US-North Africa Partnership for Economic Opportunity
U.S.-North Africa Partnership For Economic Opportunity: Locally Driven Partnerships that Build Prosperity
Fact Sheet
Bureau of Public Affairs
June 7, 2012
“The U.S.-North Africa Partnership for Economic Opportunity is building a network of public and private partners and programs to deepen economic integration among the countries in North Africa. These people-to-people contacts have already helped lay the groundwork for cross-border initiatives to create jobs, train youth, and support start-ups.”
-- Secretary of State Hillary Rodham Clinton
The U.S.-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.
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.
Public-Private
Partnership
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.
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.
Focus
Areas
• Entrepreneurship & Access to
Finance
•
• Education & Skills
Training
•
• Science &
Technology
•
• Cross-Border
Exchange
•
Regular Partnership
Events
• Meetings with Senior
Officials
•
• Annual NAPEO
Conference
•
• Partnership Delegations and
Training Programs
•
• Local Board
Programs
•
• Online Community: http://www.pnb-napeo.org
•
Policy
Advocacy
In a biannual NAPEO policy
dialogue, senior U.S. and Maghreb officials discuss policy
conducive to economic growth and building opportunity,
especially for youth. These business climate issues are
critical for U.S. companies (in sectors including renewable
energy, agribusiness, infrastructure, IT, the creative
industries, and tourism) hoping to access the Maghreb’s
100 million-person emerging market.
Diaspora
Engagement
Diaspora communities are often
“first-movers” and bring unique expertise, insight, and
personal commitment to addressing local challenges in their
countries of origin. Diaspora leaders play a key role in
NAPEO as International Board members, investors, delegation
participants, and mentors.
Measuring
Success
We aim to positively impact
thousands of young people in the Maghreb through 1,000 new
partnerships in the next five years. Successes to-date
include:
• Over forty locally driven
partnerships
•
• Entrepreneurship Delegation:
Prominent entrepreneurs and early-stage investors trained,
mentored, and showcased 70 promising Maghreb
start-ups
•
• Creative Industries Delegation to
Algeria: Trained 50 creative
entrepreneurs
•
• Annual NAPEO Conference: In
2012, convened 450 partners and over 100 trainers, experts
and mentors
•
• Maghreb Start-Up Initiative:
First-ever Maghreb start-up competition linked to diaspora
with over $70,000 in cash prizes
•
• Online
Partnership and Investor Platform: Hosts 70 NAPEO
Entrepreneur Success Stories and other Maghreb-specific
content
ENDS