G20–Africa High-Level Dialogue on Debt Sustainability, Cost of Capital, and Financing Reforms

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November 10, 2025

WHAT: G20–Africa High-Level Dialogue on Debt Sustainability, Cost of Capital, and Financing Reforms

The Presidency of the G20, the Republic of South Africa, in collaboration with the African Union (AU), will convene a G20–Africa High-Level Dialogue on Debt Sustainability, Cost of Capital, and Financing Reforms under the theme “Strengthening the G20 Partnership with Africa.”

This dialogue is convened in the context of South Africa’s G20 Presidency and draws on the momentum generated by the Compromiso de Sevilla (FfFD4), the Rio BRICS Declaration, and ongoing African initiatives including the African Leaders’ Debt Relief Initiative (ALDRI). It also aligns with Agenda 2063 and the global 2030 Agenda for Sustainable Development. It will serve as a powerful platform for senior officials and experts to challenge dominant narratives, exchange practical solutions, and articulate African-led proposals for structural reform in the global financial architecture.

WHEN:

Date: 10 November 2025
Time: 10:00 – 17:00 (EAT)

WHERE: Multipurpose Hall, African Union Commission, Addis Ababa, Ethiopia

WHO

Ministers of Finance and Economy from AU Member States and G20 countries
Senior officials from international and regional financial institutions
Representatives of development partners and the private sector
Media representatives (by invitation)

This High-Level Dialogue reinforces Africa’s central role in shaping global economic reforms and aligns with the Agenda 2063 vision of “An integrated, prosperous, and peaceful Africa, driven by its own citizens and representing a dynamic force in the global arena.

Objective

The meeting will provide a platform:

To highlight the urgency of addressing Africa’s debt challenges and unsustainable financing costs in the context of post-COVID recovery, climate transitions, diminishing multilateralism and development financing gaps.
Reframe the global discourse on debt sustainability, moving beyond creditor-focused metrics to development-centred and equity-based frameworks.
To facilitate a high-level dialogue among African policy makers, G20 members, IFIs, and private investors on innovative solutions to debt sustainability and practical mechanisms to reduce the cost of capital.
To advance concrete policy recommendations and financing mechanisms that can feed into the broader multilateral processes.
To strengthen Africa’s collective voice within the G20 on systemic reforms to international debt management, concessional financing, and private capital mobilisation

About the G20 and Africa’s particpation

For any enquiries, please contact:

Faith Adhiambo | African Union Commission | Information and Communication Directorate | ochiengj@africanunion.org

Information and Communication Directorate, African Union Commission I E-mail: DIC@africanunion.org

Mandy Mauyakufa I African Union Commission I AU G20 Coordination Unit I Mauyakufam@africanunion.org