NEPAD New Partnership for Africa's Development Peer Review Mechanism

Business in Africa - Africa Institutions

Summary

New Partnership for Africa’s Development NEPAD.

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 Organization 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 continued marginalization of Africa needed a new radical intervention, spearheaded by African leaders, to develop a new Vision that would guarantee Africa’s Renewal.

Member countries of NEPAD: Algeria, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Comoros, Congo, Democratic Republic of Congo, Ivory Coast, Djibouti, Egypt, Eritrea, Ethiopia, Gabon, Gambia, Ghana, Guinea-Bissau, Guinea Conakry, Equatorial Guinea, Kenya, Lesotho, Liberia, Libya, Madagascar, Malawi, Mali, Mauritania, Mauritius, Mozambique, Namibia, Niger, Nigeria, Uganda, Rwanda, Western Sahara, Sao Tome Tome and Principe, Senegal, Seychelles, Sierra Leone, Somalia, Sudan, Swaziland, Tanzania, Chad, Togo, Tunisia, Zambia and Zimbabwe.

OBJECTIVES:

• To eradicate poverty;
• To place African countries, both individually and collectively, on a path of sustainable growth and development;
• To halt the marginalization of Africa in the globalization process and enhance its full and beneficial integration into the global economy;
• To accelerate the empowerment of women

Sample:

The African Peer Review Mechanism (APRM) is a mutually agreed instrument voluntarily acceded to by the Member States of the African Union (AU) as an African self-monitoring mechanism. The APRM is a bold, unique and innovative approach designed and implemented by Africans for Africa.

Selected African Regional Economic Communities (RECs) and partner institutions are also official members of the HSGIC. In this regard, Heads of the eight AU-recognised RECs (ECOWAS, ECCAS, EAC, CEN-SAD, SADC, AMU/UMA, COMESA and IGAD), and the African Development Bank (ADB), UNDP, UN Office of Special Adviser on Africa (UN-OSAA) as well as the UN Economic Commission for Africa (UNECA), also participate in the Summits of the Implementation Committee.

Principles:

• Good governance as a basic requirement for peace, security and sustainable political and socio-economic development
• African ownership and leadership, as well as broad and deep participation by all sectors of society;
• Anchoring the development of Africa on its resources and resourcefulness of its people;
• Partnership between and amongst African peoples;
• Acceleration of regional and continental integration;
• Building the competitiveness of African countries and the continent;
• Forging a new international partnership that changes the unequal relationship between Africa and the developed world; and
• Ensuring that all Partnerships with NEPAD are linked to the Millennium Development Goals and other agreed development goals and targets.

Available Languages: (Fr: NEPAD Nouveau Partenariat Developpement Afrique) (Pt: NEPAD)

AFRICA Scholarships Grants Bourses d’études Francophonie et Afrique (FR)

Master Executive Business with Africa - Master East and Southern Africa  - Master Business West Africa and Maghreb - Master in Business with Muslims countries

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