West African Monetary Institute

West African Monetary Institute The Institute is to undertake technical preparations for the establishment of a common West African Central Bank and the launching of a single currency.

The Institute is to undertake technical preparations for the establishment of a common West African Central Bank and the launching of a single currency for the West African Monetary Zone (WAMZ/Zone)

WAMI's DG Attends the Launch of the Sustainable Finance Roadmap for Ghana's Financial SectorOur Director-General attende...
01/07/2026

WAMI's DG Attends the Launch of the Sustainable Finance Roadmap for Ghana's Financial Sector

Our Director-General attended the launch of the Sustainable Finance Roadmap for Ghana's Financial Sector, organized by the Bank of Ghana.

The roadmap aims to integrate Environmental, Social and Governance (ESG) principles into Ghana's financial sector, strengthen climate risk management, and promote sustainable financing to support the country's long-term economic growth.

The event brought together key stakeholders from the financial sector, reinforcing a shared commitment to building a resilient, inclusive, and sustainable financial ecosystem.

WAMI Continues Capacity Building on Upgraded DEPO/X System in GuineaThe West African Monetary Institute (WAMI), under th...
18/06/2026

WAMI Continues Capacity Building on Upgraded DEPO/X System in Guinea

The West African Monetary Institute (WAMI), under the AfDB-funded Development of Domestic Debt Markets in the WAMZ – Phase I Project, is conducting a Technical and Functional Capacity Building Programme on the upgraded DEPO/X System at the Banque Centrale de la République de Guinée (BCRG) in Conakry.

The programme brings together financial market professionals, IT specialists, and commercial bank representatives to enhance their capacity in the use and administration of the upgraded Central Securities Depository platform. Participants are receiving practical training on securities issuance, settlement processes, reporting, system administration, and troubleshooting.

As part of the programme, a WAMI delegation led by the Director of Financial Integration and Project Director, Mr. Gassim Komara, paid a courtesy visit to the Governor of BCRG to reaffirm the strong partnership between WAMI and Guinea in advancing domestic debt market development and regional financial integration.

The training is expected to strengthen Guinea’s capacity in government securities management and improve the efficiency, transparency, and resilience of domestic debt market operations. Following the Guinea session, the final phase of the regional programme will be held in The Gambia.

Full details: https://wami-imao.org/en/article/06-18-2026/technical-and-functional-training-upgraded-depox-system-continues-guinea?language_content_entity=en

WAMI has successfully completed a Technical and Functional Capacity Building Programme on the upgraded DEPO/X Central Se...
04/06/2026

WAMI has successfully completed a Technical and Functional Capacity Building Programme on the upgraded DEPO/X Central Securities Depository (CSD) system at the Central Bank of Liberia from 18–29 May 2026 under the AfDB-funded Development of Domestic Debt Markets in the WAMZ – Phase I Project.

The programme enhanced the technical and operational capabilities of staff of the Central Bank of Liberia, commercial banks, and other market stakeholders in the effective use of the upgraded DEPO/X platform.

During the mission, WAMI also engaged with the Management of the Central Bank of Liberia to discuss future initiatives, including the proposed Phase II of the Project, which aims to further strengthen domestic debt market infrastructure and support greater financial market integration within the WAMZ region.

WAMI successfully conducted a Technical and Functional Capacity Building Programme on the upgraded DEPO/X Central Securi...
04/06/2026

WAMI successfully conducted a Technical and Functional Capacity Building Programme on the upgraded DEPO/X Central Securities Depository (CSD) system at the Bank of Sierra Leone from 4–15 May 2026 under the AfDB-funded Development of Domestic Debt Markets in the WAMZ – Phase I Project.

The training brought together staff of the Bank of Sierra Leone, commercial banks, and other key stakeholders to strengthen their technical and operational capacity in the use of the upgraded DEPO/X platform for government securities issuance, settlement, and reporting.

The programme forms part of WAMI’s commitment to strengthening domestic debt market infrastructure and advancing financial market integration across the West African Monetary Zone (WAMZ).

📢 New WAMI Publications Now Available!The West African Monetary Institute (WAMI) is pleased to announce the release of i...
26/01/2026

📢 New WAMI Publications Now Available!

The West African Monetary Institute (WAMI) is pleased to announce the release of its 2024 Annual Report and new editions of the WAMI Occasional Paper Series, covering key economic and policy issues within the West African Monetary Zone (WAMZ).

📘 Featured publications include:
• 2024 Annual Report of the West African Monetary Institute
• Occasional Paper No. 36 – Exchange Rate Pass-Through to Inflation in the WAMZ
• Occasional Paper No. 37 – Fiscal Deficit and Inflation Dynamics in the WAMZ
• Occasional Paper No. 38 – Infrastructure Development and Intra-Regional Trade
• Occasional Paper No. 39 – Climate Change and the Real Sector in the WAMZ

These publications offer valuable insights for policymakers, researchers, and the general public.

🔗 Read and download via the WAMI website:
👉 Occasional Papers: https://wami-imao.org/en/publications/occasional-papers

👉 Annual Reports: https://wami-imao.org/en/publications/reports/annual-reports

16/01/2026

The West African Monetary Institute (WAMI), in partnership with the Government of the Republic of Liberia, will host the 2025 End-Year Statutory Meetings of the West African Monetary Zone (WAMZ) from 4–13 February 2026 in Monrovia.

The meetings will bring together policymakers and stakeholders for the:
✔️ 58th Technical Committee Meeting
✔️ 52nd Committee of Governors Meeting
✔️ 55th Convergence Council Meeting

Discussions will cover critical issues such as macroeconomic performance, regional convergence, development financing, capital markets integration, payments systems development, and the legal foundations of the ECOWAS Monetary Union. Reports from supervisory bodies across banking, insurance, and non-bank financial institutions will also be reviewed.

The programme will run alongside sessions of WAIFEM (4 February 2026) and joint ECOWAS–WAMA meetings (9–13 February 2026).

Stay connected for updates as WAMI continues to advance regional monetary integration and financial stability across the WAMZ.

WAMI Strengthens Regional Integration with French Language TrainingWAMI recently hosted a one-week in-person French lang...
14/11/2025

WAMI Strengthens Regional Integration with French Language Training

WAMI recently hosted a one-week in-person French language class at its Accra office from 10th to 14th November, delivered by Channelle Française.

This training forms part of our efforts to enhance staff capacity, strengthen collaboration with French-speaking member states, and support regional monetary and financial integration within the WAMZ.

Participants gained practical communication skills that will improve cross-border engagement and overall institutional effectiveness.

WAMI remains committed to continuous learning, professional development, and building a multilingual workforce that reflects the diversity of our region.

COURTESY VISIT OF THE HON. IBRAHIM L. STEVENS, GOVERNOR OF THE BANK OF SIERRA LEONE AND CHAIRMAN, COMMITTEE OF GOVERNORS...
13/11/2025

COURTESY VISIT OF THE HON. IBRAHIM L. STEVENS, GOVERNOR OF THE BANK OF SIERRA LEONE AND CHAIRMAN, COMMITTEE OF GOVERNORS OF THE WEST AFRICAN MONETARY ZONE TO THE WEST AFRICAN MONETARY INSTITUTE (WAMI)

The management and staff of the West African Monetary Institute (WAMI) had the honour of hosting Hon. Ibrahim L. Stevens, Governor of the Bank of Sierra Leone and Chairman of the Committee of Governors of the West African Monetary Zone (WAMZ), on Wednesday, 12 November 2025, at the Institute's premises in Accra, Ghana.
The visit provided an opportunity for the Management and Staff of the Institute to interact with the Governor, and engaged in discussions on the progress of roadmap activities for the single currency project, including developments in macroeconomic convergence within the region, regional payment systems, and digital transformation initiatives aimed at strengthening financial and monetary integration across the sub-region.
For more: https://wami-imao.org/en/article/11-13-2025/courtesy-visit-hon-ibrahim-l-stevens-governor-bank-sierra-leone-and-chairman?language_content_entity=en

03/11/2025

Strengthening Financial Stability in the WAMZ: WAMI Hosts Second In-Person Meeting of the Committee of Experts on Crisis Management and Resolution

The West African Monetary Institute (WAMI) successfully convened the second in-person meeting of the Committee of Experts on the Development of a Model Crisis Management and Resolution Framework for the WAMZ, held in Aburi, Ghana, from October 27–31, 2025.

The meeting brought together senior representatives from the Central Banks and Deposit Insurance Schemes of WAMZ member states to advance work on a harmonized framework that strengthens the resilience of banks across the region.

In his opening remarks delivered on his behalf, Mr. Abdulsalam Sikiru Abidemi, Director General of WAMI, emphasized the importance of regional collaboration in building a robust financial system. Mr. Gassim Komara, Director of the Financial Integration Department, reiterated WAMI’s commitment to supporting the Committee’s mandate.

The experts finalized key aspects of the framework and agreed to continue work on resolution tools and funding mechanisms in early 2026 — a crucial step toward promoting financial stability and integration in the WAMZ.

REQUEST FOR EXPRESSIONS OF INTEREST (CONSULTING SERVICE-FIRMS)CONSULTANCY SERVICES FOR THE TECHNICAL AND FUNCTIONAL CAPA...
12/08/2025

REQUEST FOR EXPRESSIONS OF INTEREST (CONSULTING SERVICE-FIRMS)
CONSULTANCY SERVICES FOR THE TECHNICAL AND FUNCTIONAL CAPACITY BUILDING PROGRAMME UNDER THE DEVELOPMENT OF THE DEBT MARKET IN THE WEST AFRICAN MONETARY ZONE (WAMZ)-PHASE 1 PROJECT

For more details:

RECRUITMENT OF A CONSULTING FIRM FOR THE TECHNICAL AND FUNCTIONAL CAPACITY BUILDING ON SECURITIES SETTLEMENT (DEPO/X) SYSTEM-IT INFRASTRUCTURE FOR THE DOMESTIC DEBT MARKET Other Publications 12, Aug 2025

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Tetteh Quarshie Interchange, Gulf House
Accra

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Monday 08:00 - 17:00
Tuesday 08:00 - 17:00
Wednesday 08:00 - 17:00
Thursday 08:00 - 17:00
Friday 08:00 - 17:00

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+233302743801

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