Business & Economy

G-20 Announces African Union As Permanent Member

The Group of 20 (G-20)nations agreed to grant the African Union permanent membership status in a move aimed at giving the continent a stronger voice on global issues such as climate change and emerging-market debt.

BrandNewsDay reports Summit host Indian Prime Minister Narendra Modi made the announcement in New Delhi on Saturday at the start of the two-day meeting of G-20 leaders, embracing Comoros President Azali Assoumani, holder of the AU presidency, and offering him a seat at the table.

RECOMMENDED: Apply For African Union Jobs Vacancies 2022 – AU Application Portal

The move will give the 55-member African Union the same status as the European Union in the Group of 20.

Advertisement

European Council President Charles Michel said he was “delighted” in a post on X, formerly known as Twitter and was looking forward to close cooperation at the G-20.

Facebook Comments
Adebayo

Adebayo is a Content Developer and website manager who loves to learn, unlearn and relearn. He has a knack for exploring the tech world. He is always thirsty to learn as the tech ecosystem evolves every day.

Recent Posts

GTBank Bagged Best Overall Performing Bank In Nigeria In The Banker’s Top 1000 World Rankings 2026

Guaranty Trust Bank Ltd (GTBank), the flagship banking subsidiary of Guaranty Trust Holding Company Plc…

5 days ago

Stanbic IBTC Hosts Clients At Lagos Polo Club’s Unity Cup In England With Chief Executive, Chuma Nwokocha

As a major sponsor of Lagos Polo Club over the years, Stanbic IBTC was proud…

5 days ago

Kenya Gives Central Bank Emergency Powers To Rescue Struggling Banks In 2026

Kenya has introduced new legal powers allowing its central bank to provide emergency financial support…

1 week ago

Stanbic IBTC Capital Wins Best Investment Bank In Nigeria At 2026 Global Banking And Finance Review Awards

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings, has been named the Best Investment…

1 week ago

Rethinking How Nigeria Supports SME Growth

By Olajumoke Bello, Head Enterprise Banking, Stanbic IBTC Bank Across Nigeria, small and medium enterprises…

1 week ago

Stanbic IBTC Enhances Commitment To MSME Growth Via Strategic Partnership With Abia State

Stanbic IBTC has reaffirmed its commitment to supporting the growth of Micro, Small and Medium Enterprises…

1 week ago

This website uses cookies.