Africa CEO Forum Awards 2019 to stress role of women in business

11Mar 2019
The Guardian Reporter
The Guardian
Africa CEO Forum Awards 2019 to stress role of women in business

ROLE of women in business is scheduled to take centre stage in the Africa CEO Forum Awards 2019 slated for later this month in the Rwandan capital Kigali.

Bella Disu, Executive Vice President of Globacom.

A statement released yesterday by the awards organizers indicated that Women in Business initiative will this year attract 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,” reads the statement.

Also, there will be a workshop for 100 business leaders, both men and women. Their goal, according to organizers, is to work together to develop a diversity charter.

“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.”

Finally, the highlight of the initiative will be the Gender Leader award, during the Africa CEO Forum Awards 2019 on the evening of March 25. 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.

The Women in Business initiative, launched three years ago by the Africa CEO Forum, grew out of two observations: only 5 per cent of CEOs in Africa are women, and they only occupy 14 per cent of boardroom positions.

Faced with this situation, 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 this year—is expanding its reach through the three flagship actions.