AfDB, WAMI Advocate Capital Markets Integration To Boost Cross Border Investment

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The African Development Bank(AfDB) and West African Monetary Institute (WAMI), have called for capital markets integration to boost cross border investment in

The project is funded by the African Development Bank and implemented by the West African Monetary Institute while Lead anchors are the West African Capital Markets Integration Council , a platform for chief executive officers of the Securities Exchanges and Central Securities Depositories in West Africa, and the West African Securities Regulators Association , comprised of directors-general of the Securities & Exchange Commissions in the region.

The programme is expected to sensitise relevant stakeholders on efforts at enhancing cross-border investments across the region through the establishment of a common and integrated platform for the listing, trading, and settlement of securities transactions within West Africa. The key objectives of the programme include: Enhancing awareness of the WACMI Phase II Project and its significance for the region’s capital market ecosystem: Facilitating knowledge exchange on regulatory frameworks, market structures, and operational aspects to support integration efforts and Discussing challenges and identifying solutions to strengthen cross-border investment and trading activities.

Speakers at the event will include; director-general WAMI, Dr. Olorunsole Olowofeso; director-general Securities and Exchange Commission , Mr. Lamido Yuguda; CEO, Nigerian Exchange Mr. Temi Popoola; Deputy Governor Economic Policy Directorate, Central Bank of Nigeria Dr. Kingsley Obiora; and the Project manager, WACMI Phase II Project, Dr. Abdulrasheed Zubair.

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