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Douala Stock Exchange
The Douala Stock Exchange (DSX in abbreviation) is the official market for securities in Cameroon. It is located in Douala. 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 (SEMC), a subsidiary of the French company Castel Group. DSX is 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). Now it also includes Société Africaine Forestière et Agricole du Cameroun (SAFACAM) and . See also *Economy of Cameroon *List of Af ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Douala
Douala is the largest city in Cameroon and its economic capital. It is also the capital of Cameroon's Littoral Region (Cameroon), Littoral Region. Home to Central Africa's largest port and its major international airport, Douala International Airport (DLA), it is the commercial and economic capital of Cameroon and the entire Economic Community of Central African States, CEMAC region comprising Gabon, Congo, Chad, Equatorial Guinea, Central African Republic and Cameroon. Consequently, it handles most of the country's major exports, such as Petroleum, oil, Cocoa bean, cocoa and coffee, timber, metals and fruits. , the city and its surrounding area had an estimated population of 5,768,400. The city sits on the estuary of Wouri River and its climate is tropical. History The first Europeans to visit the area were the Portuguese people, Portuguese in about 1472. At the time, the estuary of Wouri River was known as the Rio dos Camarões (Shrimp River). By 1650, it had become the site ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit Association Of Cameroon
Credit (from Latin verb ''credit'', meaning "one believes") is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt), but promises either to repay or return those resources (or other materials of equal value) at a later date. In other words, credit is a method of making reciprocity formal, legally enforceable, and extensible to a large group of unrelated people. The resources provided may be financial (e.g. granting a loan), or they may consist of goods or services (e.g. consumer credit). Credit encompasses any form of deferred payment. Credit is extended by a creditor, also known as a lender, to a debtor, also known as a borrower. Etymology The term "credit" was first used in English in the 1520s. The term came "from Middle French crédit (15c.) "belief, trust," from Italian credito, from Latin creditum "a loan, thing entrusted to another," from past ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Buildings And Structures In Douala
A building, or edifice, is an enclosed structure with a roof and walls standing more or less permanently in one place, such as a house or factory (although there's also portable buildings). Buildings come in a variety of sizes, shapes, and functions, and have been adapted throughout history for a wide number of factors, from building materials available, to weather conditions, land prices, ground conditions, specific uses, prestige, and aesthetic reasons. To better understand the term ''building'' compare the list of nonbuilding structures. Buildings serve several societal needs – primarily as shelter from weather, security, living space, privacy, to store belongings, and to comfortably live and work. A building as a shelter represents a physical division of the human habitat (a place of comfort and safety) and the ''outside'' (a place that at times may be harsh and harmful). Ever since the first cave paintings, buildings have also become objects or canvasses of much artistic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Douala
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock Exchanges In Africa
In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company is divided, or these shares considered together" "When a company issues shares or stocks ''especially AmE'', it makes them available for people to buy for the first time." (Especially in American English, the word "stocks" is also used to refer to shares.) A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all senior claims such as secured and unsecured debt), or voting power, often dividing these up in proportion to the amount of money each stockholder has invested. Not all stock is necessarily equal, as certain classes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Of Cameroon
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability ass ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of African Stock Exchanges
There are 29 exchanges in Africa, representing 38 nations' capital markets. 21 of the 29 stock exchanges in Africa are members of the African Securities Exchanges Association (ASEA). ASEA members are indicated below by an asterisk (*). The Egyptian Exchange (EGX), founded in 1883, is the oldest stock exchange in Africa. One of the oldest bourses (exchanges) on the continent is the Casablanca Stock Exchange of Morocco, founded in 1929 and the JSE Limited in 1887. Today the Casablanca stock exchange, in Morocco is the 3rd largest exchange in Africa, while Johannesburg Stock Exchange is the first, and the Nigerian Stock Exchange (NSE) is the second. There are several notable countries on the continent that do not have a stock exchange. The most notable is Ethiopia, although it does have a commodities exchange in Addis Ababa. In January 2021 a capital market bill was tabled to Ethiopian lawmakers that would establish a stock exchange through a public-private partnership. List Se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Cameroon
The economy of Cameroon was one of the most prosperous in Africa for a quarter of a century after independence. The drop in commodity prices for its principal exports – petroleum, cocoa, coffee, and cotton – in the mid-1980s, combined with an overvalued currency and economic mismanagement, led to a decade-long recession. Real per capita GDP fell by more than 60% from 1986 to 1994. The current account and fiscal deficits widened, and foreign debt grew. Yet because of its oil reserves and favorable agricultural conditions, Cameroon still has one of the best-endowed primary commodity economies in sub-Saharan Africa. Agriculture Cameroon produced in 2018: * 5million tons of cassava (13th largest producer in the world); * 3.9million tonnes of plantain (3rd largest producer in the world, only behind Congo and Ghana); * 2.6million tons of palm oil (7th largest producer in the world); * 2.3million tons of maize; * 1.9million tons of taro (3rd largest producer in the world, seco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Castel Group
Castel Group (French Groupe Castel) is a French beverage company. It was established in 1949 by Pierre Castel, who continues to run the company as a family-owned concern. Castel is the largest French wine producer and owns the biggest French and foreign wine brands distributed in France. Castel Group is also the French leader for table wines and the number four for beers and soft drinks in Africa (after SABMiller and Heineken and Guinness), and – after Constellation Brands and Gallo – number four for wine worldwide. Castel claims to have a 25 percent share of profits from the African beer market. History Starting with a wine merchant business in Bordeaux, the company steadily expanded in size and scope. Castel grew into other parts of the wine business, first bottling, then acquisition of viniculture lands and brands - Chateau de Goelane, a Bordeaux Superieur, was acquired in 1957 -, later distribution by buying the wine specialty stores of Nicolas (1998) and marketing. In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Directeur Général
A director general or director-general (plural: ''directors general'', ''directors-general'', ''director generals'' or ''director-generals'' ) or general director is a senior executive officer, often the chief executive officer, within a governmental, statutory, NGO, third sector or not-for-profit institution. The term is commonly used in many countries worldwide, but with various meanings. Australia In most Australian states, the director-general is the most senior civil servant in any government department, reporting only to the democratically elected minister representing that department. In Victoria and the Australian Government, the equivalent position is the secretary of the department. The Australian Defence Force Cadets has three Directors-General which are all one-star ranks: *Director-General of the Australian Navy Cadets *Director-General of the Australian Army Cadets *Director-General of the Australian Air Force Cadets Canada In Canada, the title director general ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic And Monetary Community Of Central Africa
The Economic Community of Central African States (ECCAS; french: Communauté Économique des États de l'Afrique Centrale, CEEAC; es, Comunidad Económica de los Estados de África Central, CEEAC; pt, Comunidade Económica dos Estados da África Central, CEEAC) is an African Economic Community, Economic Community of the African Union for promotion of regional economic co-operation in Central Africa. It "aims to achieve collective autonomy, raise the standard of living of its populations and maintain economic stability through harmonious cooperation". History Customs and Economic Union of Central Africa The Customs and Economic Union of Central Africa (or UDEAC from its name in French, ), (in Spanish: , UAEAC), (in Portuguese: , UAEAC), established by the Brazzaville Treaty in 1964, formed a customs union with free trade between members and a common external tariff for imports from other countries. The treaty became effective in 1966 after it was ratified by the then five mem ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gabon
Gabon (; ; snq, Ngabu), officially the Gabonese Republic (french: République gabonaise), is a country on the west coast of Central Africa. Located on the equator, it is bordered by Equatorial Guinea to the northwest, Cameroon to the north, the Republic of the Congo on the east and south, and the Gulf of Guinea to the west. It has an area of nearly and its population is estimated at million people. There are coastal plains, mountains (the Cristal Mountains and the Chaillu Massif in the centre), and a savanna in the east. Since its independence from France in 1960, the sovereign state of Gabon has had three presidents. In the 1990s, it introduced a multi-party system and a democratic constitution that aimed for a more transparent electoral process and reformed some governmental institutions. With petroleum and foreign private investment, it has the fourth highest HDI in the region (after Mauritius, Seychelles and South Africa) and the fifth highest GDP per capita (PPP) i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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