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Leaders gather2 Original Source Link: (May no longer be active)    http://story.news.yahoo.com/news?tmpl=story&u=/ap/20020708/ap_on_re_af/safrica_african_union_1 http://story.news.yahoo.com/news?tmpl=story&u=/ap/20020708/ap_on_re_af/safrica_african_union_1 African Leaders Gather for New Union Mon Jul 8, 8:32 AM ET By DINA KRAFT, Associated Press Writer DURBAN, South Africa (AP) - African leaders gathered Monday to bid farewell to the Organization of African Unity, a much-criticized regional body formed nearly four decades ago to usher the continent out of colonialism. Those leaders prepared for the 39-year-old OAU's transformation into the African Union, intended to focus more on good governance and economic development than its predecessor. South African President Thabo Mbeki took issue with critics who dismissed the OAU as a failure and a mere collection of corrupt dictators that did little to lift Africa out of poverty and conflict. Mbeki said the OAU helped unify the continent and ensured its liberation from colonial rule and apartheid. "The liquidation of the system of colonialism stands out as one of the historic achievements of the OAU, which guarantees the organization a permanent place of honor in the history of the formation of modern Africa," said Mbeki, who will be the union's first chairman when it is launched Tuesday. The union's economic arm, the New Partnership for African Development, or NEPAD, will seek international investment in Africa in return for good governance, fiscal responsibility and respect for human rights. Mbeki's influence has been challenged by Libyan leader Moammar Gadhafi, who wants to assume a strong leadership role on the world's poorest continent. Gadhafi will join NEPAD's steering committee, media reports said Monday. He said foreign investment in the continent should come on Africa's terms. "Those who want to assist us, we welcome. Those who want to impose conditions on use, we don't want them," he said. "We are not children who need to be taught." He added, "We will do our part to achieve human rights and reach popular democracy, but in our own style, our own way." The African Union will include a parliament, a security council and a standby peacekeeping force that theoretically could stop internal African conflicts.

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