West African Monetary Agency
NGO / International Agencies
The West African Monetary Agency (WAMA) was established in 1996 as an autonomous monetary institute of ECOWAS, funded and managed by member of Central Banks to lead this process of the realization of the single currency in ECOWAS.
WAMA is headquartered in Freetown, Sierra Leone. The member central banks are: Central Bank of West African States {(BCEAO), the common central bank for Benin, Burkina Faso, Cote d’lvoire, Guinea Bissau, Mali, Niger, Senegal and Togo}, Bank of Cape Verde, Central Bank of the Gambia; Bank of Ghana, Central Bank of the Republic of Guinea, Central Bank of Liberia, Central Bank of Nigeria and Bank of Sierra Leone.
WAMA is supervised by the Committee of Governors of Central Banks of the member states who serve as the Governing Board. The Committee of Governors is assisted by a Technical Committee drawn from member central banks. However on policy issues, the Committee of Governors reports to the Converge, Council of Finance Ministers and Central Bank Governors, who reports to the Council of Ministers answerable to the Authority of Heads of State and Government
WAMA is headquartered in Freetown, Sierra Leone. The member central banks are: Central Bank of West African States {(BCEAO), the common central bank for Benin, Burkina Faso, Cote d’lvoire, Guinea Bissau, Mali, Niger, Senegal and Togo}, Bank of Cape Verde, Central Bank of the Gambia; Bank of Ghana, Central Bank of the Republic of Guinea, Central Bank of Liberia, Central Bank of Nigeria and Bank of Sierra Leone.
WAMA is supervised by the Committee of Governors of Central Banks of the member states who serve as the Governing Board. The Committee of Governors is assisted by a Technical Committee drawn from member central banks. However on policy issues, the Committee of Governors reports to the Converge, Council of Finance Ministers and Central Bank Governors, who reports to the Council of Ministers answerable to the Authority of Heads of State and Government