§ Mrs. SpelmanTo ask the Minister of State, Department for International Development what steps he is taking to encourage business participation in New Partnership for Africa's Development. [123641]
Hilary HennDFID is supporting (£117,000) the Commonwealth Business Council (CBC) to develop private sector engagement in the New Partnership for Africa's Development (NEPAD) Programme of Action, and stimulate the increased domestic and foreign investment required for NEPAD to succeed. This work is subsumed under the principal private sector initiative in support of NEPAD—the NEPAD Business Group (NBG).
NBG comprises leading business organisations that have a broad constituency both inside and outside Africa and are committed to helping the continent realise its full economic potential. NBG includes the following organisations: CBC; Prince of Wales International Business Leaders Forum; British African Business Association; and the International Chamber of Commerce,