New financial priorities, goals to promote women’s empowerment  

New financial priorities, goals to promote women’s empowerment   

NAIROBI, Kenya, May 31 – Angaza Forum hosted a dialogue with stakeholders in the financial sector to discuss ways to empower women in the field.

This was announced on the sidelines of the African Development Bank Annual Meeting in Nairobi in partnership with the Ellen Johnson Sirleaf Presidential Center.

Other participants were Old Mutual Kenya, the Organization of Eastern and Southern African Insurers (OESAI), and New Faces, New Voices—Kenya (NFNV).

Under the proposed ‘Manifesto for African Women in the Financial Sector’, attendees included senior women leaders from banking, insurance, investment banking, microfinance, and fintech.

The Nairobi dialogue validated the priorities and goals that were proposed in Kigali towards finalizing the draft for public consultation.

According to Angaza Forum Chairperson Nuru Mugambi, the manifesto will be launched at the 2024 Angaza Forum in Nairobi on October 16th and 17th.

“We were pleased with the feedback we received and believe we are on the right track with finalising this Manifesto for African Women in the Financial Sector,” said Mugambi.

“The Manifesto provides a collective impact framework by stating specific priorities and goals that any woman leader in the financial sector can incorporate into their institution’s strategic planning. This ensures that their firm contributes towards the financial inclusion and resilience of women in the real economy and also supports the attainment of Africa Agenda 2063 and the UN SDGs.”

The luncheon, hosted at the Serena Hotel Nairobi, brought together various stakeholders in the financial sector, including Caroline Karanja, CEO of the Association of Microfinance Institutions, and Arthur Oginga, Group CEO for East Africa.

Others included Old Mutual Ltd.; Mary Wamae, Group Executive Director for Equity Group Holdings; Njeri Njomo, CEO of Jubilee Health Insurance; and Madeleine Nangayo, OESAI Board Member and CEO and Regional Director of Ghana Reinsurance Company Kenya, Ltd.

Melissa Basque Roux, Acting Coordinator, Affirmative Finance Action for Women in Africa (AFAWA) of the African Development Bank, and Caroline Armstrong-Ogwapit, Chairperson of NFNV Kenya, also participated.