NewsExpress advert FCMB banner Fidelity bank banner NewsExpress advert
20 African business leaders commit to promoting women’s leadership

By News Express on 07/04/2017

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 1,216


The African Women in Business working group met in Geneva at the 2017 Africa CEO Forum and made concrete commitments towards fostering female entrepreneurship in Africa and improving women’s access to decision-making positions in African companies.

Building on the success of the African Women in Business initiative launched this year by the Africa CEO Forum, which took place in Geneva on March20 and 21, the organisers convened a special working group consisting of mainly female CEOs/managers from 20 African countries and various sectors. Among them were Janine Diagou of NSIA (Côte d’Ivoire), Binta Touré Ndoye of Oragroup (Togo), Fathia Bennis of Maroclear, Tunisian lawyer Donia Ellouze, Rosemary Yeboah of Ecobank (Ghana), and Tonye Cole, CEO of Sahara Group (Nigeria), the only male participant.

During this first session, moderated by Oulimata Sarr, UN Women Regional Economic Empowerment Adviser for West and Central Africa, the working group made resolutions to improve the status of women in companies. It also committed to putting forward several recommendations in order to come up with an action plan for women’s leadership in African business. The key takeaways were the following:

Three keys for fostering female entrepreneurship

*Give access to financial products specially designed for women entrepreneurs: the working group intends to bring this matter to the attention of financial institutions.

*Create women’s networks, drawing on Senegal’s Women Investment Club (WIC), whose 54 members raised half a million dollars to finance woman-run SMEs.

*Advocate to promote access to large public and private enterprise tenders for woman-owned SMEs

Emphasising the fact that women hold 40% of mid-management positions in Africa, yet only 5% are CEOs, the working group selected four proposals for a fairer distribution of corporate power in African countries.

Four recommendations for improving women's access to decision-making positions

*Systematic mentoring. Women and men who are in a leadership position in the business sector must devote time to mentor young women and develop their skills in order to optimize their career opportunities.

*Promote flexitime in companies with the aim of giving employees the opportunity to achieve a good balance between their personal and professional lives.

*Encourage gender equality legislation for boards of directors, as Rwanda and some other countries on the continent have already done.

*Create databases listing high-potential female profiles to facilitate the recruitment of women to decision-making positions by African companies.

The first decisions taken by the members of African Women in Business working group were the following:

*Sahara Group, Nigeria-based energy conglomerate: reach a 40-60 female-male ratio on its board of directors.

*Tonye Cole, Chairman, Sahara Group, also pledged to bring other men to the next African Women in Business meeting, stressing that men also have a role to play in advancing gender equality.

*Oragroup, Togo-based banking group: improve the female-male ratio of its executive committee from the current 26-74 to 50-50 by 2020.

*Groupe Jeune Afrique: training the next generation of women leaders through the “Heroines’ Forum”, an initiative that will move from country to country, with its first edition in October in Abidjan.

*The Africa CEO Forum also set itself two objectives:

- Increase the number of women delegates from 20% to 30% over the next 3 years

- Increase the number of women speakers from 20% to 35% in the same time frame

Source News Express

Posted 07/04/2017 11:58:17 AM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

 

You may also like...
Lai Mohammed makes U-turn on Yushau Shuaib’s case;...

Militants strike in Cross River; kill 2

Fake news, bigger threat than insurgency, militancy, says...

EXECUTE CORRUPT GOVERNORS —National Conference delegates

Defending champs Arsenal knocked out of English FA...

Keshi cries out over N35 million salary arrears...

Osinbajo to the church: Ostracise the thieves in...

Conference of Speakers dissolves executives

Osanebi bags students award

British Airways cabin crew launch two-week strike in...

EFCC to invite Kwankwaso, Wamakko over fraud

BREAKING NEWS: Buhari’s son discharged from hospital

 

Latest News National convention: APC governors, leaders fight to finish Ozubulu Church Massacre: Perpetrators demanded $1m to stop attack — Witness Buhari has disappointed us — Ex-militants 30 killed in fresh Zamfara attacks Nigeria a failed state — MASSOB •Says Buhari’s government has collapsed 59m children stunted, 10m overweight in Africa: WHO 15 VGC Lagos residents to be tried for energy theft Alleged fraud in NEMA: Our investigation targeted at DG Maihaja — Reps 2019: Buhari’s second term not in the interest of south-easterners, says BNYL Delta Govt. spends N2.5bn to reposition technical education North Korea to stop nuclear tests, scrap test site Face of Hope Foundation undertakes charity outreach in Zindah, FCT

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (339,065 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (333,924 views) Shameless Genevieve Nnaji exposes breasts in public (267,220 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (219,652 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (201,754 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (197,657 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (172,456 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (154,842 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (146,769 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (138,499 views) Lagos plane crash: Journalist releases victims’ names (136,543 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (129,272 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (36) Business & Economy (3,063) Business Verdict (40) Columnists (836) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (479) Features (568) Global Business Monitor (262) International (1,920) Interview (149) Live Commentary (28) Love Matters (116) News (34,628) Opinion (915) Pidgin (10) Politics (4,791) Religion (722) Sports (1,483) Stock Watch (28) AMA & Al Jazeera Global Update

 

 

NLNG Science and Literature Prize Awards

 

 

NEWS EXPRESS TV

Boko Haram commanders surrender

 

APO Group Partner

 

 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement