Abidjan: Morocco participates in the international symposium on WAMU regional financial market

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A high-level Moroccan delegation participated, Thursday in Abidjan, in an international symposium under the theme “The regional financial market of the West African Monetary Union (WAMU), 25 years later…” and organized under the high patronage of Nigerian President Mohamed Bazoum and his Ivorian counterpart, Alassane Ouattara.

The Moroccan delegation is led by the President of the Moroccan Capital Market Authority (AMMC), Mrs. Nezha Hayat.

The objective of this conference is to draw up the prospects for the development of the market and its evolution in order to contribute to the financing of the Union’s economies.

The Chairman of the West African Monetary Union Financial Market Authority (WAMU-FMA), Badanam Patoki, presented its achievements during its 25 years in existence, in terms of the gradual financial empowerment of the Authority and the establishment of the regulatory framework of the Third Compartment dedicated to companies.

Mr. Patoki also highlighted the challenges of making the regional financial market an innovative and attractive financial center for better financing of the Union’s economies, referring to the new technologies that offer opportunities for socio-economic development and financial inclusion.

Jihan Rmili

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