The object is, by contrast, to re-state those positive aspects of the current conjuncture which bear repetition: for no Arab or African economy is currently included in the list of “advanced economies”. All are typically classified as “emerging-market and developing countries”, equally capable of either retrogression or progression. 2. African emerging  2.1.
As is well-known by now, the integrated socio-economic development framework for Africa was adopted in July 2001 in Lusaka by the 37th Summit of the OAU, and was named NEPAD – the New Partnership for Africa’s Development.