Douala Stock Exchange

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Douala Stock Exchange
Industry Finance
Founded 2001
Headquarters Douala
Key people
Mr Pierre Ekoulé Mouangue Directeur Général
Products Stock trading services
Website http://www.douala-stock-exchange.com/

The Douala Stock Exchange (DSX in abbreviation) is the official market for securities in Cameroon. It is located in Douala.

History[edit]

The origin of the market in Douala began in a project sponsored by CEMAC having to do with creating stock exchanges in Gabon and Cameroon. CEMAC is the abbreviation for Economic and Monetary Community of Central Africa.

The Douala Stock Exchange was created in December 2001. The first listing was Société des Eaux Minérales du Cameroun (SEMC), a subsidiary of the French company Castel Group.

DSX is owned by APECCAM, (the Credit Association of Cameroon); by Cameroonian corporate interests; and by the government. It is similarly governed:

Administration Board:

  • APECCAM  : 7 seats
  • Corporate : 2 seats
  • Government : 1 seat
  • Other : 1 seat

Until 2006, its sole listing was (SEMC). Now it also includes Société Africaine Forestière et Agricole du Cameroun (SAFACAM) and SOCAPALM.[1]

See also[edit]

References[edit]

External links[edit]

The Gambian Banker