G20 should better represent Africa - Mohohlo

South Africa is the only African member of the G20, which groups G7 industrialised nations together with major emerging economies such as China, Russia and Saudi Arabia. "The representation of Africa in the G20 is almost non-existent. We don't just want to be told what to do, we want to participate," central bank chief Lina Mohohlo said on the sidelines of the World Economic Forum in Davos. "South Africa is not there to represent the continent. It's not fair to them (South Africa) and it's not their mandate. You need to have more than one country," she said.

Resource-rich Africa, which boasts some of the world's fastest-growing economies, has become a focus for investors looking for high returns over a longer time frame. "The IMF (International Monetary Fund) is also lagging behind," said Mohohlo. "I'm almost sure the problems of Africa will not reach the board of the IMF."