Zuma: Nepad has kept the dream & potential of Africa alive

The president opened a meeting of the Nepad Steering Committee today ahead of the AU Summit tomorrow.

President Jacob Zuma. Picture: GCIS.

JOHANNESBURG - President Jacob Zuma has said African countries have developed the confidence to tackle head-on the considerable challenges still facing them.

Opening the meeting of the New Partnership for Africa's Development (Nepad) Steering Committee in Sandton today, the president said there have been dramatic changes in the continent since its economic programme was launched a decade ago.

Zuma said Nepad has kept alive the dream and potential of Africa, now reaping the benefit of Macroeconomic Management and deeper engagement with the world economy.

However, Africa cannot lose sight of persistent challenges like poverty and unemployment, which contribute to the inequality on the continent.

Zimbabwean President Robert Mugabe, who is chairman of the African Union (AU) Summit starting on Sunday, has urged Nepad leaders to press for industrialisation of the continent, to stop the export of raw materials that have to be expensively repurchased as processed goods.