Douala Stock Exchange
{{Infobox company
| name = Douala Stock Exchange
| logo = DOUALA STOCK EXCHANGE LOGO.jpg
| type =
| slogan =
| foundation = 2001
| location = Douala
| key_people = Mr Pierre Ekoulé Mouangue Directeur Général
| num_employees =
| industry = Finance
| products = Stock trading services
| homepage = http://www.douala-stock-exchange.com/
}}{{Short description|Stock exchange in Douala, Cameroon}}
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 {{ill|Central African Securities Exchange|fr|Bourse des valeurs mobilières de l'Afrique centrale}} ({{langx|fr|Bourse des valeurs mobilières de l'Afrique centrale}}, BVMAC) which on that occasion relocated from Libreville to Douala.{{citation |title=Acte Additional N°06/17-CEMAC-CONSUMAF-CCE-SE Portant unification du marché financier de la Communauté Economique et Monétaire de I'Afrique Centrale (CEMAC) et mesures d'accompagnement |date={{date|2018/02/19}} |url=https://www.sgg.cg/txts-droit-reg/CEMAC-Acte-2018-06-unification-marche-financier.pdf }}
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 {{ill|Société des eaux minérales du Cameroun|fr}} (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 {{ill|SOCAPALM|fr|Socapalm}}.{{cite web|url=http://www.straightstocks.com/current-market-news/trivia-what-is-the-smallest-stock-exchange-in-the-world/|title=What is the Smallest Stock Exchange in the World?|accessdate=2008-12-15}}
See also
References
{{reflist}}
External links
- {{official|http://www.douala-stock-exchange.com/index_fr.php }} {{in lang|fr}}
{{coord missing|Cameroon}}
Category:Financial services companies of Cameroon
Category:Stock exchanges in Africa
Category:Companies based in Douala
Category:Buildings and structures in Douala
Category:Financial services companies established in 2001
Category:2001 establishments in Cameroon
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