The deficit of these fundamental values of economic management at the world level, has led at the same time authors and victims up to the gates of financial Hell,....fortunately just avoided!
Although debatable and to a certain extend insufficient, a political will of the leaders of the main industrialized countries was shown, in order to "regulate" the international financial transactions, so that a same crisis shall not take place anymore.
But, what about Africa in all this ? In what measures has Africa got touched by this crisis?What was since concretely be done until now ?We will try our best to answer these questions in the next edition of our Magazine, basing us on a deep analysis of the financial and economic situation of the African continent. Energy, Oil, Ores, Infrastructures, Telecommunications, Agriculture, Health, Education, Banking activities, Services etc, are the sectors which contain great economic potentialities ( among which some are still little known or unexploited ) able to generate extraordinary wealth for the benefit of Africa and its foreign partners.
An exhaustive evaluation of the priority development needs trough an appropriate concept of financing of the SME can bring a new hope. Quality of life, health care, ecology, as well as the the renewal of natural resources should also keep our attention. This hope is there. We can feel and see it. We must act, together, to provide this hope of development which Africa is waiting for. By so doing, we can help African countries to build again a new Africa. Not an Africa of disasters and humanitarian aid, but an Africa of progress, of research and innovation.
The introduction of Voluntary Social Currency Transaction Levies on a national basis in the WUSME Countries As proposed by WUSME's General Secretary Prof. Norbert W. Knoll-Dornhoff will be a first step to raise innovative sources of SMEs micro financing in less developed Countries. An agreement With Ethical Currency, London, to give 0,005% of all FOREX transactions for crises prevention And development is the first real success story of WUSME since the historic founding conference in San Marino April 2010.
The WUSME is today the place where this dream is possible. So let us tell and convince the world, governments and International financial Institutions to support WUSME, because our mission is to carry the hope of development wherever there is no hope. Yes, we do believe in it, and we know that trough WUSME, we can make it !
Donatien Tschidibu Beya
Member of Permanent Committee for Social Issues.