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"Enough is enough in Africa," Uba says, and Pushes the Formation of the Africa Trust Commission

Economic Technologies' Chairman & CEO, Jude E. Uba, today, in consultation with many leaders in Africa, announced the first phase leading to the formation of the seven-member Africa Trust and calls for membership recommendations.

Houston (PRWEB) November 4, 2006 -- Economic Technologies' Chairman & CEO, Jude E. Uba, today, in consultation with many leaders in Africa, announced the first phase leading to the formation of the seven-member Africa Trust and calls for membership recommendations.

Faced with Africa's dangerously deteriorating core infrastructure, such as power generation, roads, transportation and clean water supply, "what Africa truly needs is investments." The statement also noted that should we double the current real investment flows into the continent, on an annualized basis, over the next ten years, Africa's economic and trade positions will take a more dramatic turn to the upside. On the other hand, increase by ten multiples, the current non-investment inflows, such as charity, over the next ten years, Africa will sink deeper into the bottom rack of the scale, further eroding its current mere 2.3% of real global trade share and hasten productivity degradation. Clearly, there is no better historic opportunity point than now to look towards the continent, for wonderful investment opportunities, in the face of a hard working population and an ever-growing and unbent shifts by governments towards real reforms and anti-corruption initiatives. There are more investment safeguards today, including those by the Multilateral Investment Guarantee Agency, a World Bank agency, and by the governments themselves, designed to mitigate and insure against non-business losses, such as terrorism, profit inconvertibility and expropriations. According to Uba, Economic Technologies is determined to "do whatever that is necessary to hasten investment inflows and their success in the continent."

Africa is more than open for big business. And to help put energy and momentum to that, this company and many governments in the region welcome and cheer the activities of the Africa Trust commission, whose clear mission will be to aggressively highlight and convey the Business Africa message. But, more importantly, it will, assisted by a brilliant staff, orchestrate, development and push to reality numerous mega infrastructure and assets/value building projects in the continent, through the private and public sectors. And help governments develop, finance and bring to realization critical and large public infrastructure projects. The team will serve as Kitchen Cabinets (brilliant and trusted advisers) to many leaders, who under current environments do not get precision, clear, brilliant and this-is-what-it-is actionable advise. But first, the team must earn the trust of the leaders and their citizens through actions and rapid positive outcomes. Following the formation of the continent-wide Africa Trust will be the selection, formation and orientation of brilliant national Trusts, with the same urgent mission.

Election to the Trust is by invitation-only. However, third party recommendations are strongly encouraged and essentially important. The Trust will consist of men and women who see themselves as (and are) the best in the universe, and working together produce wonders for humanity. A critical requirement is the ability to accurately decipher global events before they happen (and while they are happening) and establish quick conclusions on their immediate and long-term outcomes and consequences in an actionable one-page format for political and business decision makers. These must be individuals driven by the urge to deliver big results, quickly, in the process change the world. Therefore, a background and a track record of brilliant confidence, inspiration, fearlessness and results are critical.

For more information on the Trust's membership criteria, qualification and mission please email us at: thetrust@economictechnologies.com. The full list of The Trust's composition will be made public in the second quarter of 2007, during receptions in three African capitals, and in London, Paris and Washington, D.C.

Uba, in a related statement, was full of compliments for Oprah Winfrey's continuing investments in education in Africa. "Any solid progression towards investments, rather than handouts in the continent, should be truly celebrated and strongly encouraged, for that Oprah has my, and that of Africa's, never-fainting applause," Uba stated.

More than just a company, Economic Technologies is building a global market movement. In addition to the company's efforts to deploy its economic science breakthrough, Dimax/EXCAP (the Fluid Fence economic growth tools), designed to help countries achieve massive economic and human energy successes, in more than 150 countries, Economic Technologies, recently, through its advanced healthcare component, Fulana, launched the world's largest healthcare venture, a massive and ground-breaking global health ambition, with a corporate commitment to build, operate and manage 5300 advanced, high-tech, globally interconnected networks of health centers and clinics in 150 countries, with on-site/no-border pharmacies and an advanced telemedicine capability, powered by our economic science breakthrough (Dimax/EXCAP) and driven by one core objective: to deploy and deliver, by far, the most advanced healthcare infrastructure and economic growth technologies to far-reaching and most remote corners of the globe. The market is abundant, and this firm is committed to lead it. Seven hundred and fifty (750) of these high-tech and revolutionary health centers, will be equipped and outfitted with the broadest vaccine development, diagnostic and treatment facilities, to engage in aggressive internal and contract HIV/AIDS, malaria, infectious diseases and human immunology R&D. To support this massive healthcare operation, the company, in partnership with university medical centers in 40 countries and with such great companies as GE, IBM and others is also bent on creating and managing the world's largest library of leading and innovative medicines, point-to-care procedures data hubs, research, immune support nutritional breakthroughs and telemedicine infrastructure and know-how, with blockbuster revolutionary and potent disease preventive and management programs.

About Economic Technologies, Inc.:
Economic Technologies is an advanced economic science and technology company, whose operational focus includes advanced economic systems, global healthcare, technologically advanced infrastructure solutions and economic intelligence+logistics. The company is leading an ambitious global effort, driven by innovative ideas and products, to help countries achieve massive and sustained economic growth, through the seamless convergence of breakthrough economic growth technologies and applications, advanced global healthcare access, brilliant infrastructure solutions and massive data distribution/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.

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JENNIFER SIMPSON
Economic Technologies, Inc.
713-981-8910
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