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 has pledged South Africa’s G20 presidency will drive equality, sustainability, development for Africa, the Global South.

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.