The Inter-African Institute for Training in Insurance and Business Management (IFAGE [4]), a private Senegalese school, and the West African Insurance Institute (WAII), an inter-state school based in Gambia, have entered into a partnership. This collaboration will see the launch of Africa's first bilingual (English and French) Master's degree in Actuarial Sciences in January 2024.
This public-private partnership will allow African students to continue their training in Dakar and sit for the international examinations of the Society of Actuaries (USA) and the Institute and Faculties of Actuaries (UK).
The official agreement between the two institutions is scheduled to be signed on 25 September 2023 at the Novotel Hotel in Dakar, Senegal.
Created in 1978, WAII brings together five English-speaking countries of the Economic Community of West African States (ECOWAS): Nigeria, Ghana, Sierra Leone, Liberia and Gambia, as well as the United Nations Conference on Trade and Development (UNCTAD).