As NEPAD marks 10 years of its existence as a continental programme aimed at fast tracking the development agenda of the continent, opinions are divided about how far it has succeeded in achieving its objective.
As the New Partnership for Africa’s Development (NEPAD) marks 10 years there is a need to outline the development lessons learnt in the past decade in order to plan better for the future.
Already, Heads of State who attended the 25th Summit of the Head of State and Government Orientation Committee (HSGOC) marked the 10th Anniversary of NEPAD by calling for renewed focus on the implementation of the established NEPAD programmes and projects.
The meeting brought together all South African Heads of Mission from a hundred and twenty-four missions in a hundred and ten countries for an engagement on issues critical to the delivery of South Africa’s foreign policy priorities.
It is clear that the current financing arrangement for the African Union dependent on assessed contributions of African Union Member States and Partner funds is no longer adequate, sustainable and reliable to meet the growing financing needs of the Union.