(Business in Cameroon) - The Cameroon Commodities Exchange (CCX) scheduled to be launched by the government is slated to be opened in Douala, the country’s economic capital. Reliable sources have revealed that this was the suggestion made by the Eleni firm to the Cameroonian government which it has been assisting on the project.

According to the Eleni firm, the suggestion to set-up the CCX in the economic capital was made because “most financial and surety management companies are based there” and “it is Cameroon’s main city for exports”.

However, these characteristics are not the only factors motivating the Eleni firm to recommend Douala to be the CCX’s headquarters. In their report, the consultants propose that the government explore the possibility of having the future commodities exchange “share some existing facilities with the Douala Securities Exchange (DSX), specifically office space, negotiation areas and the data centre.”