The Securities and Exchange Commission, SEC, will host the 3rd biennial West Africa Capital Market Conference (WACMaC) in Lagos.
This was confirmed by the Director General of the SEC, Mr Lamido Yuguda who said the 2023 conference will be held at Eko Hotel & Suites from October 25 to 26, 2023, with the theme: Infrastructural Deficit and Sustainable Financing in an Integrated West Africa Capital Market.
Experts across private and public sectors will speak on how to tackle infrastructure deficit in the West African sub-region as well as imperatives for sustainable finance, in a bid to promote regional economic development.
Yuguda, who is also Chairman of the West Africa Securities Regulators Association (WASRA), said the conference is jointly hosted by WASRA, the Economic Community of West African States (ECOWAS), the West Africa Capital Market Integration Council (WACMIC), and the West African Monetary Institute (WAMI).
According to him, over 300 stakeholders will convene in Lagos to engage in meaningful discussions, share insights, and forge partnerships that will help shape the future of the regional capital markets.
He further stated that the organisers have brought together experts, regulators, policymakers, and industry leaders who will share their knowledge, experiences, and strategies to proffer solutions to the region’s infrastructure deficit.
Yuguda added that the deficit posed a significant challenge to the region’s sustainable development adding that to address this gap, there is a growing need to adopt innovative financing mechanisms, and sustainable financing options to mobilize the desired funds to meet the region’s critical infrastructure needs, foster economic growth, and achieve sustainable development goals.