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The West African Insurance Institute (WAII), an Institution with full diplomatic status, was established in 1978 by the Governments of the Anglophone West African nations of Nigeria, Ghana, Sierra Leone, Liberia and The Gambia and the United Nations Conference on Trade and Development (UNCTAD), to train insurance personnel in the sub-region through the Full-Time residential One Year Diploma in Insurance Program which is run from February to December annually.

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