About WACMIC
On January 18, 2013 the West African Capital Markets Integration Council (WACMIC) was inaugurated as the governing body for the integration of West African capital markets. The over-arching objective of the Council is to establish a harmonized regulatory environment for the issuance and trading of financial securities across the region, as well as to develop a common platform for cross-border listing and trading of such securities in the sub-region.
WACMIC comprises the Director Generals of the region’s securities commissions and the Chief Executive Officers of the securities exchanges. WACMIC is tasked with designing the policy framework and managing the implementation of the process that will facilitate the creation of an integrated capital market in West Africa. Specifically, the Council is to:
- Supervise the capital market integration programs
- Set up standards and validate all works done by the technical committees
- Coordinate relevant stakeholders, such as ECOWAS, WAMI and WAEMU
- Monitor and assess the state of preparedness of the member States in the integration process
- Source funds and other resources for the implementation of capital market integration
- Monitor standards and compliance post-integration
Current Council Members
| Name | Designation |
| Dr. Edoh Kossi Amenounve | Chairman (CEO, Bourse Régionale des Valeurs Mobilières) |
| Dr. Adu Anane Antwi | Vice Chairman (DG, Securities and Exchange Commission, Ghana) |
| Mr. Mounir Gwarzo | Member (DG, Securities and Exchange Commission, Nigeria) |
| Mr. Mory Soumahoro | Member (SG, CREPMF, Cote d’Ivoire) |
| Mr. Oscar Onyema OON | Member (CEO, The Nigerian Stock Exchange) |
| Mr. Manuel Joachim Lima | Member (CEO, Bolsa De Valores Cabo Verde |
| Mrs. Maria Encarnacao Alves Rocha | Member (Auditora Gerel do Mercado de Valores Mobiliarios) |
| Chief Executive Officer | Member (Sierra Leone Stock Exchange) |
| Governor | Member (Central Bank, Sierra Leone) |
| Mr. Karim Hajji | Associate Member (CEO, Casablanca Stock Exchange) |
Download WACMIC e-Brochure
| Filename | Filesize | Download |
|---|---|---|
| WACMIC e-Brochure | 4.5 MB | Download |
For more information regarding the WACMI integration process, please contact the WACMI Secretariat at [email protected], [email protected], [email protected], [email protected]