The G20 Compact with Africa supports policy reform to create a business-friendly environment. The Compact helps create direct connections between African businesses and investors to mobilize private capital and create job opportunities where people live. Its ambition is driven by African governments, supported by World Bank Group expertise and anchored in strong partnerships.
At the G20 Finance Ministers and Central Bank Governors Meeting in Baden-Baden in March 2017, Côte d’Ivoire, Morocco, Rwanda, Senegal, and Tunisia. Ethiopia and Ghana joined the initiative during the G20 Africa Partnership Conference in June 2017; Benin, Egypt, and Guinea joined during the IMF-WB Annual Meetings in October 2017. At the margins of the IMF-WB Annual Meetings in October 2018, Burkina Faso joined the initiative. Togo also joined the initiative in 2018. The Democratic Republic of the Congo joined in October 2023 and the newest member, the Republic of Zambia, was officially welcomed at the IMF/World Bank Spring Meetings in 2025, bringing the total number of participating African countries to 14.
The G20 finance track, through the Africa Advisory Group (AAG), coordinates and monitors the initiative. The AAG reports to G20 Finance Ministers and Central Bank Governors on progress, future ambitions and measurable targets in each Compact country. While African countries implement their reform agendas, the G20 are making special efforts to bring African countries and international investors together (e.g. through investor events both in their home countries and at international level).
All relevant information regarding the Compact is publicly available on this website, including reform commitments, support measures, monitoring reports and investor events.
Africa Advisory Group (AAG)
Monday, 27 May 2024
12:00 a.m. to 2:00 p.m. (UTC)
10:00 p.m. to 3:00 p.m. (CET)
WebEx Meeting
