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              Tanzania confirms first-ever outbreak of Marburg Virus Disease

              Tanzania confirms first-ever outbreak of Marburg Virus Disease

              Ghana: Oil palm import hits US$1.17bn in 3yrs

              Ghana: Oil palm import hits US$1.17bn in 3yrs

              Morocco, European Union co-chair two meetings on counter-terrorism

              Morocco, European Union co-chair two meetings on counter-terrorism

              Ethiopia plans to generate $7 billion from exporting animal products by the next ten years.

              Ethiopia plans to generate $7 billion from exporting animal products by the next ten years.

              Delivery month for Air Tanzania Company Limited’s first dedicated cargo jet rescheduled from June to April.

              Delivery month for Air Tanzania Company Limited’s first dedicated cargo jet rescheduled from June to April.

              Kenya: Hon. Mithika Linturi inaugurate Kenya Veterinary Board of Directors

              Kenya: Hon. Mithika Linturi inaugurate Kenya Veterinary Board of Directors

              Kenya: Davis Chirchir, Alex Wachira inspect construction of Geothermal Power plant in Menengai

              Kenya: Davis Chirchir, Alex Wachira inspect construction of Geothermal Power plant in Menengai

              Trending Tags

              • FEATURES
                International Day of Forests, 21 March

                International Day of Forests, 21 March

                8 technologies bridging digital gender gap in Rwanda 

                8 technologies bridging digital gender gap in Rwanda 

                Cybersecurity in Africa: Many still believe cybercrime ‘won’t affect them’ 

                Cybersecurity in Africa: Many still believe cybercrime ‘won’t affect them’ 

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                Samia redefining women roles in Tanzania

                Meet Martha Koome: Kenya’s Chief Justice Harnessing Tech to End Gender-Based Violence

                Meet Martha Koome: Kenya’s Chief Justice Harnessing Tech to End Gender-Based Violence

                Ghana @66

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                THE AFRICAN CONTINENTAL FREE TRADE AREA (AfCFTA) HUB IN PERSPECTIVE

                Trending Tags

                • DIGITAL ECONOMY
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                  image containing somalia frontline states summit

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                  President Ramaphosa nominates Justice Mahube Betty Molemela as Judge President post image

                  President Ramaphosa nominates Justice Mahube Betty Molemela as Judge President

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                  Statement by Administrator Samantha Power on the declaration of the end of the Ebola Outbreak in Uganda

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                  flier for Invest in Africa Energy invitation

                  Invest in African Energy: African Energy Chamber to Host New Year Reception

                  President Wavel attends the official launching of Liam’s Rainbow Foundation

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                  2022 wassce results prove free SHS is working well” – President Akufo-Addo

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                    Nigerian’s First Lady Aisha Buhari in Talks on Plans After Husband’s Presidency

                    Nigerian’s First Lady Aisha Buhari in Talks on Plans After Husband’s Presidency

                    Cedi expected to end 2020 with less than 5% depreciation to dollar Says Expert

                    Cedi expected to end 2020 with less than 5% depreciation to dollar Says Expert

                    “Citizen Gate is Designed to bring the government closer to the people”- Mr. Toba Otusanya, DG, Lagos State Office of Transformation, Creativity & Innovation

                    “Citizen Gate is Designed to bring the government closer to the people”- Mr. Toba Otusanya, DG, Lagos State Office of Transformation, Creativity & Innovation

                    I cherish and treasure my reputation for probity and accountability,– Dr. Babatunde Ajibade, SAN

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                    Why Nigeria Needs Aircraft Leasing Companies- Captain Abdulsalami Mohammed

                    Why Nigeria Needs Aircraft Leasing Companies- Captain Abdulsalami Mohammed

                    Interview with Jennifer Blanke, Vice President Agriculture, Human and Social Development at the African Development Bank Group, Ahead of the 2019 Gender Summit

                    Interview with Jennifer Blanke, Vice President Agriculture, Human and Social Development at the African Development Bank Group, Ahead of the 2019 Gender Summit

                    Now is the Time to Partake in Nigeria’s Next Level Roadmap – Damilola Ogunbiyi

                    Now is the Time to Partake in Nigeria’s Next Level Roadmap – Damilola Ogunbiyi

                    Why MDAs resisted TSA –Idris, AGF

                    Why MDAs resisted TSA –Idris, AGF

                    We’re targeting $500m for special economic zones – Enelamah, Minister of Industry, Trade and Investment

                    We’re targeting $500m for special economic zones – Enelamah, Minister of Industry, Trade and Investment

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                      Her Excellency Hon Reem Ebrahim Al Hashimy, Minister of State for international Cooperation, United Arab Emirates Emerges PSG Minister of the Week

                      Her Excellency Hon Reem Ebrahim Al Hashimy, Minister of State for international Cooperation, United Arab Emirates Emerges PSG Minister of the Week

                      Hon Aisha Jumwa, Minister of Public Service, Gender & Affirmative, Kenya has Emerged APS Minister of the Week

                      Hon Aisha Jumwa, Minister of Public Service, Gender & Affirmative, Kenya has Emerged APS Minister of the Week

                      Hon Aisha Jumwa, Minister of Public Service, Gender & Affirmative, Kenya has Emerged APS Minister of the Week

                      Hon Aisha Jumwa, Minister of Public Service, Gender & Affirmative, Kenya has Emerged APS Minister of the Week

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                      Ambassador John Mwangemi, Chief Executive Officer, Kenya Ports Authority Emerges APS “CEO OF THE WEEK”

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                      His Excellency Dr. Belete Molla, Minister of Innovation & Technology, Ethiopia Emerges APS Minister of the Week

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                      H.E Dr. Mohamed Maait, Minister of Finance, Egypt Emerges APS Minister of the Week

                      HE Mrs Fatim Zahra Ammor, Ministry of Tourism, Handicrafts & Social Economy of Morocco Emerges APS Minister of the Week

                      HE Mrs Fatim Zahra Ammor, Ministry of Tourism, Handicrafts & Social Economy of Morocco Emerges APS Minister of the Week

                      Mr Alphayo J. Kidata, Commissioner General, Tanzanian Revenue Authority Emerges APS “CEO OF THE WEEK”

                      Mr Alphayo J. Kidata, Commissioner General, Tanzanian Revenue Authority Emerges APS “CEO OF THE WEEK”

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                      Rwanda rings the bell to highlight business case for gender equality in the private sector
                       

                      Public Sector Global by Public Sector Global
                      March 18, 2023
                      in NEWS
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                      Rwanda launches the National Chapter of the African Women Leaders Network
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                      In commemoration of the 2023 International Women’s Day under the theme, DigitALL: Innovation and technology for gender equality”, UN Women Rwanda teamed up with Rwanda Stock Exchange, International Finance Corporation, Sustainable Stock Exchanges Initiative, UN Global Compact, and the World Federation of Exchanges for the seventh year to co-organize a ‘Ring the Bell’ event for gender equality in Rwanda, joining more than 118 global exchanges around the world to demonstrate support for women’s rights and gender equality.

                      The Ring The Bell for Gender Equality ceremony aims to bring attention to the pivotal role the private sector can play in advancing gender equality to achieve sustainable development goals.

                      The occasion brought together different players in the financial sector, entrepreneurs, regulators, students to discuss the role and opportunities for the private sector to advance gender equality and sustainable development.

                      Opening the event, Mr. Pierre Celestin Rwabukumbi, Chief Executive Officer of Rwanda Stock Exchange stressed the role of stock markets around the world can and must play in advancing gender equality and stated that Rwanda Stock Exchange was the third exchange on the African continent to join the United Nations Sustainable Stock Exchanges (SSE) more concretely to promote and support the implementation of SDGs.

                      “We have been a part of this fraternity over the years and we’re leading the pack. Today ‘s official Ringing the Bell for gender equality is a testimony of our exchange’s unwavering commitment and support to the Sustainable Development Agenda, as it is embedded in our Exchange’s DNA. As an exchange we shall continue in this direction in the years to come and lead the way to make sure that gender equality does not fade away with the sounds of this bell. We shall make sure it becomes the norm; Mr. Rwabukumbi affirmed,” he said.

                      Rwanda stock exchange and many businesses have demonstrated efforts to give women more opportunities and leadership in the private sector. However, while the private sector currently employs 94 per cent of the labor force in Rwanda as per official statistics, the number of women is still low, especially in technical fields which normally pay more wages.

                      As of 2022, women’s participation in mining stood at 9 per cent, transport and storage at 3 per cent and at 17 per cent in construction. Women occupy only 32 per cent of decision-making positions in the private sector and only 33 per cent of business enterprises are owned by women, most of whom own micro and small business enterprises.

                      Speaking on behalf of the UN Women Rwanda Country Representative, Tikikel Tadele Alemu commended the Government of Rwanda’s efforts to recognize the gender digital divide and adopt various commitments and initiatives that promote women and girls’ role in the digital economy, making Rwanda a shining example to many countries. “Currently, Rwanda is globally among the three countries that have become commitment co-leads under the Generation Equality Campaign Action Coalition on innovation and technology,” She added.

                      However, Ms. Alemu recalled persisting barriers to women and girls’ access and opportunities to technology and innovations.  She underlined the importance of a paradigm shift to urgently scale up and accelerate partnerships to implement Rwanda’s commitments to close the gender digital divide.

                      Ms. Alemu further called upon the private sector and stock exchange stakeholders to sign and adopt the Women’s Empowerment Principles (WEPs).

                      The principles aim to address gender-related barriers in businesses while catalyzing entrepreneurship including in tech and innovation fields, develop new products, such as sustainability-linked bonds with gender criteria and gender bonds, that can help advance gender equality, among others. She reaffirmed UN Women’s commitment to the collaboration with Rwanda Stock Exchange and other relevant partners including Ministry of ICT, Ministry of Education, women in innovation and science fields, CSOs, tech institutions and innovation labs for a digitally equal Rwanda.

                      IFC Representative, Patience Rukundo Ingabire appreciated IFC’s partnership with the Rwanda Stock Exchange and UN Women in raising gender equality as Stock Exchanges are uniquely positioned to influence their home markets in a way few other actors can. She stated that the theme of the event aligns with the commitments of IFC to support companies to address digital barriers by enhancing women’s access to digital technologies and economic opportunities.

                      Participants had an opportunity to observe a mock trading which showed women’s role in stock exchange markets in Rwanda. UN Women Rwanda, as a key partner, took the opportunity to ring the bell to announce the opening of the market and the call for a digitally equal Rwanda in line with the theme of the IWD celebrations.

                      The event culminated in a fireside chat with two inspirational women leaders, Managing Director of Ecobank, Ms. Carine Umutoni and innovator Ms. Tadhim Uwizeye, CEO of Olado Rwanda. The two shared their  career journeys as young women leaders in digital innovation and finance spheres and advice to inspire young women and girls in the room. They both stressed the importance of focus, personal life goals, perseverance, hard work, mentorship and networking as key steps in the journey to success. 

                      At the conclusion of the fireside chat, Mr. Rwabukumbi, CEO of Rwanda Stock Exchange officially awarded the “Outstanding Woman Achiever in the Finance Sector” prize to Ms Carine Umutoni, the CEO of Ecobank Rwanda. He announced the prize as the Stock Exchange’s annual flagship to recognize women’s contribution to the development of the financial market industry in Rwanda.

                      Tags: CEO of Rwanda Stock ExchangeInternational Women’s DayMr. Rwabukumbirwanda
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