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New Partnership For Africa Development (Nepad)

Africa, a continent gifted with giant amounts of natural and human resources as well as great cultural, ecological and economic diversity, remains underdeveloped. Africa is a continent of 54 independent countries and a rich mix of native peoples, cultures, economies and history (Bennet 57). It is the world's second largest and second most populous continent. With all of the various countries and all of the natural resources in which they hold, they are still in need of massive assistance to get their continent out of the debt that they are in. A program geared to only Africa, is helping to solve the root problems in Africa's debt, and is longing to improve many aspects of Africa and the development of it. NEPAD is a comprehensive socio-economic renewal program that is fixed upon the three interdependent and mutually reinforcing support of sustainable development economic development, social development and environmental protection (NEPAD). NEPAD's four primary objectives are to eradicate poverty, promote sustainable growth and development, integrate Africa in the world economy, and accelerate the empowerment of women (Taylor 164). NEPAD seeks to attract increased investment, capital flows and funding, providing an African owned framework for development as the foundation for partnership at regional and international levels.
In Africa, 340 million people, or half the population, live on less than one US dollar per day which is a gigantic issue in Africa. One of NEPAD's major goals is to eliminate poverty. There are many actions which reduce poverty indirectly and in the long run, as the economy as a whole expands and flourishes. Infrastructure investment that promotes high technology manufacturing is an example of this. There are actions that can have a faster and more direct beneficial effect on the poor. Direct investment in health facilities in poor areas, or the development of an effective anti malaria vaccine, are examples of this. Another great idea is...