The West African Institute for Financial and Economic Management (WAIFEM) has over the years trained over 14,000 senior policy makers from Central Banks in the sub-region, according to its Director-General, Prof. Akpan Ekpo.
The private Vanguard newspaper Monday reported that officials from relevant ministries, agencies and departments from the sub-region have also benefited from WAIFEM training.
“Our capacity building is strategic for economic growth and development within and outside the sub-region. For instance, WAIFEM has trained over 14,000 senior policy makers from Central Banks in the sub-region, ministries of Finance, Planning, Budget office and relevant public institutions involved in economic management,” the WAIFEM boss was quoted as saying.
Situated on the outskirts of Nigeria’s commercial city of Lagos, WAIFEM was set up on 22 July, 1996 by the Central Banks of five Anglophone West African countries – Gambia, Ghana, Liberia, Nigeria and Sierra Leone.
Apart from training high level financial personnel within the sub-region, people often come from South Africa, Malawi and Latin American countries for training at the institute.
The institute has also trained parliamentarians, members of civil society organisations (CSOs) as well as journalists in both electronic and print media in the sub-region.
According to its 5-year (2015-2019) strategic plan recently approved by the board, WAIFEM will soon start offering Diploma and Certificate Courses.
“The programmes will be opened to all qualified persons within the region and outside Africa. WAIFEM will issue Diploma in collaboration with United Nations Institute for Technology and Research (UNITAR).
“It will interest you to know that all our independent and International assessors engaged by donors and Board of Governors had rated WAIFEM as a centre of excellence in training and capacity building,” Prof. Ekpo said.