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Message from the Director General - Dr. Olorunsola E. Olowofeso

Dear Visitors

The West African Monetary Institute (WAMI) is pleased to welcome you to the refurbished website. The Authority of Heads of State and Government of five West African Member States established WAMI, an institution of the West African Monetary Zone (WAMZ) in 2001 with a mission to undertake technical preparations of establishing the West African Central Bank (WACB) and the introduction of a single currency.

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Establishment and Mission

Establishment and Mission

The West African Monetary Institute (WAMI/Institute) was set up in Accra, Ghana, in January 2001 and began operations in March 2001.

The Institute is to undertake technical preparations for the establishment of a common West African Central Bank and the launching of a single currency for the West African Monetary Zone (WAMZ/Zone). To minimize the effects of asymmetric shocks, a monetary union requires member countries to converge to certain quantitative and qualitative benchmarks.

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Our Member Countries

Sierra Leone

News & Events

The mandate of the Institute has been expanded over the years to include taking measures that will facilitate trade integration, financial sector integration, payments system development and statistical harmonization.

Our Recent Publications

Contact Us

Our Office

Tetteh-Quarshie Interchange
GA-289-4082, Accra-Ghana.

Our Mail

Our Phone

+233 (0)302 743801