The T20 blog is an initiative of the German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE) and the Kiel Institute for the World Economy (IfW). Both institutes have been encouraged by the German government to organise the T20 process during Germany’s G20 Presidency in 2016 and 2017. The T20 organises the collaboration of global think tanks and high-level experts in order to provide analytical depth to ongoing G20 discussions and produce ideas to help the G20 on delivering concrete and sustainable policy measures. The blog intends to bring an additional dimension to the way the T20 engages with members of our own research network, the broader public, and the German G20 presidency in advance of the 2017 G20 Summit in Hamburg.
For the first time since the establishment of the Think20 (T20) process, Think Tanks from across Africa have met with T20 Think Tanks to discuss the G20 agenda and potential opportunities for Africa-G20 cooperation.
The T20 Africa conference was organized by the South African Institute of International Affairs (SAIIA), the German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE) and the Kiel Institute for the World Economy (IfW) and was attended by 240 high-ranking delegates from African and G20 Think Tanks, African regional organisations, the South African and German governments, the European Union and the OECD, as well as other G20 engagement groups such as the Business20 (B20).
The conference provided a unique forum to discuss how Africa and the G20 could build alliances to promote sustainable development. Please read the communiqué of the conference co-hosts for further information about the outcomes and recommendations of the conference.
The German G20 Presidency puts the spotlight on Africa’s economic development. In its ´Compact with Africa´, the German G20 Presidency, jointly with the African partners, wants to encourage institutional investment by pension funds and life insurers in infrastructure to encourage corporate direct investment. The objective of the “Compact with Africa” is to boost growth and jobs, promote inclusion and give people economic opportunities at home so that they do not have to leave their home country to seek subsistence elsewhere.
One of Germany’s goals under its G20 Presidency is to achieve sustainable economic progress in Africa, particularly through infrastructure investment. A concrete, actionable deliverable could be for the G20 to help support Africa50 – a new Africa-owned and led infrastructure investment initiative – get off the ground.
When they met in Hangzhou, China in September 2016, the G20 leaders launched the Initiative on Supporting Industrialisation in Africa and Least Developing Countries. It is certainly one on which Germany can build in the course of its own presidency in 2017. And hence, important that Germany sustain the momentum of this Initiative.
The German government has identified deeper cooperation with Africa as one of the top priorities for its G20 presidency. Against this background, the German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE) and the Kiel Institute for the World Economy (IfW), as the coordinators of the T20 process in 2016/17, together with the South African Institute of International Affairs (SAIIA), are hosting the T20 Africa Conference: Building alliances for sustainable development on 1-3 February in Johannesburg, South Africa.