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The role of the African Union as a vehicle for investment initiatives and regional cooperation : a critical overview of the new partnership for Africa's development (NEPAD)

Thesis (PhD (Public Affairs))--University of Pretoria, 2007.

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Other Authors: Kuye, Jerry O.
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Published: University of Pretoria 2013
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access_status_str Open Access
author2 Kuye, Jerry O.
author_browse Kuye, Jerry O.
author_facet Kuye, Jerry O.
collection Thesis
dc_rights_str_mv © 2006, University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Thesis (PhD (Public Affairs))--University of Pretoria, 2007.
format Thesis
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institution University of Pretoria (South Africa)
last_indexed 2026-06-10T12:36:35.732Z
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provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2013
publishDateRange 2013
publishDateSort 2013
publisher University of Pretoria
publisherStr University of Pretoria
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spelling oai:repository.up.ac.za:2263/23733 The role of the African Union as a vehicle for investment initiatives and regional cooperation : a critical overview of the new partnership for Africa's development (NEPAD) Kuye, Jerry O. njoatje@dwaf.gov.za Ngoatje, Mmamautswa Fawcett Initiatives Vehicle Developments (nepad) Overview New partnership Critical Regional cooperation The african union Investment UCTD Thesis (PhD (Public Affairs))--University of Pretoria, 2007. Africa is facing many challenges which range from underdevelopment to high poverty levels. Although Africa is richly endowed with natural resources, the continent continues to be a source of raw material for the North. This state of affairs cannot be allowed to continue indefinitely. The high level of debt owed to multilateral organisations compounds the challenge by limiting investment inflows. Through the New Partnership for Africa's Development (NEPAD), the African Union (AU) has the potential to stimulate growth and development on the continent in pursuit of the attainment of the Millennium Development Goals (MDGs). Undoubtedly, the African Union’s NEPAD faces many challenges itself. The benefits of the multilateral trade regime will only become freely available if factors such as the negative multiplier effects associated with the accomplishment of the ideal of African integration and market access, could be mitigated. The success of NEPAD is not a given for Africa and necessitates visionary leadership. It has to be earned and as a matter of course will involve some sacrifices. Africa will have to mobilise intra-continental investment to leverage Foreign Direct Investment (FDI). The point of departure of this research study is that the NEPAD initiative is an African programme which must be led by Africans themselves, especially the intelligentsia. The Africans in the diaspora also constitute a valuable source of capacity to implement NEPAD. NEPAD promotes the participation of Africa in global affairs in pursuit of the African Renaissance. It is imperative that the architects of NEPAD listen to the concerns being raised by its opponents and continuously engage the Civil Society Organisations (CSOs) and the intended beneficiary society. It should be noted that the private sector can partner with governments in supporting the objectives of NEPAD. There is a need to harmonise policies of different AU member states to give effect to regional cooperation and integration. Regional integration can enhance the mobilisation of resources through economies of scale that will position Africa to penetrate global markets and to attract direct foreign investment. Globalisation itself should not be viewed as a threat, but as presenting new economic challenges and potential opportunities for regional integration. It is time that the Africans their own agenda within Africa. Africans must rise jointly to this occasion and emancipate themselves from dependence associated with underdevelopment and poverty. Africa has the potential and the capacity to succeed through the effective implementation of NEPAD. The time for Africa is now. School of Public Management and Administration (SPMA) unrestricted 2013-09-06T15:49:00Z 2007-04-03 2013-09-06T15:49:00Z 2006-09-06 2007-04-03 2007-04-03 Thesis Ngoatje, M 2006, The role of the African Union as a vehicle for investment initiatives and regional cooperation : a critical overview of the new partnership for Africa's development (NEPAD), PhD thesis, University of Pretoria, Pretoria, viewed yymmdd < http://hdl.handle.net/2263/23733 > http://hdl.handle.net/2263/23733 http://upetd.up.ac.za/thesis/available/etd-04032007-183221/ © 2006, University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle Initiatives
Vehicle
Developments (nepad)
Overview
New partnership
Critical
Regional cooperation
The african union
Investment
UCTD
The role of the African Union as a vehicle for investment initiatives and regional cooperation : a critical overview of the new partnership for Africa's development (NEPAD)
title The role of the African Union as a vehicle for investment initiatives and regional cooperation : a critical overview of the new partnership for Africa's development (NEPAD)
title_full The role of the African Union as a vehicle for investment initiatives and regional cooperation : a critical overview of the new partnership for Africa's development (NEPAD)
title_fullStr The role of the African Union as a vehicle for investment initiatives and regional cooperation : a critical overview of the new partnership for Africa's development (NEPAD)
title_full_unstemmed The role of the African Union as a vehicle for investment initiatives and regional cooperation : a critical overview of the new partnership for Africa's development (NEPAD)
title_short The role of the African Union as a vehicle for investment initiatives and regional cooperation : a critical overview of the new partnership for Africa's development (NEPAD)
title_sort role of the african union as a vehicle for investment initiatives and regional cooperation a critical overview of the new partnership for africa s development nepad
topic Initiatives
Vehicle
Developments (nepad)
Overview
New partnership
Critical
Regional cooperation
The african union
Investment
UCTD
url http://hdl.handle.net/2263/23733
http://upetd.up.ac.za/thesis/available/etd-04032007-183221/