Club of Monegasque Entrepreneurs in Africa (CEMA)
The sixteen 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 40 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 Chamber of Economic Development (CDE). 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.
Founded in Monaco in May 2014, the key objectives of CEMA are to build stronger ties between its members, and to share experience, information and commercial best practices. The broader aim of this new initiative will be to organise bilateral events featuring leading African figures, who will be invited to share their vision of the continent's future.