North Africa Partnership For Economic Opportunity
Tag: North Africa, North Africa Economic
Summary: North Africa Partnership for Economic Opportunity (NAPEO) is a regional public-private partnership led by the U.S. Department of State and the Aspen Institute-driven Partners for a New Beginning (PN…
North Africa Partnership for Economic Opportunity (NAPEO) is a regional public-private partnership led by the U.S. Department of State and the Aspen Institute-driven Partners for a New Beginning (PNB).
NAPEO builds locally-owned, mutually beneficial partnerships between leaders, innovators, and organizations from the United States and the Maghreb (Algeria, Libya, Mauritania, Morocco, and Tunisia) that foster economic opportunity and regional integration.
Locally Owned, Locally Driven
American and Maghreb business, diaspora, and civil society leaders on the NAPEO International Advisory Board provide strategic leadership working with local NAPEO boards in the Maghreb countries, who determine local priorities and a Maghreb regional agenda.
A regional approach lowers costs for organizations looking for partners across the Maghreb.
The President’s and Secretary’s Vision
At Cairo University in 2009, President Barack Obama called for broad partnership between the private sector, government, and civil society to ‘help people pursue a better life.’ NAPEO, launched in 2010 at the inaugural U.S.-Maghreb Entrepreneurship Conference in Algeria, implements this vision in North Africa and focuses on priorities Secretary Clinton has laid out for U.S. foreign policy in the Maghreb: fostering regional integration, creating jobs for youth through education and skills training, and building people-topeople and business partnerships with the United States.
The global economic challenges we face cannot be solved by governments alone. Partnership with the private sector stretches scarce public resources, capitalizes on private innovation, and helps ensure long-term sustainability.