The New Partnership for Africaâ€™s Development (NEPAD) is a comprehensive framework for the political and socio-economic transformation of African countries and the African continent initiated by the African Union in 2001. The features include principles of African ownership and multi-stakeholder partnership in a collective resolve to move Africa forward. As such, NEPAD promotes partnership:
Between all the countries of the continent of Africa;
Between the public and private sectors in Africa;
Between African governments and their civil societies; and
Between Africa and the rest of the world â€“ including multilateral institutions like United Nations system, the World bank and the IMF, and the G-8 group, among others.