South African President Cyril Ramaphosa says the Group of 20 bloc has sufficient “shock absorbers” to function effectively if a Donald Trump administration promotes an America First policy at the expense of international cooperation.

South Africa's G20 presidency next year will focus on mobilising finance for nations stricken by climate-induced disasters and extending debt relief for developing countries, President Cyril Ramaphosa said on Tuesday.

President Cyril Ramaphosa launched South Africa's G20 presidency in Parliament today after the presidency was handed over to him during the G20 summit in Brazil last month. From incoming USA president Donald Trump’s attendance to what’s in it for South Africa,

South Africa has taken over the presidency of the world’s premier economic forum, the G20, from Brazil. The G20 presidency operates on a troika system made up of the current, previous and next holders.

South Africa will assume the presidency of the G20, a pivotal moment in the African country’s international diplomatic efforts. The Group of Twenty (G20), is an intergovernmental economic forum comprising 19 countries and two regional unions – the European Union (EU),

The focus would also be on Africa’s high debt levels, financing the just energy transition and the strategic use of critical minerals

South Africa has officially taken the reins of the G20 Presidency, and President Cyril Ramaphosa has outlined some of the country’s key priorities.

South Africa takes over the G20 presidency on Sunday, the first African country to lead the forum, though its focus on issues such as inclusive growth and climate change risks bumping up against the hard reality of trade wars and diplomatic tensions.