The New Partnership
for Africa's Development (NEPAD) is a vision and strategic
framework for Africa's renewal.
The NEPAD strategic framework
document arises from a mandate given to the five initiating
Heads of State (Algeria, Egypt, Nigeria, Senegal, South Africa)
by the Organisation of African Unity (OAU) to develop an integrated
socio-economic development framework for Africa. The 37th Summit
of the OAU in July 2001 formally adopted the strategic framework
document.
NEPAD is designed
to address the current challenges facing the African continent.
Issues such as the escalating poverty levels, underdevelopment
and the |
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continued
marginalisation of Africa needed a new radical intervention,
spearheaded by African leaders, to develop a new Vision that
would guarantee Africa's Renewal.
NEPAD's
key objectives are:
a) To eradicate poverty;
b) To place African countries, both individually and collectively,
on a path of sustainable growth and development;
c) To halt the marginalisation of Africa in the globalisation
process and enhance its full and beneficial integration into
the global economy;
d) To accelerate the empowerment of women
www.nepad.org
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