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Introduction
In the post-colonial era there have been many attempts by African leaders to formulate an initiative to boost development on the continent.
The most recent of these, spearheaded by three prominent leaders, is the 'New Partnership for Africa's Development' (NEPAD). According
to the NEPAD plan of October 2001, there have been several attempts in the past by African leaders to set out continent-wide development
programmes, which proved unsuccessful because of questionable leadership and ownership. The initiation of NEPAD, however, was not at
local or national level, and its implementation depends to a high degree on the approval of a group of industrialised countries, most
particularly the Group of Eight (G8). Despite a 'top down' approach, the NEPAD plan should be recognised as an impressive attempt by a
pool of African leaders to get Africa out of perpetual underdevelopment and poverty, and as such it should be respected and taken seriously.
The feasibility of the NEPAD goals and objectives will be elaborated upon in this policy brief with a special focus on what in the NEPAD plan
has been labelled the 'resource gap'.
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