By Our Reporter
In a strategic initiative poised to unlock new opportunities for both Africa and the global economy, SanlamAllianz, the joint venture between Sanlam Group and Allianz Group, proudly announces its role as a lead sponsor of the B20 Summit. This prestigious event serves as the G20’s premier dialogue platform for the global business community, fostering collaboration between business and government to stimulate economic growth across Africa. The G20 Summit is scheduled to take place in Cape Town, South Africa in November 2025.
The private sector is pivotal in shaping a prosperous African economy by driving innovation, mobilising investments, facilitating trade and empowering businesses and individuals to secure and grow their assets. As the largest pan-African non-banking financial services entity operating in 27 markets, SanlamAllianz possesses the expertise and resources to fulfil these ambitions. Sanlam Group contributes in-depth market knowledge and extensive experience in African markets, while Allianz Group provides a global perspective and financial stability as one of the world’s largest insurance and investment companies.
Sanlam Group CEO, Mr Paul Hanratty, has been appointed as the Chair of the B20 Employment and Education Task Force, one of the eight B20 Task Forces. In this role, he will engage various local, continental and global leaders and experts in the fields of employment and education to formulate policy recommendations ahead of the G20 Summit.
“Through this G20, South Africa and the African Union stand to contribute to driving and significantly shaping policies that will support global economic growth and development well beyond 2025,” said Mr Hanratty. “Our participation is more than a sponsorship. It is a strategic opportunity to showcase the strength and capabilities of Africa’s leaders. It is also an opportunity to leverage this historic moment and reaffirm Sanlam’s purpose, which is to empower generations to be financially confident, secure and prosperous,” he added.
Christopher Townsend, Member of the Board of Management of Allianz SE and Chairperson of SanlamAllianz said, “The African continent stands as one of the world’s fastest-growing economies, characterised by a dynamic, youthful workforce and extraordinary potential. We are therefore immensely proud to be the lead sponsor of the B20 and look forward to working together with other business and government leaders as we apply SanlamAllianz’s insurance and investment expertise to propel this future market forward.”
South Africa assumed the Presidency of the G20 in December 2024 and will preside over the G20 until November 2025. South Africa’s presidency is historic, as it marks the first time a nation from the African continent is hosting this influential global forum. The theme for this year’s G20 is “Solidarity, Equality and Sustainability,” which reflects South Africa’s intention to build on the efforts and successes of the last three G20 Presidencies of the Global South and to advance the development agenda. The theme for this year’s B20 is “Inclusive Growth and Prosperity through Global Cooperation”.