lusaka Agenda on global health initiatives, we need to work smarter and more efficiently.  

We need to eliminate waste and duplication and address the fragmentation of the global health financing system.

Let me take this opportunity to thank all donors and partners for their pledges and leadership throughout the Summit.

This continued partnership – guided by solidarity, sustainability, innovation and equality – will   be essential if we are to deliver on our commitments and sustain progress.

I thank you.

Closing remarks by President Cyril Ramaphosa at the Global Citizen Scaling Up Renewables in Africa event

Source: President of South Africa –

Excellencies,
Distinguished Guests,

The scale of the commitments we have witnessed today are extraordinary. 

They affirm the relevance of our G20 theme of Solidarity, Equality and Sustainability.

South Africa remains firmly committed to a just energy transition that supports workers, uplifts communities, strengthens local economies, and ensures that young people and entrepreneurs are central participants in building a new energy future. 

Our Just Energy Transition Investment Plan and the South African Renewable Energy Masterplan continue to guide our efforts.

Today, South Africa benefits from more than 17 gigawatts of installed renewable energy.

We aim to increase this to 45 gigawatts by 2035, making renewable energy a central element of our national energy mix.

These initiatives will ensure that the next gigawatts of renewable energy are built through local skills, local manufacturing and local innovation.

Scaling renewables across Africa is essential for inclusive economic development.

The funding pledged today is only the first step. The real test will lie in implementation. 

This will require discipline, partnership and an unwavering commitment to action.

As we scale renewable energy across our continent, African ownership must be at the heart of this revolution. 

This is more than an energy shift. It is a transformation of our economies, our capabilities and our collective future.

I thank you.

President Ramaphosa pushes for implementation of Africa’s renewable energy pledges

Source: Government of South Africa

President Cyril Ramaphosa has welcomed the billions pledged to expand renewable energy across Africa, while emphasising that the real test will lie in implementation and in ensuring that the funds are spent on the right people.

“The funding pledged today is only the first step. The real test will lie in implementation. That is whether the pledges we made today will indeed be realised. I say advisedly, because I don’t only want to smell the money, I don’t only want to touch it, I want to see it being spent. It must be spent here in Africa to realise the dreams of African people on this continent,” President Ramaphosa said. 

The President was speaking at the Global Citizen Scaling Up Renewables in Africa event in Johannesburg on Friday, held alongside European Commission President Ursula von der Leyen and Global Citizen CEO Hugh Evans, on the eve of the G20 Leaders’ Summit.

The remarks came as governments, development institutions and private-sector partners confirmed €15.5 billion in commitments to the campaign, alongside plans expected to generate nearly 27 gigawatts of renewable power and expand electricity access to millions of households across Africa.

The gathering marked the culmination of a year-long drive under South Africa’s G20 Presidency to push Africa’s energy priorities to the centre of global dialogue. 

Before the President’s remarks, European Commission President Ursula von der Leyen announced a landmark €7 billion Team Europe pledge, describing it as Europe “standing with Africa now and in future.”

President Ramaphosa said the scale of commitments reflected renewed global confidence in Africa’s energy potential.

“The scale of the commitments we have witnessed today are extraordinary. They affirm the relevance of our G20 theme of Solidarity, Equality and Sustainability,” he said.

South Africa, he noted, has already installed over 17 gigawatts of renewable energy, and aims to raise this to 45 GW by 2035, guided by its Just Energy Transition Investment Plan and Renewable Energy Masterplan.

He stressed that the transition must uplift workers, communities and young entrepreneurs, warning that pledges alone do not build power plants or expand access.

The President added that Africa’s renewable energy transformation must be rooted in community ownership and local benefit, urging that households across the continent be the ones that benefit the most. 

“This will require discipline, partnership and an unwavering commitment to action. As we scale renewable energy across our continent, African ownership must be at the heart of this revolution. 

“This must be people centred, the various communities that we talk about as we make these announcements must be the ones that are the beneficiaries, the households we say we are going to light up must be the ones that benefit the most,” he said. 

The President added that Africa’s clean energy future will only succeed if investment strengthens local capabilities.

“These initiatives will ensure that the next gigawatts of renewable energy are built through local skills, local manufacturing and local innovation. Scaling renewables across Africa is essential for inclusive economic development,” he said. 

Calling on global partners to remain engaged, President Ramaphosa closed with a message of optimism. 

“I want to thank everyone who has made a pledge, we say thank you, indeed Africa is on the rise and we call everyone to join in the rise of this continent,” the President said. – SAnews.gov.za

EU pledges €7 billion to boost Africa’s renewable energy rollout

Source: Government of South Africa

The European Union has announced a new €7 billion pledge to accelerate renewable energy rollout across Africa, marking one of the largest commitments to the continent’s clean-power transition ahead of this weekend’s G20 Leaders’ Summit.

European Commission President Ursula von der Leyen unveiled the pledge during the Global Citizen Scaling Up Renewables in Africa event in Johannesburg on Friday, saying Europe was committed to standing with African nations now and in future.

“We can be so proud of what we have accomplished together… Now I promised that Europe will make a new pledge for this campaign. I’m delighted to pledge on behalf of Team Europe, an additional 7 billion euros for renewables in Africa…This is basically Europe standing with you now and in future,” von der Leyen said.

The EU commitment forms part of a broader global effort championed by Global Citizen to mobilise new investment for clean energy infrastructure across the continent. Von der Leyen announced that, counting all contributions made since November last year, the campaign has reached a total of €15.5 billion.

“What a great journey. So many partners. And now it’s time to take stock… It is extraordinary. The world has stepped up for Africa.

“The final tally of our campaign is €15.5 billion in total and now, in addition, you heard it, commitments announced will generate almost 27 gigawatts of clean power and will bring renewable electricity to 17.5 million households… This is more than funding. This is power for millions of people, fuel for progress, and this is hope for the future,” von der Leyen said.

Global Citizen CEO and co-founder Hugh Evans said the scale of the pledges marks a turning point for Africa’s energy transition.

“This is what extraordinary leadership looks like, partnership grounded in ambition and focused on impact,” Evans said. 

He noted that the commitments made through the campaign will double the continent’s current renewable energy capability.

He added that the €15.5 billion mobilised represents 1/6 of the total investment needed for Africa to meet its energy and climate targets by 2030.

“This is what real progress looks like. This is what happens when global citizens take action, when millions of people raise their voices and demand a cleaner, more just energy future for Africa,” he said.

Calling the campaign’s results only the beginning, Evans urged continued global engagement to help end extreme poverty, quoting Nelson Mandela’s words that poverty “can be overcome and eradicated by the actions of human beings.”

The Scaling Up Renewables in Africa campaign is part of broader efforts to close the continent’s energy access gap and expand clean-power infrastructure amid rising global climate commitments. 

The new pledges announced on Friday are expected to catalyse further public and private investment into solar, wind, and grid-strengthening projects across Africa. – SAnews.gov.za