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WAPP SIGNS CONTRACT WITH BANQUE ATLANTIQUE TO ESTABLISH THE CLEARING BANK FOR THE REGIONAL ELECTRICITY MARKET
['Daniel Inaju - Challydoff Limited']
Economic Community of West African States (ECOWAS)
Abomey-Calavi, 13 July 2026 – The West African Power Pool (WAPP) and Banque Atlantique have signed a contract for the provision of clearing-house services as part of the operationalisation of the West African Regional Electricity Market.
Selected following a competitive tender process conducted by WAPP in accordance with the applicable procedures, Banque Atlantique will provide clearing-house services for the Regional Electricity Market.
It will also help reduce payment-related risks and further build confidence among stakeholders in the regional electricity sector.
It follows the adoption of the main regulatory and operational instruments of the market, including the Regional Electricity Market Rules and Procedures, regional transmission tariff mechanisms, and transaction settlement procedures.
Through this partnership, WAPP reaffirms its commitment to advancing the integration of national power systems and promoting a unified, transparent and competitive regional electricity market that supports sustainable, reliable and affordable access to electricity for the people of West Africa.