19 active members
including 5 founding members
1,6 billions €
Africa turnover
5000 employees
dedicated to African Market
Member companies have subsidiaries in more than 25 African countries
including 5 founding members
Africa turnover
dedicated to African Market
The Monaco-based companies behind the Club of Monegasque Entrepreneurs in Africa (CEMA) and their directors each have a regular and long-established relationship with Africa. They operate in 45 countries across the continent. For each of these sixteen companies, Africa is a key market, and in some cases represents the core of the company's business.
CEMA was created with the support of the Federation of Monegasque Businesses (FEDEM) and the Monaco Economic Board (MEB). The idea behind its creation was to recognise the long-standing links between its founding members and the continent – the "DNA" that these five companies share.
They are diversified, essentially materialised by the organisation of events and country missions in partnership with the Monaco Economic Board, the French Council of Investors in Africa, the Belgo-Luxembourg Chamber of Commerce and ESCAM.
In addition, since 2022, Monaco's Africa Day, in partnership with numerous European institutions, the Government of the Principality, the Monaco Economic Board and the Federation of Monegasque Companies, has become a must.