Africa’s top companies ‘should promote women’

African businesses need to do more to promote women into top positions, a new report says.

The report from the African Development Bank (AfDB) says that Africa has the best record among emerging regions of getting women into top business posts. But women still make up just 14% of the boards of major African companies. The AfDB says urgent action needs to be taken and recommends that publicly-listed companies should be required to have women in senior management. “To break the glass ceiling in Africa, we urgently need to bring women on corporate boards,” the AfDB’s envoy on gender Geraldine Fraser-Moleketi said.The report looks at the biggest companies in 12 African countries and found that one in seven board members are women.

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