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G-20 Announces African Union as Permanent Member

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Bala Augie
Bala Augiehttps://moneycentral.com.ng
Bala is the Editor of MoneyCentral Media. Bala is a Fellow (FCA) of the Institute of Chartered Accountants in Nigeria (ICAN) and holds a Bsc in Accounting from the University of Abuja. Bala has over 12 years’ experience in the financial journalism landscape with specialization in the Insurance, markets and Finance sectors.
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The Group of 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.

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.

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

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.

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