West African Bankers' Association of each participating countries financed the association. The WABA serves as an intermediary between banks and the sub-regional committee of the central banks. The association is located in Freetown, Sierra Leone. West African Bankers' Association The West African Bankers' Association (WABA; ) is a professional association of banking and financial services and institutions in West Africa. It has its headquarters and offices in Benin, Burkina Faso, Cape Verde, Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, and Togo. The WABA was created in August 10, 1981 with the main purpose of supporting and developing the
Science and technology in Benin Benin would reduce its reliance on fluctuating global market prices for commodities and create jobs for its rapidly growing population (2.64% per year in 2014). According to the World Bank, 'despite moderate GDP growth of between 4% and 5% annually over the past two decades, poverty remains widespread and on the rise in Benin, with national poverty rates of 37.5% in 2006, 35.2% in 2009, 36.2% in 2011 and 40.1% in 2015'.Benin is a member of the Economic Community of West African States (ECOWAS). In 2014, Benin ranked 18th on the Ibrahim Index of African Governance. In 2011, 57% of