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'' An initiative of thought and action
of entrepreneurs from Monaco in Africa..''

Founding Members


Founding Companies:

Martin Maurel Sella, today Rothschild Martin Maurel
Mercure International

CEMA Founding Directors:

Patricia HUSSON  (Ascoma)
Mathieu DIERSTEIN (Ascoma) until February 2018
Frédéric GEERTS (Martin Maurel Sella)
Adnan HOUDROUGE (Mercure International)
Johanna HOUDROUGE-KARRIT (Mercure International)
Denis RUYANT (Sonema)
Pierre-Dominique COCHARD ( consultant to Martin Maurel Sella, today Rothschild Martin Maurel)

Hilde HANEUSE-HEYE, (Bluewave) since February 2018

CEMA Founding Members: 

Hervé HUSSON ( Ascoma)
Frédéric PLATINI (ES-KO)

Executive Board 2018-2019 :

Patricia HUSSON, President
Adnan HOUDROUGE, Vice-President
Frédéric GEERTS, Secretary General
Denis RUYANT, Treasurer
Pierre-Dominique COCHARD, Coordination & Communication
Johanna HOUDROUGE-KARRIT, Project Leader


Ascoma is an insurance and reinsurance brokerage family group based in Monaco and present in 23 African countries where it employs more than 500 employees.
Ascoma independently advises its clients and defends their interests with regard to insurance companies and third parties. Ascoma supports its clients in auditing their risks, negotiating the best coverage conditions and the best rates from insurers. Ascoma also sets up their contracts and takes care of the management of claims and their reimbursements in the shortest possible time.
The group is present in Africa for over 60 years where it became the first independent insurance brokerage network. This experience has allowed it to gain an extensive knowledge of local environment and socio-economic structures of each country in which it is established.


ES-KO is an international company with its head office in Monaco. It is one of the world's leading suppliers of logistics support services to the private and public sectors in post-conflict and/or post-disaster environments. ES-KO has been working in remote and difficult locations for around 60 years, providing assistance with peace-keeping, humanitarian relief, emergency response, social assistance and healthcare operations, as well as delivering services to the mining and oil industries.
The company's core business is to supply, transport and distribute food, provide catering services for camps and living quarters, and manage PX/Duty-Free shops.
In 2013, ES-KO launched ECO SYSTEM, a new subsidiary dedicated to the exploration of new markets. It constructs innovative prefabricated buildings for the healthcare (hospitals and clinics), education (schools) and hospitality sectors in European and emerging countries.


Mercure International

“Africa, don’t dream about it, love it “, Adnan Houdrouge.
Inspired by the name of the Roman God of Commerce, Mercure International employs more than 5,000 people and runs around 250 retail stores worldwide, ranging from 50 to 5,000 sq. m under single-brand and multi-brand trade names.
Based in Monaco, we develop franchises, stores and banners, selling and distributing products of various brands in sports, fashion and food departments.
We operate in 17 countries: Europe, Caribbean, Indian Ocean and Africa, where we are one of the market leaders in our areas: sports, fashion and food.

Rothschild Martin Maurel (Martin Maurel Sella until 2017)

Rothschild Martin Maurel Monaco is an independent, family-run bank that provides asset management, structuring and private finance services, Global Advisory, Private Equity. It works primarily with owner-directors of major manufacturing and service companies in Africa. Through Rothschild Martin Maurel Monaco Gestion,  one of six companies authorised by the Government of Monaco to create and manage Monegasque mutual funds, it also works with institutional clients.


Sonema is a VSAT integrator and telecommunications service provider. It owns two teleports in France and operates and maintains more than 500 installations in around 50 countries across Africa, Europe and the Middle East. Sonema has built a strong reputation for its innovative, high-performance solutions and is a leading player in enterprise networks. It boasts prestigious clients across a wide array of sectors, from financial institutions, energy companies and mining firms to manufacturers, shipping companies and public services.