Audio By Carbonatix
The United Nations Conference on Trade and Development (UNCTAD) has convened a panel to reflect on the New Partnership for Africa’s Development (NEPAD) achievements and challenges in advancing Africa’s development as UNCTAD marks its 10th anniversary.
Chief Executive Officer of NEPAD Agency, Dr Ibrahim Mayaki explained that NEPAD as the blueprint for the continent’s development, had played a crucial part in the steady progress made on the continent, in terms of democratisation and development.
“If we look at NEPAD, the focus has been on strategic thinking, planning and coherence in resource mobilisation. There has also been an emphasis on proper governance and management of public resources, with effective tools such as those provided by the Africa Peer Review Mechanism (APRM). Today African countries are quite well managed.”
The panel discussed issues on economic and development in Africa.
UNCTAD Special Coordinator for Africa, Mr Kamran Kousari stressed the need for NEPAD to reduce aid-dependency and rather focus on domestic resource mobilisation for sustainable development.
He said African leaders must renew their commitments to mobilise adequate financial resources for NEPAD.
At the end of the session the participants agreed that the relevance and success of NEPAD depended on the extent to which African leaders, Africans and particularly civil society and development partners are involved in the process of implementing NEPAD.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Libya’s army chief killed in air crash in Turkey
1 hour -
US Supreme Court rejects Trump’s bid to deploy National Guard to Chicago
1 hour -
Irish grandmother detained in US freed after husband appeals to Congress
1 hour -
Trump travelled on Epstein’s plane more than previously thought, prosecutor says
1 hour -
Tunisia cruise past Uganda to start AFCON with win
2 hours -
Arsenal beat Palace on penalties for place in EFL Cup semis
2 hours -
Newcastle seek ‘clarification’ over non-penalty
2 hours -
Why Mbappe had £1.3m ethics bonus in PSG contract
2 hours -
American billionaire Martha Stewart joins Snoop and Modric as Swans co-owner
2 hours -
Isak facing two months out after ‘reckless’ tackle – Slot
2 hours -
Real Madrid forward Endrick agrees Lyon loan switch
3 hours -
Some people have left the church because I am a gay woman, says Archbishop
3 hours -
CBS defends pulling 60 Minutes segment about Trump deportations
3 hours -
Man City in advanced talks with Bournemouth’s Semenyo
3 hours -
Jackson claims double as Senegal brush aside Botswana
3 hours
