West African Securities Regulators Chart Course for Market Integration in Abuja

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LEFT TO RIGHT: Front Row: Company Secretary Securities and Exchange Commission Ghana, Dorothy Yeboah-Asiamah, Director General SEC Ghana, Dr. Avedzi Klutse James, Director General Securities and Exchange Commission Nigeria Dr. Emomotimi Agama and President AMF-UMOA Cote Ivoire Badanam Patoki, Executive Commissioner Operations SEC Nigeria Mr. Ajomale and Executive Commissioner Corporate Services SEC Nigeria, Mrs. Samiya Usman during the West African Securities Regulators Association Technical and Executive Council Meeting in Abuja

 

.The drive toward a stronger and more integrated capital market in West Africa gained momentum this week as the West African Securities Regulators Association (WASRA) held its Technical and Executive Council Meeting in Abuja.

The high-level meeting, hosted by the Securities and Exchange Commission (SEC) Nigeria, brought together key regulators from across the sub-region. Leading the Nigerian delegation was SEC Director General, Dr. Emomotimi Agama, supported by Executive Commissioner of Operations, Mr. Ajomale, and Executive Commissioner of Corporate Services, Mrs. Samiya Usman.

From Ghana, SEC Director General, Dr. Avedzi Klutse James, and Company Secretary, Dorothy Yeboah-Asiamah, joined the deliberations, while Côte d’Ivoire was represented by the President of AMF-UMOA, Mr. Badanam Patoki.LEFT TO RIGHT: Director General Securities and Exchange Commission Ghana, Dr. Avedzi Klutse James, Director General Securities and Exchange Commission Nigeria Dr. Emomotimi Agama and President Mr. Badanam Patoki AMF-UMOA Cote Ivoire during the West African Securities Regulators Association Technical and Executive Council Meeting in Abuja.

The Abuja session focused on strengthening regulatory cooperation, harmonizing market frameworks, and creating a unified platform to boost investor confidence and cross-border investments within the sub-region.

Background
WASRA was established to promote collaboration among West African capital market regulators, with the aim of driving integration and deepening financial markets across the Economic Community of West African States (ECOWAS). Over the years, the association has worked on key initiatives, including standardized disclosure requirements, regional frameworks for collective investment schemes, and improved investor protection policies.

Looking Ahead
With Africa’s expanding youthful population and rising intra-African trade, regulators at the Abuja meeting stressed that deeper integration is no longer optional but essential for mobilizing funds to support economic growth and infrastructure development.

Stakeholders say the outcomes of the meeting will shape next steps in cross-border listings, capital flows, and joint market supervision across the region.

 

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