B20 South Africa 2025 opens with renewed hope

Revitalizing Malawi’s Economy: B20 South Africa 2025 Ignites New Opportunities for Growth and Prosperity

Post was last updated: November 21, 2025

Key Business Points

  • Inclusive growth is a key theme at the B20 South Africa 2025 Summit, with a focus on mainstreaming women and small and medium enterprises (SMEs) to drive prosperity and cooperation.
  • Access to capital is a major issue for infrastructure development in the developing world, with a call for capital to be priced to real risk rather than outdated assumptions.
  • Harmonizing policy regulations is seen as a critical step in unlocking the potential of the African Continental Free Trade Area, a market of 1.3 billion people and a combined GDP of $3.4 trillion.

The B20 South Africa 2025 Summit has kicked off in Johannesburg, bringing together business leaders and experts to shape dialogue on inclusive growth, prosperity, and cooperation. The summit’s theme, "The cooperation agenda: Inclusive growth for a changing world," emphasizes the need for a renewed era of cooperation that is imaginative, equitable, and grounded in trust. According to B20 South Africa co-chairperson Nonkululeko Nyembezi, growth cannot be sustained if it is narrow, exclusive, or extractive, and must be broad, fair, and rooted in the participation of women and SMEs. As Nyembezi noted, "When women participate fully, when small and medium businesses can flourish and grow, entire economies become more resilient, more innovative and ultimately more prosperous." This is a key point for Malawi’s business community to consider, as pakati pa msika (the market) is crucial for driving economic growth.

The cost of capital for infrastructure development is another contentious issue, with Nyembezi advocating for capital to be priced to real risk rather than outdated assumptions. This is a critical point for Malawi’s business sector, as mphamvu ya kandigeni (access to capital) is often a major hurdle for entrepreneurs and small business owners. As Nyembezi said, "We are advocating for capital that is priced to real risk, not to inherited generalisations. Efficient markets require accurate information, not outdated assumptions that raise capital costs and stop viable projects before they start."

The African Continental Free Trade Area (AfCFTA) is also a key topic of discussion at the summit, with its potential to harmonize policy regulations and unlock trade opportunities across the continent. As B20 South Africa co-chairperson Mxolisi Mgojo noted, the AfCFTA is an opportunity to put Africa’s potential on the world map and drive uzuka (growth) and development. With a market of 1.3 billion people and a combined GDP of $3.4 trillion, the AfCFTA is a significant opportunity for Malawi’s business community to explore.

The summit has also highlighted the critical role of equity investment in advancing sustainable growth in Africa and beyond. International Finance Corporation vice-president Ethiopis Tafara spoke about the importance of inclusive growth for a changing world, emphasizing the need for tsoka (investment) in key sectors such as infrastructure and SMEs. As Tafara noted, equity investment can play a key role in driving sustainable growth and development in Africa, and Malawi’s business community should consider kugawa (investing) in these sectors to drive growth and prosperity.

Overall, the B20 South Africa 2025 Summit is a significant event for Malawi’s business community, with a focus on inclusive growth, access to capital, and harmonizing policy regulations. As the summit continues, it is likely to generate important insights and opportunities for Malawi’s business sector, and entrepreneurs and small business owners should be paying close attention to the discussions and outcomes. With the right mpango (plan) and tsoka (investment), Malawi’s business community can drive uzuka (growth) and prosperity in the years to come.

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Vanessa Banda
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