G20 Statement: Africa Pays the Price for Global Inequality

The Institute for Economic Justice (IEJ) argues that Africa is disproportionately burdened by global inequality, noting that 57% of Africans live in countries spending more on debt servicing than on healthcare or education. In the context of South Africa's G20 presidency, the IEJ demands five urgent reforms: ending exploitative debt systems, establishing a UN-led global tax convention, investing in food buffer stocks and universal social floors, ensuring a just energy transition for the Global South, and reducing unpaid care work for women.

• A significant portion of the African population lives in nations where debt repayment takes financial priority over essential public services like health and education.
• The IEJ identifies five critical areas for G20 reform to support the Global South: debt justice, tax fairness via a UN-led convention, food and social protection through buffer stocks and social floors, climate finance for a just energy transition, and the recognition and redistribution of unpaid care work.
• Africa faces compounding crises where food insecurity affects nearly one-third of the population and climate change is reversing previous developmental gains.

APA

Institute for Economic Justice (2025). G20 Statement: Africa Pays the Price for Global Inequality. https://iej.org.za/press-room/statements/g20-statement-africa-pays-the-price-for-global-inequality/

Chicago

Institute for Economic Justice. G20 Statement: Africa Pays the Price for Global Inequality. 2025. https://iej.org.za/press-room/statements/g20-statement-africa-pays-the-price-for-global-inequality/.

Wikipedia

{{cite press release |author=Institute for Economic Justice |title=G20 Statement: Africa Pays the Price for Global Inequality |date=12 November 2025 |url=https://iej.org.za/press-room/statements/g20-statement-africa-pays-the-price-for-global-inequality/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@misc{instituteforeconomicjustice2025g20, author = {{Institute for Economic Justice}}, title = {{G20 Statement: Africa Pays the Price for Global Inequality}}, publisher = {Institute for Economic Justice}, year = {2025}, month = nov, url = {https://iej.org.za/press-room/statements/g20-statement-africa-pays-the-price-for-global-inequality/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }