When the New Economic Partnership for African Development was founded by African leaders in 2001, many people did not believe it could make much impact.
Similar agencies and organizations that existed before then did not achieve any unique feat or make any visible impact, such as the former Organization of African Unity, now African Union. But, today, the story seems to have changed as NEPAD is bringing in accountability in leadership structures existing in Africa thereby infusing value re-orientation among the leadership standards in Africa.
The recent introduction of the African Peer Review mechanism by NEPAD as a means of assessing the African political economy under the Country Self Assessment Review {CSAR} has been seen as a good omen targeted towards the advancement of African states. The criteria for assessment are based on four thematic areas, which include democracy and political governance, economic governance and management, corporate governance and socio-economic development.
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