West African Bankers' Association 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 West African Clearing House (WACH). The organization has banking, securities, and auditing institutions, and individual members. The secretary general is Sega Balde, with Rev Ifeanyi IWANDE as president. The central banks
West Africa it between France and Britain following First World War due to the Treaty of Versailles. Only Liberia retained its independence, at the price of major territorial concessions. Following World War II, nationalist movements arose across West Africa. In 1957, Ghana, under Kwame Nkrumah, became the first sub-Saharan colony to achieve its independence, followed the next year by France's colonies (Guinea in 1958 under the leadership of President Ahmed Sekou Touré); by 1974, West Africa's nations were entirely autonomous. Since independence, many West African nations have been submerged under political instability, with notable civil wars in Nigeria, Sierra Leone, Liberia, and