A major theme of this year’s G-7 summit was the stated efforts by the rich, industrialized nations that make up the group to engage with the Global South. But that did not translate to substantive outcomes, as the Global South’s concerns took a back seat to the West’s geopolitical competition with an axis led by China and Russia.
Africa
Ghana’s latest IMF bailout was necessitated by a combination of global shocks and domestic factors, primarily a spending spree by President Nana Akufo-Addo’s administration. Akufo-Addo campaigned for the presidency in 2016 on the promise of change. Seven years on, change has indeed come. But it has not been in the promised direction.
New tensions in South Africa’s relationship with the U.S. emerged last week when Washington’s ambassador to Pretoria accused the country of providing arms to Russia despite Pretoria’s stated nonalignment in the war in Ukraine. The dispute could have implications for Washington’s “reset” of its relations with African countries.