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New Partnership for Africa’s Development (NEPAD) (CRS Report for Congress)

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Release Date April 30, 2003
Report Number RS21353
Report Type Report
Authors Nicolas Cook, Foreign Affairs, Defense, and Trade Division
Source Agency Congressional Research Service
Summary:

The New Partnership for Africa's Development (NEPAD), described by its proponents as a multi-sector, sustainable development policy framework, seeks to reduce poverty, increase economic growth, and improve socio-economic development prospects across Africa. Major NEPAD aims are to attract greater investment and development aid to Africa, reduce the continent's debt levels, and broaden global market access for African exports. NEPAD emphasizes increased democratization, political accountability, and transparency in governance in African states as primary means of achieving its goals. NEPAD is a key policy vehicle of the African Union (AU), which succeeded the Organization of African Unity (OAU) in July 2002; see CRS Report RS21332 , The African Union . H.Res. 155 , introduced in March 2003, urges U.S. and international support for NEPAD. This report will be updated as events warrant.