It is no secret that women are underrepresented on boards throughout Africa – and the world in fact.
Sirdar’s annual director survey for 2020 (formally entitled Africa’s Non-Executive and Independent Directors’ Fees, Performance and Diversity Survey for Privately-Held and Family Businesses) confirms this despite the clear benefits of female representation and contribution that the findings also show.
This lack of female board members in Africa is evident immediately when considering that only 22 percent of the 233 viable survey responses were completed by female non-executive directors. It was economist Noreena Hertz who said: “Having women on boards is good for women, good for the economy and good for society. A win-win-win outcome: how rare.”
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