About Us

About NEPAD

The New Partnership for Africa’s Development (NEPAD) framework evolved from a mandate given to the five initiating Heads of State (Algeria, Egypt, Nigeria, Senegal and South Africa) by the Organization of African Unity (OAU) now African Union (AU) 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.

Resolution 57/7 of the United Nations Assembly in 2002 adopted the New Partnership for Africa’s Development (NEPAD) as a framework for supporting development in Africa, and advised that all African countries establish a National NEPAD Office. In the same year, the National Assembly of Nigeria ratified and adopted the African Union Consultative Act of which NEPAD programme and initiative are part thereof.

It is a strategic framework for Africa’s renewal and sustainable development. It is a framework of Action Plan between Africa and the rest of the world. It is a comprehensive integrated development plan that addresses key social, economic, environmental and political priorities. It is a unique opportunity to improve governance in Africa and lure investment to the continent.

The primary goals of NEPAD are:

  • To eradicate poverty;
  • To place African countries on the path of sustainable economic growth and development;
  • To accelerate the empowerment of women, and
  • To halt the marginalization of Africa in the globalization process while enhancing its full and beneficial integration into the global economy.
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Mission

Work with African countries, both individually and collectively towards sustainable growth and development

Vision

Build an integrated, prosperous and peaceful Africa driven by its own citizens and representing a dynamic force in the global arena

These include:

  1. Establishing the conditions for sustainable development by ensuring:
  • Peace and security;
  • Democracy and good political, economic and corporate governance;
  • Regional co-operation and integration;
  • Capacity building.

 

  1. Policy reforms and increased investment in the following priority sectors:
  • Agriculture;
  • Human development with focus on health, education, Science and technology and skills development;
  • Building and improving infrastructure, including Information and Communication Technology (lCT), Energy, Transport, Water and sanitation;
  • Promote diversification of production and exports, particularly with respect to agro-industries, manufacturing, mining, mineral beneficiation and tourism;
  • Accelerating intra-African trade and improving access to markets of developed countries;
  • The environment.

 

  1. Mobilizing Resources by:
  • Increasing domestic savings and investments;
  • Improving management of public revenue and expenditure;
  • Improving Africa’s share in global trade;
  • Attracting Foreign Direct Investment; and
  • Increasing capital flows through further debt reduction and increase ODA flows.
  • 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 people;
  • 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;
  • Ensuring that all partnership with NEPAD are linked to the Millennium Development Goals and other agreed development goals and targets;
  • It is also a strategy for adaptation/domestication of best standards/practices in African Countries and partnering with relevant stakeholders in the areas of skill acquisition, finance, technology, etc.

NEPAD is designed to address the current challenges facing the African continent. Issues such as the escalating poverty levels and underdevelopment of African countries and the continued marginalization of Africa from the global economy needed a radical new intervention, spearheaded by African leaders – that would bring forth a new Vision for Africa’s Renewal.  Therefore the objectives of NEPAD among others are:-

  1. Eradication of poverty;
  2. Ensuring sustainable growth and development;
  3. Encouraging good political and corporate governance; and
  4. Empowerment of women and youths; etc.