https://sputniknews.in/20230910/aus-inclusion-in-g20-key-step-to-multilateral-institutional-reform-south-africa-4168858.html

AU's Inclusion in G-20 Key Step to Multilateral Institutional Reform: South Africa

AU's Inclusion in G-20 Key Step to Multilateral Institutional Reform: South Africa

Sputnik India

Africa's largest economy, South Africa, reacted positively to the news of the African Union's admission into the G20, stating that the development was a key step toward reforming global multilateral institutions.

2023-09-10T15:40+0530

2023-09-10T15:40+0530

2023-09-10T15:41+0530

g-20 summit in new delhi

narendra modi

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un security council (unsc)

india g-20 presidency

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Africa's largest economy, South Africa, reacted positively to the news of the African Union's admission into the G-20, stating that the development was a key step toward reforming global multilateral institutions."We greatly appreciate Prime Minister Modi's leadership and the Indian government's efforts during their G-20 presidency. PM Modi prioritised inclusivity and representation of smaller developing nations, ensuring their voices were heard. We are pleased with the inclusion of the AU as a G-20 member and express gratitude for India's leadership in this matter," he added.How Other African Leaders Reacted to G-20 MembershipMeanwhile, Kenyan President William Samoei Ruto underlined that the African Union's entry into the G-20 will increase the influence of the continent in the world.Among others who welcomed the move were Zambian President Hakainde Hichilema and Senegalese President Macky Sall, who pushed for the AU's inclusion in the G-20 as chair of the African bloc last year.While Hichilema noted that the AU's arrival in the G-20 is a recognition of its rise as an important player in the global economy, Sall congratulated member nations of the African Union following the development."Congratulations to all of Africa!" Sall said.Why Africa is Vital for World's Renewable Energy NeedsThe African continent is home to 1.3 billion people. These figures are expected to touch 2.5 billion in the next 25 years, meaning Africa will account for nearly 25 per cent of the global population by 2050.Africa also holds at least 60 per cent of the Earth's renewable energy resources and over 30 per cent of minerals believed to be vital for technologies related to low-carbon emissions.For example, Congo's vast cobalt assets are said to be around 50 per cent of the total reserves of the crucial mineral, making the country a central figure for electric vehicle companies, considering that lithium-ion batteries are essential for such commodities.Against this background, the African Union's entry is expected to put more thrust on development in the continent, giving more sway to poor countries there.

https://sputniknews.in/20230909/modi-announces-inclusion-of-african-union-to-g20-as-permanent-member-4139492.html

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