Accra to host 1st West Africa Microfinance Confab

The African Centre for Peace Building (AFCOPB) and the Bank of Ghana (BoG) have signed a partnership agreement for the 1st West Africa Microfinance Conference in Accra, paving way for the 1st West Africa Microfinance Conference (WAMIC) 2013 from April 24-26, 2013.

The three day programme, which is under the theme ‘Empowering Africa for Economic Peace: the role of the Microfinance Sector’ includes conference, training workshops, industry presentation and exhibition.


Hundreds of participants (microfinance companies, policy maker, financial institution, scholars, civil society representatives, media, business professionals, state officials, development agencies etc.) from across the West Africa sub-region are expected to attend.


Mr. Korsi Senyo of FCOPB indicated that “the microfinance sector plays a significant role in the development of Africa’s economy through provision employment and other positive engagements, and access to credit facilities to the informal sector which constitutes the larger population in Africa’s economy but however been face with several challenges”.


The 2013 WAMIC seeks to address some of the challenges confronting the sector in the West Africa sub-region, as it is expected to equip participants with the requisite skills and provide them with relevant industry information in managing a microfinance business.

According to the Head of the Center for Training and Professional-Bank of Ghana Gloria Darline Quartey, the three-day event will lead to “ensuring jobs security as well as bringing some sanity into the sector while providing participants with a common platform for sharing ideas, resources and networking.”


“The mission of the AFCOPB as a Ghana based Non-governmental organization (NGO) is to build peace in Ghana and Africa through conflict prevention, youth development, peace education, promotion of human rights, health and poverty reduction.


AFCOPB also seeks to champion public awareness that would enable people to make peaceful and healthy decisions for themselves, their families, nations and the continent” he said.


“We therefore appeal to corporate bodies, the media, NGOs, civil society, development agencies, and individuals for sponsorship, donations and any other forms of support towards the realization of this dream” he said.