Southern Africa development bulletin: NEPAD a framework for Africa's development in the 21st century

Abstract

The New Partnership for Africa's Development, NEPAD, is an initiative adopted by the African countries as the economic heart for the transformation of African development and marks the transition from the political orientation of the Organization of African Unity (OAU) to the economic focus of the African Union (AU). NEPAD has been received with both enthusiasm and skepticism by stakeholders in Africa and outside Africa. This issue of the Bulletin focuses on the New Partnership for Africa’s Development (NEPAD), a framework that has been developed by African leaders for Africa's Development in the 21st century. NEPAD aims to reduce poverty in Africa by transforming the continent's development strategy by placing African countries, individually and collectively, on a path of. self-sustaining development. It aims to tum Africa into a major actor in the new world economy, and halt its marginalization in the globalization process.