Houston, TX (PRWEB) May 10, 2006
Economic Technologies’ Chairman & CEO, Jude E. Uba, in his Report as chairman of the Global Leadership Board, called on African nations to quickly embrace, develop and install brilliant leaderships at all levels of government and business, if the continent is to unlock critical areas of trapped growth and to boost competitive advantages.
According to his report, Africa’s leadership quality, at national levels, achieved minimal gains in the past five years, particularly in Nigeria. However, with deeper and richer gains in Asia, particularly in India, the UAE and China, and faced with escalating social and economic infrastructure deterioration and demands, the continent fell several aggregate points behind, creating an even bigger leadership deficit than in the 1995-2000 cycle.
“The world is now exiting the first phase of what will be the most unprecedented poverty reduction and wealth creation project ever, but the biggest winners will be nations equipped with brilliant leaders, with an all-embracing vision for the future, new ideas giving new hopes and new dreams. Africa must triple real leadership quality at all levels of government and business and outperform the rest of the world, if it is to achieve any competitive advantage, going forward,” stated Jude E. Uba, Economic Technologies’ chairman and CEO. “Incompetent and unintelligent leadership undermines national interest and utterly destroys well-heeled aspirations.”
In the report, Uba noted that “in the face of escalating global scramble for supremacy over increasingly scarce resources, no African nation can afford the danger lines associated with inferior leadership, not even an average one, since the continent is far behind in the race.” To meet rapidly growing demands for social services, infrastructure development and employment opportunities, African economies must grow at real rates of 8 to 10% annually, discounting foreign financial assistance, over at least two decades, if any meaningful economic stability is to prevail, and to do so requires the strength and vision of truly committed and brilliant leadership at both local and national levels. Uba, particularly, singled out Morocco, Nigeria, Ghana, South Africa, Tanzania, Egypt, Algeria, Tunisia and Kenya as nations, who must quickly, and rapidly, triple their brilliant leadership volume, attitudes, education, expectation, reach, drive for superior outcomes and concern for the rule of law, as standing examples of success in the continent and for global perspectives. “Economic Technologies, as we deploy our powerful economic growth breakthrough, worldwide, we are ardently committed to help countries in the continent achieve the most impressive and audacious leadership goals, ever,” Uba stated. “For most African nations, a 6% annual economic growth is no longer sufficient for the current competitive environments and for long-term strategic considerations.”
About Economic Technologies, Inc.
Economic Technologies, Inc. is an advanced economic science and technology company, whose businesses include advanced economic systems, global healthcare, infrastructure solutions and economic intelligence+logistics.
Economic Technologies, Inc. builds, integrates and manages the economic intelligence, economic operating systems, critical backbone infrastructures and synthesized common platforms that make economies work, enabling nations to, rapidly, achieve massive and sustained economic growth. The company is leading an ambitious worldwide effort, to build the world’s largest and most comprehensive market distribution infrastructures and services, through the bundling of breakthrough economic growth technologies and applications, implementation logistics management, critical financial infrastructures (CFI), advanced global healthcare access and massive data distribution and delivery platforms. The Company’s proprietary economic science breakthrough, Dimax/EXCAP, the product of a 15-year intensive R&D, the first-of-its-kind, is changing how an estimated 4.5 billion people, worldwide, work and live.
Fulana, Economic Technologies’ healthcare subsidiary, is committed to build, operate and manage 5300 high-tech, globally-interconnected network of health centers in 150 countries.
# # #