The “Women In Business” initiative was launched three years ago by the AFRICA CEO FORUM. Two key observations from this initiative are: only 5% of CEOs in Africa are women, and they only occupy 14% of boardroom positions.
On the back of this conundrum, the AFRICA CEO FORUM decided to take action by making the advancement of female leadership a key priority. Every year, the forum engages and unites the entire business community around a clear mission: to significantly advance the feminization of top decision-making positions in African companies.
To meet this goal, the “Women In Business” initiative – organized in partnership with Globacom in this year’s edition holding in Kigali– is expanding its reach through three flagship actions.
Firstly, a high-level panel discussion where women with exceptional track records will discuss the means and conditions required to gain entry and impose their presence in Africa’s boardrooms. To open the discussion, Bella Disu, Executive Vice President of Globacom, will present the keys to her success and her recommendations on how to overcome this challenge.
Secondly, there will be workshop with 100 business leaders, both men and women. Their goal is to work together to develop a diversity charter for Africa businesses. This will include raising awareness among senior executives around the cause of gender diversity; implementing quotas and concrete action plans to increase the proportion of women in business; creating and applying human resource policies designed to identify and promote female talent. The role of the gender charter will be to guide African business leaders as they roll out tangible and measurable actions to achieve equality between men and women in the workplace.
“GENDER LEADER” AWARDS
Finally, the highlight of the initiative will be the “Gender Leader” award, during the AFRICA CEO FORUM AWARDS 2019. This recognition will be granted to a company that has distinguished itself, over the last year, through its actions to promote female leadership, particularly within its management bodies, according to three criteria: women’s representation on the company’s board of directors, the percentage of women on the executive committees of the group and its subsidiaries and finally, the company’s strategy to promoting female leadership.