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) was the official market for securities in Cameroon, located in Douala. In 2019 it was absorbed by the Central African Securities Exchange (French: Bourse des valeurs mobilières de l'Afrique centrale, BVMAC) which on that occasion relocated from Libreville to Douala.[1]
History
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 was owned by Association professionnelle des établissements de crédit du Cameroun (APECCAM), (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, the sole listing was SEMC. Later it also included Société Africaine Forestière et Agricole du Cameroun (SAFACAM) and SOCAPALM .[2]
See also
- Economy of Cameroon
- Central African Financial Market Supervisory Commission
- List of African stock exchanges
References
External links
- Official website (in French)
- Articles with short description
- Short description is different from Wikidata
- Articles containing French-language text
- Official website different in Wikidata and Wikipedia
- Articles with French-language sources (fr)
- Cameroon articles missing geocoordinate data
- All articles needing coordinates
- Articles missing coordinates without coordinates on Wikidata
- Economy of Cameroon
- Financial services companies of Cameroon
- Stock exchanges in Africa
- Companies based in Douala
- Buildings and structures in Douala
- Financial services companies established in 2001
- 2001 establishments in Cameroon
- All stub articles
- Cameroon stubs