Organisational History

The NEPAD strategy

ic framework document was prepared by the leaders of the five initiating states (Algeria, Egypt, Nigeria, Senegal, South Africa), in response to a mandate given to them by the Summit of the Organisation of African Unity (OAU). The 37th Summit of the OAU in July 2001 formally adopted the strategic framework document in Lusaka, Zambia.

On this basis, the NBF was originally formed at the request and support of these five Heads of State as the NEPAD Business Group in June 2002. This formation focused on supporting the NEPAD strategic framework for Africa as the main continental programme for the development of Africa.

In 2005, the NBF was incorporated as a non-profit company and has operated from South Africa since then as the NEPAD Business Foundation. In 2010, the NEPAD Business Foundation signed a Memorandum of Understanding with the newly mandated NEPAD Planning and Coordinating Agency to canvass the support of the private sector in the implementation of NEPAD programmes. This agreement cemented critical ties with public sector in Africa, building on already successful programmes for continental cooperation under CAADP and PIDA.



NBF signs MoU with the SADC Secretariat . 

NBF signs MoU with SADC 

Development Finance Resource Centre

NBF signs MoU with Tanzanian Port Authority.

NBF launches the Southern Africa Business Forum (SABF) working groups.

SABF hosts Second Annual SABF Conference in Swaziland.


NBF incorporates Removing the Barriers in Agriculture programme into the NBF Agriculture Desk

NBF hosts second Public-Private Dialogue Forum on Infrastructure Projects

NBF hosts inaugural Southern Africa Business Forum in Botswana

NBF opens an office in Addis Ababa, Ethiopia


NBF leads trade mission to Ethiopia

NBF signs MOU with the African Union

African Leaders in Dialogue dinner hosts AU Chair, Dr Nkosazana Dlamini-Zuma, as keynote speaker

NBF hosts SAADPP regional conference


NBF launches the NEPAD Yearbook at WEF Africa

NBF launches the Africa Infrastructure Desk (Afri-ID)

NBF launches the African Corporate Governance Network (ACGN) in Mauritius

NBF opens offices in Malawi and Zambia

NBF hosts inaugural Public-Private Dialogue Forum on Infrastructure Projects

NBF launches the Southern Africa Agriculture Development Partnership Platform (SAADPP) in Mozambique, Zambia and Malawi 


NBF and Nedbank launch the Nedbank-NBF  Networking Forum

SWPN launches first publication at the World Economic Forum

NBF and the Center for Creative Leadership (CCL) to host inaugural African Leadership Development Forum

NBF signs an MoU with the NEPAD Agency

NBF launches the Southern Africa Agriculture Development Partnership Platform (SAADPP)

NBF and Instituto Superior Politécnico de Manica (agricultural training college in Manica) launch premiere supply chain entrepreneurship development programme in Manica, Mozambique


NBF produces first Integrated Report

NBF launches the Strategic Water Partners  Network (SWPN)

NBF registers an office in Mozambique 


NBF launches the Removing the Barriers in agriculture(RtB) programme

GIBS and NBF implement the Business of Africa Executive programme

NBF established as the secretariat for the Strategic Water Partners Network - South Africa

NBF completes research on harmonising trade policy for the African Development Bank in association with SAIIA

2008 - 2009

NBF hosts inaugural NEPAD Ambassadors and Executives gala

NBF and Wits Business School implement the African Leadership 

2004 - 2007                                      

NEPAD Business Foundation is incorporated as a non-profit company

NBF organises members into 16 sectoral working groups

NBF and NEPAD Agency jointly launch the inaugural NEPAD Guide at WEF Africa

NBF launches the African Leadership Programme


NEPAD Business Group is formed to support the New Partnership for Africa’s Development programme at the request of the presidents of Algeria, Egypt, Nigeria, Senegal and South Africa.







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