Abstract Seven 2005-2006

GLOBAL

DEVELOPMENT STUDIES

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Volume Four Winter 2005-Spring 2006 Numbers 1-2.

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THE NEW PARTNERSHIP FOR AFRICA'S DEVELOPMENT: RECENT DEVELOPMENTS AND CHALLENGES

Oludele A. Akinboade

Department of Economics

University of South Africa

P.O.Box 392 Pretoria, RSA

Email: akinboa@unisa.ac.za

Published online: February 10, 2017

ABSTRACT

Interest has soared in the New Partnership for Africa's Development [NEPAD] as the policy framework for the development of a continent that is generally perceived as politically unstable, dotted with corrupt leadership, and being risky in terms of investment and trade. The NEPAD framework, which is a recipe of policies that work or believed to work was drawn up by African leaders in collaboration with development partners as the strategic roadmap that would take the continent out of poverty, integrate it globally and end years of marginalization. This article discusses recent developments and challenges facing this important framework.