{"id":194476,"date":"2025-09-04T19:33:22","date_gmt":"2025-09-04T19:33:22","guid":{"rendered":"https:\/\/www.premium-partners.net\/?p=194476"},"modified":"2025-09-05T06:59:33","modified_gmt":"2025-09-05T06:59:33","slug":"business-leaders-urge-g20-for-a-transformative-policy-blueprint-for-africa","status":"publish","type":"post","link":"https:\/\/www.premium-partners.net\/fr\/builder\/business-leaders-urge-g20-for-a-transformative-policy-blueprint-for-africa\/","title":{"rendered":"Business leaders urge G20 for a transformative policy blueprint for Africa"},"content":{"rendered":"

This post<\/a> was originally published on this site<\/a><\/p>

<\/p>\n

Tawanda Karombo<\/p>\n

Business leaders under Business 20 (B20) South Africa have made recommendations to G20 governments calling for policies that spearhead infrastructure development and funding, job creation, empowerment of small to medium enterprises, as well promotion of investment into industrialisation and digital inclusion.<\/span><\/p>\n

B20 <\/span>serves as the official <\/span>business community dialogue platform with the <\/span>G20<\/span>, an international forum bringing together the world\u2019s major economies, w<\/span>ith South Africa currently chairing the G20 and handing over to the United States in November.<\/span><\/p>\n

B20 South Africa, with input from other business leaders across the continent, on Thursday tabled policy recommendations that encompass the \u201chope of millions\u201d across Africa.<\/span><\/p>\n

\u201cThese <\/span>recommendations are not just policy proposals<\/span>. T<\/span>hey form a blueprint for the transformation from financing infrastructure to securing food system from climate resilience to digital inclusion, and from<\/span> mineral <\/span>mineral extraction to industrialization<\/span>,\u201d said Mxolisi Mgojo, chairperson of B20.<\/span><\/p>\n

South African business leaders such as Standard Bank CEO Sim Tshabalala, Puthi Mahanyela Dabengwa and Daniel Mminele led Task Forces on major recommendation themes that included finance and infrastructure, industrial transformation and innovation, sustainable food systems and agriculture, integrity and compliance as well as trade and investment.<\/span><\/p>\n

The<\/span> <\/span>f<\/span>inance and <\/span>i<\/span>nfrastructure <\/span>t<\/span>ask <\/span>f<\/span>orce recommendations <\/span>by B20 South Africa <\/span>set out how to unlock investment at scale, expand the pipeline of bankable projects, and ensure capital flows deliver real economic impact. <\/span><\/p>\n

T<\/span>he e<\/span>nergy <\/span>m<\/span>ix and <\/span>j<\/span>ust <\/span>t<\/span>ransition <\/span>recommendations focused on <\/span>actionable <\/span>measures t<\/span>o mobilise finance, accelerate industrialisation, and expand resilient energy infrastructure.<\/span><\/p>\n

Other business leaders said there was a \u201c<\/span>real opportunity to mobilize capital and accelerate regional value chains in Africa<\/span>\u201d under the Africa Continental Free Trade Area agreement (AfCFTA) through \u201c<\/span>deeper collaboration with the AfCFTA Secretariat to ensure investment efforts are coherent<\/span>\u201d<\/span> and sustainable.<\/span><\/p>\n

Business Unity South Africa outgoing CEO and B20 South Africa Sherpa, <\/span>Cas Coovadia, <\/span>said during the handover that Africa <\/span>boasts some of the world\u2019s fastest-growing economies, a demographic dividend with youth constituting the majority of population and the raw materials to power a green industrial revolution.<\/span> <\/span><\/p>\n

However, Coovadioa said the region was also at an inflection point as it faces <\/span>urgent challenges<\/span>.<\/span><\/p>\n

These include \u201c<\/span>climate shocks threatening harvests, infrastructure deficits hampering trade and digital divides that exclude millions<\/span>\u201d from landing employment prospects. This comes at a time employment is worsening in South Africa and is already problematic elsewhere on the continent.<\/span><\/p>\n

\u201c<\/span>These recommendations are our answer to that dual reality of promise and peril,\u201d he said.<\/span><\/p>\n

Ronald Lamola, Minister of International Relations and Cooperation, received the recommendations on behalf President Cyril Ramaphosa, the current G20 President. Lamola described the recommendations as having been tabled on time ahead of the G20 Summit in November.<\/span><\/p>\n

He said <\/span>demand for critical minerals, essentially to dec<\/span>arbonise economies to <\/span>reach net zero emissions by 2050 <\/span>was staggering, with equally immense mining production and financing requirements.<\/span><\/p>\n

\u201c<\/span>It is estimated that this transition will require 3 billion tons of minerals and metals to deploy solar, wind, and geo<\/span>therma<\/span>l energy. It is also against this background that South Africa and all its participation in mult<\/span>i-<\/span>l<\/span>a<\/span>teral forum emphasize the issue of val<\/span>ue addition <\/span>for critical minerals<\/span>,\u201d said Lamola.<\/span><\/p>\n

He added that <\/span>beneficiation and value <\/span>add<\/span>ition of critical minerals must be a cornerstone of a more sustainable and inclusive economic growth model.<\/span> To attain this, there was a need for investment flows into <\/span>beneficiation, localization<\/span>.<\/span><\/p>\n

\u201c<\/span>Equally, the employment and the education task force has highlighted t<\/span>hat<\/span> skills development must be aligned with the jobs of tomorrow,” Lamola said.<\/span><\/p>\n

\u201cWe need education system<\/span>s<\/span> that prepare our young people, not just to participate, but to lead<\/span> (as) t<\/span>he future workforce will be measured by creativity, adaptability and innovation<\/span>.”<\/span><\/p>\n

BUSINESS REPORT<\/strong><\/p>","protected":false},"excerpt":{"rendered":"

Tawanda KaromboBusiness leaders under Business 20 (B20) South Africa have made recommendations to G20 governments calling for policies that spearhead infrastructure development and funding, job creation, empowerment of small to medium enterprises, as well promotion of investment into industrialisation and digital inclusion.B20\u00a0serves as the official\u00a0business community dialogue platform with the\u00a0G20, an international forum bringing together the world\u2019s major economies, with South Africa currently chairing the G20 and handing over to the United States in November.B20 South Africa, with input from other business leaders across the continent, on Thursday tabled policy recommendations that encompass the \u201chope of millions\u201d across Africa.\u201cThese\u00a0recommendations are not just policy proposals. They form a blueprint for the transformation from financing infrastructure to securing food system from climate resilience to digital inclusion, and from\u00a0mineral\u00a0mineral extraction to industrialization,\u201d said Mxolisi Mgojo, chairperson of B20.South African business leaders such as Standard Bank CEO Sim Tshabalala, Puthi Mahanyela Dabengwa and Daniel Mminele led Task Forces on major recommendation themes that included finance and infrastructure, industrial transformation and innovation, sustainable food systems and agriculture, integrity and compliance as well as trade and investment.The\u00a0finance and\u00a0infrastructure\u00a0task\u00a0force recommendations\u00a0by B20 South Africa\u00a0set out how to unlock investment at scale, expand the pipeline of bankable projects, and ensure capital flows deliver real economic impact. The energy\u00a0mix and\u00a0just\u00a0transition\u00a0recommendations focused on\u00a0actionable\u00a0measures to mobilise finance, accelerate industrialisation, and expand resilient energy infrastructure.Other business leaders said there was a \u201creal opportunity to mobilize capital and accelerate regional value chains in Africa\u201d under the Africa Continental Free Trade Area agreement (AfCFTA) through \u201cdeeper collaboration with the AfCFTA Secretariat to ensure investment efforts are coherent\u201d\u00a0and sustainable.Business Unity South Africa outgoing CEO and B20 South Africa Sherpa, Cas Coovadia,\u00a0said during the handover that Africa\u00a0boasts some of the world\u2019s fastest-growing economies, a demographic dividend with youth constituting the majority of population and the raw materials to power a green industrial revolution.\u00a0However, Coovadioa said the region was also at an inflection point as it faces urgent challenges.These include \u201cclimate shocks threatening harvests, infrastructure deficits hampering trade and digital divides that exclude millions\u201d from landing employment prospects. This comes at a time employment is worsening in South Africa and is already problematic elsewhere on the continent.\u201cThese recommendations are our answer to that dual reality of promise and peril,\u201d he said.Ronald Lamola, Minister of International Relations and Cooperation, received the recommendations on behalf President Cyril Ramaphosa, the current G20 President. Lamola described the recommendations as having been tabled on time ahead of the G20 Summit in November.He said\u00a0demand for critical minerals, essentially to decarbonise economies to reach net zero emissions by 2050\u00a0was staggering, with equally immense mining production and financing requirements.\u201cIt is estimated that this transition will require 3 billion tons of minerals and metals to deploy solar, wind, and geothermal energy. It is also against this background that South Africa and all its participation in multi-lateral forum emphasize the issue of value addition\u00a0for critical minerals,\u201d said Lamola.He added that\u00a0beneficiation and value\u00a0addition of critical minerals must be a cornerstone of a more sustainable and inclusive economic growth model.\u00a0To attain this, there was a need for investment flows into\u00a0beneficiation, localization.\u201cEqually, the employment and the education task force has highlighted that skills development must be aligned with the jobs of tomorrow,” Lamola said.\u201cWe need education systems\u00a0that prepare our young people, not just to participate, but to lead\u00a0(as) the future workforce will be measured by creativity, adaptability and innovation.”BUSINESS REPORT<\/p>","protected":false},"author":1,"featured_media":194478,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-194476","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-builder"],"_links":{"self":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts\/194476","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/comments?post=194476"}],"version-history":[{"count":1,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts\/194476\/revisions"}],"predecessor-version":[{"id":194477,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts\/194476\/revisions\/194477"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/media\/194478"}],"wp:attachment":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/media?parent=194476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/categories?post=194476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/tags?post=194476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}