The WAYC sources of finances are Annual Membership dues, contributions, or donations from member organizations, friendly organizations, government, institutions and subvention from Ecowas States Governments. It also carries out fund-raising activities. The secretariat accepts material and financial assistance provided they are not given on conditions contrary to the interest of WAYC.
West Africa youth council have long played a key role in promoting African development, especially during and since many of the liberation struggles. Student unions have contributed energy, skills, and vision to their continent. However, the African student movement has not yet had the opportunity for a full discussion of African issues, in the context of such major issues as access to education for all, African Renaissance, leadership and good governance, HIV/AIDS and malaria, and the new challenges of Global terrorism .
If West Africa must move forward and be successful, especially in the area of education, the involvement of student organizations, and many other sectors of civil society, is crucial. Although the Youth movement is always working to build a united front for the renewal of development and democracy throughout the continent, there remain many questions about how several policies of the ECOWAS will be operationalized, from both an economic and political point of view. Will the organs of civil society find space within the ECOWAS? Who will define democracy and good governance? How will long-term conflicts be solved? How will the external debts be addressed? Will public education suffer while private education expands? How will access to education be improved, at all levels? Will learning technologies and other technologies be made available? How would this affect the quality of education? Who will make up and benefit from partnerships for African development? How will Malaria, Tuberculosis, HIV/AIDS and other devastating diseases be addressed? Who will fund the initiatives required for West African development? All these questions and others still run through our mind