INTRODUCTIONThe main objective of the document is to discuss in detail the origins and objectives of the New Partnership for Africa's Development (NEPAD) together with the main problems and challenges facing it must face. First of all, the historical context of the partnership will be examined, addressing the part relating to its origins and objectives. Secondly we will discuss the successes, then the main problems and challenges facing the partnership. A series of recommendations will then be made before finally looking at the conclusion of the document. The post-colonial period has seen Africa with a history of unstable socio-economic growth. The promising take-off observed in the 1960s was short-lived. Growth was disturbed by the oil crisis of 1973. The effect of the oil crisis was more severe in Africa than in other developing regions. Nearly half of African states experienced low per capita growth rates during the crisis period up to the 1980s. It was during this period that marked the beginning of the debt crisis. According to Donald Chimanikire, new long-term loans by African countries south of the Sahara increased from $3 billion in 1976 to $11.5 billion in 1980 (Chimanikire, 2007). This indicates that there has been an overall growth in lending by African states, hence the debt crisis. The situation worsened very rapidly during the 1980s, leading some observers and analysts to refer to the 1980s as “the lost decade.” As reported in African Development, a comparative perspective published by UNCTAD in 1998, “Africa…. failed to adapt to a more hostile external environment, characterized by a deterioration in the terms of trade, a sharp increase in international interest... half of the document... African President Thabo Mbeki and launched at the World Economic Forum in Davos in January 2001. The second on the list is the Omega Plan, of the President of Senegal, Abdoulaye Wade, presented at the Conference of Francophone African Leaders in January 2001 in Cameroon, and the third and last of these, The Pact for African Recovery is was initiated by the then ECA Executive Secretary, KY Amoako, in response to a mandate from African finance ministers in late 2000. All three initiatives have the common goal of increasing the speed and impact of development 'Africa. While these initiatives had common characteristics, there were also differences that reflected the regional and other biases of the creators. Compromises had to be reached to merge the three proposals into a single initiative. NEPAD therefore reflects the compromises necessary to arrive at a single initiative.