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NEPAD

New Partnership for Africa's Development is an economic development program of the African Union. The NEPAD was adopted at the 37th session of the Assembly of Heads of State and Government in July 2001 in Lusaka, Zambia. It is meant to develop values and monitor their implementation within the framework of the African Union.

NEPAD is a merger of the Millennium Partnership for the African Recovery Program (MAP) and the OMEGA Plan. The merger was finalized on 3 July 2001. Out of the merger, NAI was born. The OAU Summit Heads of State and Government on 11 July 2001 approved NAI. The leaders of G8 countries endorsed the plan on 20 July 2001. The Heads of State Implementation Committee (HSIC) finalized the policy framework on 23 October 2001, and NEPAD was formed.

Bibliography

External Links

http://www.nepad.org