RESILIENCE : THE METAPHOR.
The eagle is the only animal capable of flying above 3,000 feet. It fixes on its prey and pounces precisely. Yet, when a storm is coming, all other birds seek shelter. The eagle alone avoids the storm by soaring above it. But this big bird cannot fly with one wing.
Our team, "TASK FORCE EAGLE" (TFE), is our think tank, built by outstanding individuals equipped with a robust background and proven experience in money and banking. TFE attacks the problem at its roots: the lack of funding to create jobs.
Respect yourself enough to walk away from anything that no longer serves you, grows you, or makes you happy. (Unknown.)
TFE pledges an intangible asset that stands far beyond measurable figures. And we go much further because we do not see only with our eyes. We dive into this proposal wholeheartedly. Yet we do not lose sight of who we are and what we believe.
We graduated from business schools in Europe and America with an average accumulated international work experience of twenty years in banks and financial institutions. Therefore, human resources are our first cornerstone and our most valuable asset.
TFE EMBODIES' MAIN DUTIES:
• Developing short-term, midterm, and long-term strategies,
• Preparing the required documents for the registration of the bank,
• initiating all the internal documents for the operations, including the logistics for technology and information, and beyond.
Our ambition is to contribute by revisiting the international aid cooperation mechanisms and their related development schemes. Because we understand poverty, development, and its linkages with finance, we are epitomizing and demystifying "aid" by launching a cooperative bank for development designed to work mainly with women in agribusiness, integrating the informal sector, and adding value to the banking industry.
at the Champs Elysees with one of President Nicolas Sarkozy's Executive Directors.
NO, WE ARE NOT.
• We are not a microfinance entity.
• We are not involved in venture capital (VC), i.e., a private equity firm that provides funds to startups that have been deemed to have high growth potential or that have demonstrated high growth. VC companies invest in exchange for equity, or an ownership stake.
• We are not an ETF (exchange-traded fund), which replicates the performance of an index.Such indexes may be based on stocks, bonds, commodities, or currencies. ETFs are, in many ways, similar to mutual funds.
WHAT WE DO
We would rather focus on innovating in the agribusiness sector in compliance with global banking standards. Currently, we are in the process of raising funds in both the private and public sectors from accredited and non-accredited investors. Subscriptions, grants, and contributions should be deposited directly into our bank account.
THE PERSPECTIVE: SPREZZATURA
"Sprezzatura," keeping things simple.
TFE articulates its holistic mission in three main areas:
• Earlier identification of risks and mitigation We comply with international law and the rule of law on slush funds, toxic transactions related to bad practices, gambling, bribery, insider trading, and Ponzi schemes, including the Dodd-Frank Act of 2010.
• Human resources is our core weapon against competitors. We invest in know-how, creativity, and innovation.
• Artificial intelligence and information technology for the management and optimum dissemination of information This ultimate pillar represents forty percent of our budget.
icture 1: At Ede (Amsterdam), Bernard meets with the Dutch Ambassador in the DRC. Bernard was invited by the Dutch Ministry of Foreign Affairs. Picture 2: Bernard Nyembo with the General Consul of Switzerland in San Francisco, Calif.
BENCHMARK
"We are benchmark aware, not benchmark driven."
Among other things, such a new approach requires:
1. More flexibility in granting and allocating funding
2. Face-to-face meetings with recipients from less-developed countries (LDCs) should be promoted.
3. Supporting changes to stop the degradation of millions of victims of unethical practices in PPPs and international treaties,
4. Working with the Diaspora and women, being aware of systemic risks (and Ponzi schemes),
5. Reinforcing pronouncement and arbitration procedures for equal treatment,
6. Fighting protectionism,
7. Review and banish the word "aid" from the dictionary of philanthropists and replace it with "participation" or "ethical investment."
8. And there are many other issues.
Permanent poverty is a big danger.
No country builds up its social well-being by banking on international aid, non-governmental organizations (NGOs), or churches. It is the private sector that should create sustainable and promotional jobs.
• Today in the DRC, almost all big businesses are in the hands of foreigners (i.e., subsidiaries, agencies, representation, liaison offices), and no jobs are created by nationals.
• As of May 2014 (and until 2020), all 27 registered banks in the DRC are owned by foreigners.
We are accountable for such situations. However, we can change it now!
