Category: South Africa Government

Source: President of South Africa –

President Luiz Inácio Lula da Silva,
Prime Minister Narendra Modi,
Distinguished delegates,
Ladies and Gentlemen

It is an honour to welcome you to South Africa and to this IBSA Leaders’ Meeting.

The world in which we live is changing rapidly and dramatically.

It is clear that the countries of IBSA are ready to be part of global change and to work for a better future.

India, Brazil and South Africa are not merely participating in global economic governance, but are working to shape the global agenda. 

IBSA stands out as a testament to the durability of principled and constructive cooperation.

Our grouping affirms that diversity is not a fault line but a source of strength.

It reminds us that collaboration among equals is indispensable to global peace, prosperity and stability.

Our cooperation is grounded in the daily realities of our people.

Together, we must champion ambitious reform of the global governance institutions.

We must reinvigorate commitments to climate action and deepen cooperation on just energy transitions.

We must safeguard food and health security, and ensure that the benefits of technological progress are shared equitably.

We must position ourselves as co-architects of a more representative and responsive multilateral system.

The structural fault in the global economy – the growing gap between the rich and the poor and deepening poverty and underdevelopment – can only effectively be addressed through a new paradigm of inclusive economic growth.

Through initiatives like the IBSA Fund, we continue to demonstrate the practical value of our association, particularly in the assistance provided for those most in need.

I am therefore delighted that we will be signing a collaboration agreement on foundational learning as a follow up of the agreement that has been signed by the three IBSA Education Ministers.

South Africa wishes that, as IBSA, we revitalise our interactions and renew our determination to advance our founding goals.

I hope that we will soon hold our Leaders’ Summit on a mutually-agreed date.

We have always been proud of the frankness of our discussions, our appetite for reflection and our continuous quest for lasting solutions to the economic and social challenges that confront all of us.

As South Africa assumes the chair of IBSA, these are the qualities which we intend to sustain and to enhance.

As we gather under the G20 Presidency theme of “Solidarity, Equality, Sustainability”, let us recall that IBSA is more than a forum for dialogue.

IBSA is a catalyst for global transformation.

Together, we represent not only the aspirations of our own citizens, but the hopes of a Global South that seeks dignity, respect and partnership in shaping the future.

I thank you.

Source: President of South Africa –

Your Excellencies, Heads of State and Government, 
Distinguished Delegates,
Ladies and Gentlemen,

It is an honour and privilege to welcome you all.

As South Africa’s G20 Presidency nears its close, we reflect on the journey we have travelled together to give meaning to the principles of solidarity, equality and sustainability.

We have worked together to reaffirm the role of the G20 as a forum of constructive dialogue and meaningful international cooperation. 

In South Africa we speak of the spirit of Ubuntu.

It teaches us that progress is not a solitary pursuit but a shared endeavour. 

That our strength lies in our shared humanity.

This spirit has guided our Presidency.

It has been reinforced by your support, your collaboration and your shared commitment to a more just, inclusive and sustainable world.

For this, I extend my deepest appreciation to each of you and your countries.

Across the year, we have worked to advance areas that are central to global well-being.

We have deliberated on measures to promote inclusive and sustainable economic growth, to reduce inequality and to advance debt sustainability.

We have discussed how we can make the world a place where the aspirations of all people to a decent life, lived in peace and with dignity, may be realised.

Today, we have adopted the Leaders’ Declaration of the G20 South Africa Summit, in which we outline the far-reaching actions on which we have agreed to build a better, more equal and sustainable world.

The Leaders’ Declaration is a profound affirmation of the value of multilateralism and the importance of dialogue.

We extend our appreciation for the constructive contribution that all countries have made towards this common vision.

As South Africa, we have sought to place Africa’s development firmly on the agenda of the G20.

We have done so not only because this is the first time the G20 is being held in Africa, but because Africa’s success is so important to progress and prosperity across the globe. 

While our challenges are many, our capacity to confront them is great.

As we share this meal, let us remember why the G20 exists – to bring nations together, to bridge divides, and to forge solutions that none of us could achieve alone.

Allow me to thank all the sponsors who have partnered so willingly with the South African government to ensure the successful hosting of the G20 Leaders’ Summit. We express a special appreciation to Naspers for provision of the luncheon and the dinner we are enjoying.

As the leaders of the G20 and Guest Countries, let us continue to walk this path together, guided by empathy, strengthened by cooperation and united by the responsibility we have towards this generation and the many to follow.

As South Africa hands over the Presidency of the G20, we do so with confidence that the partnerships forged this year will continue to guide the work ahead.

I thank you once again for your friendship, your dedication and your continued support.

May this evening deepen the fellowship that has sustained us and inspire renewed purpose as we look to the future. 

I thank you.

Source: President of South Africa –

Your Excellencies, Heads of State and Government, 
Chancellor Friedrich Merz of Germany,
President of the World Bank, Ajay Banga,
Distinguished Ministers and Central Bank Governors,
Heads of International Organisations,
Distinguished Guests,

It is my honour to welcome you to this G20 Compact with Africa event on economic growth and jobs.

This event allows us to reflect on the progress that has beenachieved through the Compact with Africa, and to discuss the promise of its next phase, known as Compact with Africa 2.0.

The Compact aims to deepen investment, create jobs and build sustainable prosperity through stronger partnerships with the private sector. 

Since its establishment during Germany’s G20 Presidency in 2017, the Compact with Africa has made steady progress.

It has supported participating countries in implementing ambitious reforms and mobilising investment.

It has strengthened dialogue between governments, private investors and international partners.

We welcome the increased interest by African countries in joining the initiative. This underscores its relevance and value. 

This year, we have made revitalising the Compact with Africa a central priority, with a focus on expanding membership through enhanced visibility within the G20 and across theAfrican continent.

Over the course of 2025, and in close collaboration with the German Federal Government, we convened a series of high-level events to showcase and profile the Compact.

These included a Ministerial Dialogue held on the margins of the G20 Finance Ministers and Central Bank Governors Meeting in July.

This was followed by a Ministerial Outreach on the margins of the 8th African Union Specialised Committee on Finance in October.

The Ministerial Outreach was an important platform to inform AU Member States about the benefits and achievements of the Compact. 

The last high-level event was convened on the margins of the 2025 Annual Meetings of the World Bank Group and the International Monetary Fund.

Supported by the World Bank, this event marked the official launch of the new Multi-Donor Trust Fund, designed to support the next phase of reforms and investment within the Compact with Africa framework.

We welcome Germany’s commitment to provide the initial contribution of 10 million Euros towards this new instrument. 

Today’s dialogue reaffirms the importance of strong cooperation between the G20 and Africa, underscoring the vital role of the private sector in driving growth, creating jobs and promoting shared prosperity.

I trust that through this engagement, we will strengthen the Compact as a key channel for partnership, reform support and increased private sector involvement. 

We are confident that it will continue to unlock investment and help build resilient, inclusive economies across the continent.

In closing, I would like to thank the German Federal Government for its steadfast leadership of this initiative since its inception.

I acknowledge our valued partners – the International Monetary Fund, the World Bank Group, the African Development Bank, the African Center for Economic Transformation and the African Union – for their continued support. 

Lastly, we recognise the Compact countries for their efforts in reforming their economies and ensuring that investment flows into Africa.

Let us move forward with renewed partnerships and newinvestments.

Let us work together to secure growth, jobs and shared prosperity for all Africans.

I now invite Chancellor Merz to deliver his remarks.

I thank you.

Source: President of South Africa –

Your Excellencies,    
Heads of States and Government of the G20 Members and Invited Countries,
Heads of International Organisations, 
Foreign Ministers in attendance,
Ladies and Gentlemen, 

Welcome to Session Two of today’s programme, which focuses on the role of the G20 in building a more resilient world 

As a global community, we are faced by several formidable and related issues: poverty, unemployment, food insecurity, inequality, environmental degradation and climate change. 

The complexity of these challenges calls for enhanced reforms and collective action.

Resilience is not merely about recovery after a disaster or crisis. 

It is about foresight and shared responsibility for sustainable development. 

A resilient world can only be achieved through inclusive economic growth, strengthening global partnerships and reforming international institutions.

It means we must prepared.

We must, as a matter of urgency, integrate disaster risk reduction into macroeconomic policies, climate financing and sustainable infrastructure development. 

We must ensure that vulnerable countries and communities have equitable access to technologies, finance and the capacity to anticipate and withstand future shocks.

As we look ahead, South Africa believes our collective efforts should focus on three imperatives:

First, we must strengthen global early warning systems. 

For many countries, this means scaling up investment in data, technology and capacity to reach the most vulnerable communities.

Second, we must mobilise innovative financing for resilience. 

The G20 should champion accessible, predictable and equitable disaster risk financing instruments. We need to pool risk, mobilise anticipatory funding and forge public-private partnerships.

Third, we must mainstream disaster risk reduction into all sectors of economic planning, from energy and infrastructure to agriculture and urban development.

Sustainable, balanced and inclusive growth requires that we take measures to address the severe imbalance in vulnerability to the increasing effects of climate change.

Those countries most affected by severe weather events are often those that bear the least responsibility for climate change.

This threatens to further deepen inequality between and within countries.

Developing economies need resources and technical partnerships for effective adaptation and resilience. 

We need to make good on our commitments to fund loss and damage caused by climate change.

As 2025 marks the tenth anniversary of the Paris Agreement, we recognise its historic contribution to fostering universal climate action.

And yet global temperatures continue to climb.

We have no choice but to fully and effectively implement the Paris Agreement and its temperature goal.

In doing so, we must hold fast to the principle of common but differentiated responsibilities and respective capabilities. 

Just transition pathways are key enablers for climate action. 

These should encompass a whole of economy and whole of society approach.

Just transitions must support efforts to eradicate poverty and promote human rights, workers’ rights and gender equality. They must foster meaningful social and economic opportunities.

In the face of persistent hunger and escalating climate pressures, we face a sobering reality: according to the Food and Agriculture Organisation, as many as 720 million people are experiencing hunger worldwide. 

Excessive food price volatility continues to undermine purchasing power, especially for low-income communities.

We applaud the G20 for continuously keeping food security at the centre of its developmental agenda. 

South Africa made food security one of the priorities of our G20 Presidency, building on the excellent work of previous presidencies, including the Global Alliance Against Hunger and Poverty established under the Brazilian Presidency.

Platforms such as the Agriculture Working Group, Meeting of Agricultural Chief Scientists and the Food Security Task Force have delivered outcomes that underscore the importance of building inclusive, diverse, resilient and sustainable food systems.

Since it was formed, at a time of crisis, the G20 and the world has had to confront several crises.

Unless we act now to build resilience and sustainability, the crises we face tomorrow will be more devastating, more damaging and more lasting.

I thank you.