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African DevelopmentCanada has played a leading role in helping the international community adopt more effective approaches to working with African countries in their development. Canada's leadership in advancing the Africa Action Plan at the G8 Kananaskis Summit in June 2002 is the most recent example. The challenges facing Africa today are enormous and complex. Nevertheless, progress is being made. Africa is the poorest continent in the world at present, yet economic reform has allowed significant growth in the number of successful small and medium-sized businesses. The number of Internet providers has increased more than thirty-fold in the past five years. Among African countries, 42 have held democratic, multi-party elections since the beginning of the 1990s. The need for action is compelling. The New Partnership for Africa's Development (NEPAD) is a made-in-Africa plan to reduce poverty and promote sustainable growth and development. First and foremost, it is a pledge by African leaders to the citizens of Africa to consolidate democracy, pursue sound economic management and promote peace, security and people-focused development. African leaders have personally directed NEPAD's creation and have formally undertaken to hold each other accountable for its achievement. At Kananaskis, G8 leaders welcomed this commitment by unanimously adopting the G8 Africa Action Plan, the framework for action in support of NEPAD. NEPAD and the Africa Action Plan focus on the conditions that need to be created by African governments, with the assistance of development partners, to generate greater public and private resources to finance development and stimulate economic growth. Both initiatives recognize the fundamental importance of good governance, peace and security and human rights as preconditions for sustainable development and poverty reduction. This "new partnership" marks a proposal for joint action to address Africa's problems, first cementing a commitment between African leaders and their peoples, and second, between Africa and the international community. There can be no development without both of these partnerships succeeding. Canada recently announced a commitment of $6 billion in new and existing resources over five years in support of Africa's development, including the $500 million Canada Fund for Africa. New initiatives will bring together governments, the private sector and civil society to promote African innovation, human development and critical infrastructure services. Highlights from the Canada Fund for Africa include:
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