The global non-profit organisation 50/50 Women on Boards has made a significant step towards gender diversity and inclusivity by establishing its first African chapter in Nairobi, Kenya.
Nairobi has emerged as a leading city in Africa when it comes to gender diversity on corporate boards. The gains made in recent years are a testament to the growing recognition of the importance of women’s leadership in shaping the business landscape.
This expansion marks a pivotal moment for the organisation, which has primarily focused on improving women’s representation on boards of publicly listed companies in the United States.
Empowering Women for Board Positions
Philana Mugyenyi, the founder of 50/50 Women on Boards Africa, emphasised the chapter’s commitment to preparing women for board positions.
Through comprehensive training programs, the organisation will equip women with the necessary soft and technical skills, as well as networking opportunities to expand their professional reach.
READ ALSO:
J.P. Morgan Commences Kenyan Operations with New Appointment
Key Objectives of the Nairobi Chapter
- Increase Female Representation: The chapter aims to significantly increase the number of women serving on boards of directors in Kenya and other African countries.
- Promote Gender Equality: By advocating for gender diversity, the organisation seeks to create a more equitable and inclusive corporate landscape.
- Empower Women Leaders: Through training and mentorship, the chapter will empower women to take on leadership roles and contribute to the success of their organisations.
A Triple Leap in Representation
In just a decade, the number of women on corporate boards in Kenya has tripled. From 12% in 2012 to 36% in 2021, Kenya has significantly outpaced the global average. This progress is a direct result of concerted efforts to promote gender equality and empower women in leadership roles.
The Importance of Continued Progress
While the gains made in Kenya are commendable, there is still much work to be done. Philana Mugyenyi, a prominent advocate for women’s leadership, emphasises the need to keep pushing for greater representation on corporate boards. She argues that this not only benefits women but also has a positive impact on companies and the broader community.
The Benefits of Women on Boards
Studies have shown that companies with a higher proportion of women on their boards tend to outperform those with fewer female directors.
Women bring unique perspectives, experiences, and skills to the table, which can lead to more innovative and inclusive decision-making. Additionally, having more women in leadership positions can inspire younger generations and create a more equitable workplace.
READ ALSO:
WAIFC Expands Global Reach with Nairobi and Istanbul Memberships
A Growing Need for Female Leadership in Africa
The Nairobi chapter’s launch highlights the pressing need for greater female representation at the leadership level in Africa. As the continent continues to experience rapid economic growth and development, it is imperative that women have a seat at the table to shape its future.
A Catalyst for Change
The push for greater gender diversity on corporate boards is not just about representation. It is part of a broader movement to champion gender equality and inclusivity across the African continent. By empowering women in leadership roles, we can create a more just and prosperous society for all.
As Nairobi continues to lead the way in gender diversity, it is essential to maintain momentum and strive for even greater progress. By working together, we can create a corporate landscape where women are fully represented and valued for their contributions.