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
History of Liberia the country, who constitute the majority of the population. Years of civil war have disrupted the country and its economy. Historians believe that many of the indigenous peoples of Liberia migrated there from the north and east between the 12th and 16th centuries AD. Portuguese explorers established contacts with people of the land later known as "Liberia" as early as 1462. They named the area "Costa da Pimentia" (Pepper Coast), or Grain Coast, because of the abundance of melegueta pepper, which became desired in European cooking. In 1602 the Dutch established a trading post at Grand Cape Mount but destroyed