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Friday, 8 February, 2002, 17:52 GMT
Africa sets out economic plan
Nepad needs $64 billion annually to rebuild Africa
African heads of state meeting in the French president's Elysee Palace in Paris have expressed their determination to end famine and bloodshed on the continent.
The 13 leaders met President Jacques Chirac to discuss a new economic initiative for Africa, which they launched last October. The plan, known as the New Partnership for African Development (Nepad), is an African-designed plan to rebuild the continent, which sets an annual target of $64 billion dollars in foreign investment. In return, Western countries are asking Africa to make a commitment to democracy and the fight against corruption. Founding members Heads of state attending the meeting include the Algerian, Nigerian and Senegalese leaders - three of the four founding members of Nepad. The other is South Africa's President Thabo Mbeki, who has remained at home to deliver his annual state of the nation address.
He has been represented in Paris by Deputy President Jacob Zuma. The initiative has been compared to the Marshall Plan for rebuilding Europe after the Second World War. The Organisation for Economic Cooperation and Development (OECD) remains sceptical about its chances of success. And Western diplomats say that it remains a concept in need of fleshing out. Old rivalries But President Chirac said he held out much hope for the initiative, backed by both France and Britain, as he launched the one-day summit on Friday.
The two former colonial powers have recently put aside their ancient diplomatic rivalry, and have embarked on a joint offensive to encourage African development. It is hoped that both Britain and France will strongly support the Nepad initiative at the June's G-8 summit in Canada. While Mr Chirac hosts the Nepad summit in Paris, Mr Blair is on a tour of four African countries, where he will also promote the plan. "This is the best chance in a generation for us to make their partnership work," Mr Blair said on Thursday in Lagos. "There is a generation of African leaders who are prepared to say 'it is our responsibility'," the British premier said. |
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