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Volume5
MonthMay
Year2004
TitleThe New Partnership for Africa's Development: Institutional and Legal Challenges of Investment Promotion
Author(s)Victor Mosoti
First Page145
AbstractThis paper is divided into five parts. Part I introduces NEPAD, its philosophical basis and objectives. Part II discusses the investment promotion role of NEPAD and its difference from past development thinking about Africa's problems. In Part III we discuss NEPAD's strategy for realizing investment flows into Africa, some of the NEPAD's institutional weaknesses, and the repercussions thereof in realizing the NEPAD objectives. It also highlights the potential implications of NEPAD to the regional integration plan in Africa. Taking into account the supposed political clash between NEPAD and the AU, Part IV discusses possible ways of restructuring NEPAD to enable it to function better as an investment promotion strategy and Part V concludes.