What is NEPAD?

The New Partnership for Africa’s Development (NEPAD) was developed by the five initial states of the OAU (Algeria, Egypt, Nigeria, Senegal, and South Africa) and formally adopted in July 2001.

NEPAD’s primary objectives are poverty eradication, sustainable development, and integrating Africa into the global economy. It focuses on establishing partnerships with industrial countries for increased aid, foreign investment, debt relief, and market access. In 2002, NEPAD was placed under the purview of the AU; a committee reports annually to the AU Assembly. In March 2007, NEPAD leaders decided the partnership should be integrated into the structures and processes of the AU by July 2008.


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