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The national stock exchange of Cameroon is known as the Douala Stock Exchange. Like the stock exchanges of other countries, the Stock Exchange of Douala is a major division of the commercial and financial sector of Cameroon and caters to a large public in the country.
With Pierre Ekoule Mouangue as the managing director of the Douala Stock Exchange, it functions as one of the principal financial institutions in Cameroon after the banks. An indicator of the economic growth of the country, the Douala Stock Exchange of Cameroon has been formed in the recent years. The future operations of the stock exchange would be shaped by the economic progress of Cameroon.
Sale and purchase of shares and bonds comprise the principal activity of the national stock exchange of Cameroon. 58% of the shares are owned by the private sector, 23% of them by the parastatals, 13.3% by insurance companies and 5% by investment funds.
Douala Stock Exchange in Cameroon represents the performance of the business sector of the country. The creation of the stock exchange portrays that the country has entered into a new financial venture the future course of which will depend on the economic atmosphere of the country. The stock market has been launched with a view to increasing the financial sources of Cameroon's economy.
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