- LAUNCH NEW GLOBAL SOUTH DEVELOPMENT PLATFORMS
The Africa Asia Scholars Global Network (AASGON) and the Global South Economic Forum (GSEF) have echoed World Bank President Ajay Banga’s warning that the global financial system remains unfair to developing nations, who are often “paying the price” for the prosperity of wealthier countries.
The organisations call for urgent reforms to rebuild trust between the Global North and South.
To accelerate progress on the SDGs, AASGON and GSEF have launched the Global South Sustainable Development Council (GSSDC), the Global South Integrated Development Forum (GS-IDF), and the Global South Resilience & Innovation Fund (GSRIF).
The leading Global South multilateral organisations had on the occasion of Mandela Day at the House of Lords, UK Parliament in London, 18th July 2025 inaugurated Global South Institutional Ecosystems to drive action in education, research, climate resilience, agriculture, industrialisation, youth and women empowerment, diaspora engagement, and South-South cooperation.
AASGON and GSEF also challenge the narrative that Africa’s weak corporate presence at the recently concluded World Economic Forum in Davos, explains its limited gains at the Forum.
They argue that Africa has been systemnatically excluded, noting that even in 2018, when – first time in history – WEF celebrated an all-women leadership forum – no African woman was included, and made this clear to the UN Women Executive Director, when they met with her at her New York Head office on the 19th of July, 2018.
At a meeting held at the AASGON Secretariat at the Le Meridien Hotel Commercial Complex in Delhi on Tuesday, 20 January 2026, Abdul Dewale Mohammed, Founder & Group Executive President of AASGON and Group Chairman of GSEF, told the visiting Secretary-General and Assistant Secretary-General, His Excellencies, Dr. Manoj Nardesingh and Rami Qtaishat of the African-Asian Development Organization (AARDO), the organisations’ new Technical Partner, that “incremental change is no longer enough.”
Abdul reiterated that “Africa’s exclusion from global decision-making is structural, not accidental, and that a just financial system is essential for global stability and shared prosperity.”