Regulators of securities market in the West African region are billed to meet in Ghana from Monday next week in Accra, Ghana, to chart ways forward in their regulatory roles in the face of emerging trends in global investment order.
The regulators, under the aegis of West Africa Securities Regulators Association (WASRA), will, during their three-day meeting, discuss issues relating to the development of the sub-regional investment markets with the theme ‘Deepening and Strengthening the Capital Markets across West Africa Though Effective Regulation’.
A statement issued by the Director General of the Securities and Exchange Commission (SEC) Nigeria, Mr. Lamido Yuguda, who is also the Chairman of WASRA, indicated that biennial West Africa Capital Market Conference (WACMaC) will bring together experts, top government officials, captains of industry, international organisations and other key stakeholders to discuss issues of regional concerns and seek ways to further drive regional integration through the capital market.
Yuguda stated: “WACMaC provides a veritable platform for networking as over 300 participants would gather to reflect on issues affecting regional integration and proffer practical solutions to address such issues while also solutions around where our strategic efforts should be focused in the coming years,
“As a region, we have advanced we have advanced by bringing together focused initiatives intended to engender trust and confidence as we consistently aim for deeper and more resilient capital market”, he added.
The WaCMaC is a biennial event that seeks to present the West African region and indeed Africa as a whole the opportunity to address important issues related to the orderly growth and development of the regional and continental capital market.
Since it took off, the conference which is jointly organised by WASRA, the Economic Community of West African States (ECOWAS), the West African Capital Market Integration Council (WACMIC), and the West African Monetary Institute (WAMI) has become the foremost and revered gathering in the capital market of West Africa and Africa.
Its objectives are to promote the economic integration through the capital market in West Africa; bring innovative solutions to reduce the gap between capital markets and the financial needs of the economy in the region; and increase awareness and capacity building around the benefits of regional integration for each stakeholder; amongst others.
