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​WEST AFRICAN CAPITAL MARKET INTEGRATION​​​​

​Facilitating the creation of an integrated capital market
WACMI is the West Afri​can Capital Market Integration program.  The program has linkages to the West African Monetary Institute (WAMI), which was established in 2001 by the Heads of State in the West African Monetary Zone (WAMZ), comprising the West Afri​can nations of Gambia, Ghana, Guinea, Nigeria and Sierra Leone.​​ Rea​d more​​

WACMI INTEGRATION ROADMAP
​​The implementation of WACMI will occur in three (3) phases:
Phase 1 - Trading among WACMI members via sponsored access is to commence in Q1 2014. (Physical phase) Learnings from this phase will inform the next p​hase.
Phase 2 - Introduce ‘membership’ privileges, e.g., electronic membership.  (Logical phase.)
Phase 3 - Full integration, i.e., all markets accessible by qualified West African brokers.  Read more

WACMIC NEWS/UPDATES​​
5th Ordinary Meeting of the West African Capital Markets Integration Council (WACMIC)
The West African Capital Markets Integration Council (WACMIC) held its​ meeting from March 5-6, 2015 at Transcorp Hilton Hotel, Abuja, Nigeria, to review the reports of the Technical Committees and to chart the way forward for the integration of Capital Markets in West Africa. The meeting was hosted by the Securities and Exchange ​Commission, Nigeria, and sponsored by the ECOWAS Commission. ​Click here for the Commu​nique​​ 

Launch of Phase 1​
Pursuant to the announcement by the West African Capital Markets Integration Council (WACMIC) of the launch of Phase 1 (Sponsored Access),  and  in order to facilitate a seamless integration process  across the  West African sub-region, Phase 1 has been structured into two  (2)  sub-phases. The first sub-phase is  Direct Market Access (DMA), leading to the second sub-phase, Sponsored Access (SA). Read more

4th Ordinary Meeting of the West African Capital Markets Integration Council (WACMIC)
The West African Capital Markets Integration Council (WACMIC) held its 4th meeting from March 31 to April 1, 2014 at Sofitel Hotel Ivoire, in Abidjan, Cote D’Ivoire to reiterate its commitment to the integration of capital markets in West Africa, and to finalize preparations for the commencement of Phase 1 of the integration initiative. Click here for the Commu​nique​.  See more news/updates

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​For more information on WACMI, please contact: WACMI Secretariat  –  jboakye@gse.com.gh | The Nigerian Stock Exchange  –  yemordi@nse.com.ng or oonuntuei@nse.com.ng


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