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Africa 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 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 continued marginalisation of
Africa needed a new radical intervention, spearheaded by African leaders, to
develop a new Vision that would guarantee Africa’s Renewal.
OBJECTIVES:
- To eradicate poverty;
- To place African countries, both individually and collectively, on a
path of sustainable growth and development;
- To halt the marginalisation of Africa in the globalisation process and
enhance its full and beneficial integration into the global economy;
- To accelerate the empowerment of women
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 Millenium
Development Goals and other agreed development goals and targets.
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