South Africa's G20 presidency this year will prioritise efforts to help developing countries finance their shift to a low-carbon economy, President Cyril Ramaphosa said, even as the United States radically scales back its support.

Ubuntu, a Bantu word meaning “humanity to others” or “I am because we are”, emphasises solidarity and harmony. South Africa’s G20 presidency aims to address global challenges and strengthen international cooperation based on respect for international law and humanitarian principles.

Finance ministers and central bank chiefs from the Group of 20 developed and developing nations have gathered in South Africa for a two-day meeting.

As South Africa takes the helm of the G20 Presidency in 2025, there is widespread curiosity about the nation’s agenda and whether nuclear energy will feature prominently in these critical discussions,

Foreign ministers from G20 countries will meet in Johannesburg on Thursday, but U.S. Secretary of State Marco Rubio will not attend amid diplomatic tensions between South Africa and the U.S. Diplomats including Russian Foreign Minister Sergey Lavrov

Finance ministers and central bank chiefs from the Group of 20 developed and developing nations gathered in South Africa on Wednesday for a two-day meeting marked by the absence of U.S. Treasury Secretary Scott Bessent and several other high-profile figures.