Abstract: | This article presents NEPAD as Africa's new economic and social recovery plan. It looks at the concept and 'raison d'être' of NEPAD as well as its developmental objective of political, social and economic renewal and improvement. It discusses the institution's historical genesis and organizational structures, elaborates on NEPAD's principles and presents a synopsis of its successes and constraints. Three factors are considered crucial for NEPAD's way forward: strengthening the union's cooperation; investing in Africa's human resources; and eradication of the mentality of perpetual dependence on foreign aid. The article concludes by stressing the importance of serious African leadership in NEPAD's development venture. Notes, ref., sum. [Journal abstract, edited] |