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International Women’s Day 2022: The BAO 30 Inspiring Women On Breaking The Bias

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In celebration of International Women’s Day (IWD) 2022, Business Africa Online (BAO) hosts 30 Inspiring Women #BreakingTheBias. These 30 Inspiring Women were selected across different industries to speak on this year’s IWD 2022 theme #BreakingTheBias. And also to share how they are Standing Out and Standing Up. Excerpt. 

 

Deloitte Africa CEO-Elect Ruwayda Redfearn

“International Women’s Day is a timely reminder of the progress made over the past few decades around the advancement of women and improving gender parity. The day is also an opportunity to remind each other of the work that still needs to be done to realise the global goal of gender equality.” Read More.

Ngozi Oyewole MD/CEO NOXIE Limited

“As an entrepreneur I am always happy to tell my story and the barriers I face every time, and how I overcome them. Like they say “Your story is your strength and be shameless about the hustle “. Office furniture manufacturing is expected to be a male dominated industry but I thrive very well and pounding the ground even harder than the men…” Read More 

Dr. Anino Emuwa, Managing Director, Avandis Consulting & Founder Africa Women CEOs.

“Gender-balanced leadership is essential for inclusive economic development, societal advancement and the sustainability of our planet. Whilst women and men make great leaders, women face systemic barriers – from unconscious bias to cultural constraints and negative perceptions. We need to #BreakThatBias for the well-being of mankind. Happy International Women’s Day!”

Adesuwa Okunbo Rhodes, Founding Partner at Aruwa Capital Management

“International Women’s Day is a day to acknowledge, honour and celebrate women around the world across every level of society, for the contributions they make each day to society. Women as mothers, wives, CEOs, entrepreneurs, investors, board members and everything in between. This year’s theme of #BreakingTheBias is a perfect way to remind society of the unconscious biases that still exist in society and the uphill struggle women have to face everyday to have a voice and to be heard. At Aruwa Capital we are very excited to be breaking this bias by having more women as capital allocators and empowering the next generation of female entrepreneurs by encouraging women to create their own tables rather than asking for a seat.”

Serah Katusya Managing Director, GroupM East and Central Africa & SSA Coordination Lead

“I AM WOMAN BY EMMY MELI”.

This song is a reminder to what we are as women, what I am as a woman, and despite all the beat down we get we keep rising, we keep winning, and with every stone thrown, we build up. Read More 

Mariam Kamel, Angel Investor

“With female entrepreneurship on the rise globally, it is no surprise that Africa boasts one of the highest regional proportions of female entrepreneurs, where 1 in 4 women run their own business. We can visibly see evidence of this in our daily lives.” Read More 

Dr Tebogo Mashifana, Head of Department: Chemical Engineering Technology, University of Johannesburg

“We grow up in societies where we are made to believe that a girl child cannot do some of the things. We get into the classrooms where different systems exist to say a girl child cannot do certain subjects. In the workplace, there are still positions that women cannot occupy. May we be the generation whose decisions are not biased because of gender. May we never discriminate against HER because she is a woman. May we be the generation that champion and create environments that break the bias toward women. Let us #BreakTheBias, it is everyone’s responsibility.”

Fatima Alimohamed, CEO of African Brand Warrior

“We are in 2022 and still asking for a world that is free of bias, discrimination and stereotypes. Clearly, there is some resistance for this not to have already happened. We know that half the sky is held up by women. So why can’t we live in an inclusive world by elevating women’s visibility instead of having us predominantly hidden?’ We all need to take action to #BreakTheBias and question society and demand more from them. We must break the bias and increase access to equity, safety, justice and recognition for every woman. We must not only celebrate every aspect of the social, economic and political achievements of women, every single day. But we must campaign for equality and openly call out gender bias. We must #BreakTheBias NOW.”

Joy Harrison-Abiola, Practice Administrator, Dentons ACAS-LAW

I was 16 and just gained admission into the University. My brother who was a year older was already in University. I could not wait to join him but a shadow was cast over my dreams. My father could not afford our fees. The advice when he went to borrow money from a good friend was, “let your daughter stay back. She will only get married anyway.” Well my Dad did not take the advice. Dad trudged on stoically and with his sacrifice and that of my dear Mother, my brother and I graduated. Dr. Henry Udueni- after a 3rd degree in the UK, sadly passed. I went on to my 2nd degree, started a 3rd and I’m here. I have the piviledge of seeing the joy and gratitude in my Dad’s eyes that he did not hold me back. To build inclusive environments, safe spaces for all to thrive, to break barriers and provide equal opportunity for growth, takes vision and true commitment. It takes my Dad. #BreakingTheBias

Dr. Christine Izuakor, Cyber Culture Hacker & Founder/CEO, Cyber Pop-up

“I’m excited about the #BreakingTheBias campaign because I believe that the first step to breaking bias is consciousness. A lot of bias is unconscious and you cannot break a habit you don’t even know exists. This campaign is a great start to shining a light on various elements of bias impacting women across domains.  It’s only then that we can do something to change it. Happy International Women’s Day!”.

Temi Marcella Awogboro, Investor, Founder and Board Director

“Regardless of gender, International Women’s Day (IWD) 2022 is a beautiful moment to reflect on and celebrate the strides made in women empowerment globally. However, gender biases and stereotypes remain deeply ingrained in our families, homes, societies and organizations, influencing the way we see and treat our girls and women”. Read More

Vumile Msweli, Founder of Hesed Consulting

In celebrating International Women’s Day and reflecting on #BreakingTheBias as a career coach it is natural that I consider the workplace. I think of biases like female bosses are terrible or that women have glass ceilings and at times even glass cliffs. Read More

Oyetola Oduyemi. Senior Director, Public Affairs for Africa, The END Fund.

This International Women’s Day commemoration is another wonderful opportunity to celebrate women the world over. In the last one year, Read More

Onyeka K. Akpaida, Relationship Manager Africa at Women’s World Banking & CIO, Rendra Foundation

Feeling like an Elephant trapped in the body of an Ant, having great potential without the architecture, strategy or replication structure to actualize it; I spent my formative years seeing women give up Read More

Vuyolwethu Dubese, MEAL and Innovation Consultant, Angel Investor

“I operate at the intersection of democratising capital to African female founders. Designing the impact of that capital and ensuring that women (and small businesses) are funnelled to the top through strategic partnerships. This year’s International Women’s Day theme #BreakingTheBias is a way to highlight the opportunities available to enable women to break the bias. And to connect them to enablers of these ecosystems who have (and continue to) trail brazed. Network(ing) is one of the currencies you can give women to trade equitably. It is a long road ahead to ultimately break the bias that’s been tapestried onto women’s capabilities. But days like IWD and publications like Business Africa Online (BAO), continue to mark the necessary evil of the work that is being and has to be done”.

Dr. Adama Kalokoh, Founder of Impact Sierra Leone

#BreakingTheBias – This theme resonates with me so deeply because we all deserve a seat at the table. It does not stop there, we also deserve the right for our voices to be respectfully heard in and out of the boardroom. Read More

Izin Akioya: Multidisciplinary, Marketing Expert and Author

I could easily swap my book title Mum, Find Love Again for #BreakTheBias. The inherent messages are so in sync that I feel opportune to have launched my book this year. Ageism, sexism, inequalities, racism, abuse, are all steeped in biases. Biases remain the leading root cause of non-inclusion, and therefore sit at the heart of a sustainable gender equity strategy. Progress in gender equity, progress in attaining women’s rights over the coming decades will be contingent on how much progress is made. In dismantling unconscious biases and nuances that drive unequal behaviors and societies.

Affirmative action and increased access to education will provide more women with economic security and opportunity. Yet, these women will continue to contend with traditions, lifestyles and faith systems that entrench biases. As we #BreakTheBias, we redefine culture and shape a new meaning of life and living. I am excited to be alive in these times. I am more excited for a future where #BreakTheBias will no longer be necessary.

Saibatu Mansaray, Former White Senior Executive and US Army Major Rtd)

As an African and Muslim woman who moved to the United States at 20 years of age and immediately joined the United States Army. I understand the bias I carried with me into a foreign land and the military. Everyday, questioning myself given my background. Read More

Chinedu Rita Rosa, Wine Export Consultant & CEO/Founder, Vines By Rosa

International Women’s day is a day to reflect and take account of our progress as Women. Celebrating Women from every work of life and culture. With a special emphasis on #BreakingTheBias, that as women, we face everyday. Enjoying our femininity and embracing our power, knowing that every obstacle that stands in our way can be overcome. Standing up Tall, Proud and as Equals in our own rights with no Bias and barriers to keep us from our goals.

Morenike George Taylor, Group MD, Flux Group

“We live in an imperfect world and the sooner we understand that the better. We can start working on how to improve and one area that we need to focus is to remove the bias against women. Women have traditionally been viewed as the weaker sex. We have more men as Presidents, Vice Presidents, CEOs of companies and Members of Parliament than women. This needs to change. Women have the power, potential and prowess to excel in any role. More women should be considered for roles in top leadership. It’s time to break the bias.”

Lisa Hurley,  Editor-At-Large of Linked Inclusion™

This year’s theme is “Break The Bias.” It’s goal is to help us “imagine a gender-equal world free of bias, stereotypes and discrimination. A world that’s diverse, equitable, and inclusive. A world where difference is valued and celebrated.” So, Read More

Abimbola Adebakin, CEO Advantage Health Africa

I look forward to a world that is truly diverse, equitable, and inclusive. Women are so powerful when we choose to step into the fullness of our strengths and capabilities. And we have got to create a more enabling environment for women to do just that. We must empower and encourage more women to show up, speak up and show forth. 

Women must also begin to take the plunge and show up where it matters. We need more women to take their place everywhere, with skills as their superpower. The world is more beautiful when we all show up and work together. The outcome is indeed unfathomable when we all, no matter race, gender or social class, can show up in our truest, empowered form.

We must realise that different persons have different circumstances and require different resources and opportunities to BECOME. We must choose to fix the playing field and #breakthebias. We all have a role to play in creating the bias-free world we desire, from schools, to workplaces, to politics, to entrepreneurship. I choose to EMPOWER women. I choose to #BreakTheBias. Do you?

Margaret Adekunle, Founder & CEO, CLC

I am a woman who is fearless and unbelievably strong. There are so many forces that work against Black female entrepreneurs. Access to capital and support is the biggest piece. Society can make things extremely difficult for Black female professional/business owners in different ways such as being labelled “unpromotable” because of who you are not which has nothing to do with your skills or maliciously cancelling a business contract which is well planned out. Against all odds, Black women are strong, smart and have the ability to wither the storm and come out stronger and more successful. 

Advice to Black women

  • Never cry or worry about the past. Just focus on what you want to achieve
  • Always remember that those that really want you to win, will always find a way to help you win without excuses.
  • Keep in mind that you’re built differently.

#BreakTheBias 

Hermine Mbondo

As the founder of B4brand, a storytelling-driven marketing agency based in Toronto, Canada, breaking unconscious bias in marketing and advertising is a commitment to create truly diverse and inclusive content from an authentic voice that resonates with the audience. This goes far beyond simply using diverse imagery and brands must challenge existing stereotypes and biases to do better in order to build genuine connections with their audience. – 

Perpetual Kendi, Founder ADDLESTON PR & Laute Luxury Wines

Imagine a world free of bias, stereotypes, and discrimination, a world where difference is valued and celebrated. Where we collectively #BreakTheBias.There are key terms used. Conscious and unconscious bias. The term “unconscious bias” describes our tendency to classify others through characteristics that are not valid. We can break the bias in our communities, workplaces, schools, colleges and universities. As we celebrate women this year, breaking bias is limited to our mental attention and we can all #breakconsious and unconscious bias towards our women.

Paulette Watson, MD/Founder, Academy Achievers

This year’s International Women’s day theme: #BreakingTheBias is really important for me as a black women and also the #BeMe digital inclusion program of raising one million females aspiration in Science Technology engineering math related careers. Read More 

Sally Kimangu, CEO Destination Imagination Africa

Individually, I think we’re all responsible for the way we think and the way we behave – all day,  every day. As women, it’s high time to let go of the stereotypical and societal beliefs that we  have clung onto which is limiting our impact in society and the world at large. Change is the only thing that remains to be constant, with reference to this year’s theme as we  commemorate International Women’s Day – 2022, I believe we can break bias in our  communities, workplaces, schools, universities and all works of life. We just need to make  conscious efforts in order for us to move ahead and level the playing field. 

Onyinye Udokporo, CEO of Enrich Learning

This year’s international women’s day theme, #BreakingTheBias is a significant one. Why? Because for as long as I can remember, there has always been one, or in some cases, several bias against women. Read More

Victoria Trochoux, Serial Entrepreneur & Keynote Speaker

We are a human force that nurtures and uplifts the world. Let us not wait to be hailed for our grace, courage and determination. As Talleyrand aptly said, “Where so many men have failed, a woman can succeed. Therefore, let’s break the prejudices and stereotypes, let’s be masters of our destiny because there’s a bigger dream for us #BreakTheBias

Natalie Nkembuh, Founder of Evolve Media Holdings Limited

Women can move mountains when they work together to support each other, co-create and give everyone the opportunity to take a step further towards attaining set goals. Unfortunately, this is often overlooked. An inclusive society where women feel at home just like men in key roles and decision-making positions, at the level of access to institutions and finance will go a long way to ensure this.

The BAO Inspirining Women #BreakingTheBias is proudly supported by Aruwa Capital Management, The Flux Group and Vines By Rosa. All female-led companies making a huge impact.

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Deborah Bless, African storyteller and cook partners with Chat GPT 3 to launch “Love Envoy”

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Deborah Bless, all known as Deborah Ogwuche, has made history today as one of the world’s first AI romance co-authors. The partnership between Deborah Bless and Chat GPT 3 to Co-author the book “Love Envoy” is among the first creative collaboration between an artificial intelligence and a human. The collaboration is unique because it explores boundless opportunities and how AI will shape  innovation in the writing profession.

According to Deborah Bless, the incorporation of AI in the writing of “Love Envoy” was like having a mentor to keep her focused and build a captivating piece that surpasses readers’ standards. In addition, she mentioned that the lucidity provided by AI in word selection and developing excitement was extraordinary and beyond her expectations.

Titled “Love Envoy,” the book tells the story of an immigrant Nigerian single mother on a journey of self-discovery and budding romance with an unlikely character. This book is expected to be the first of many AI co-authored works that will take the literary world by storm.

“Love Envoy” is launched today, April 1st, 2023 and will be made available to the public through Deborah Bless’s website, as well as notable book platforms. 

Deborah Bless expressed her excitement about the launch of “Love Envoy,” saying, “I am thrilled to have worked with OpenAI’s Chat GPT 3 on this groundbreaking project. I believe that this collaboration will inspire other writers to explore the possibilities that AI presents in co-authoring works of literature. I also cannot wait for readers to experience this captivating love story.”

For more information on “Love Envoy” and Deborah Bless’s works, visit her website and other leading book and social media platforms.

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Marius Botha: Insurtech booms on back of fintech’s success story

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Marius Botha, Group CEO of aYo Holdings 

The past couple of years have been brutal for the African continent. We’ve been through Covid-19, and now we’re living through turbulent socio-economic times, with high inflation and rising prices causing untold consumer hardship in most countries. But despite this, the fintech industry is booming, thanks largely to exponential growth in mobile network coverage and smartphone use.

Indeed, Briter Bridges’ Africa Investment Report 2022 paints a picture of Africa as an increasingly viable investment destination, with growing numbers of major deals over the past 12 months alone. Needless to say, fintechs continue to dominate the market, grabbing up to 60% of all deals over the past half decade, including the highest value and highest profile deals.

As a result, African consumers are rapidly becoming more used to using digital financial products like Mobile Money (MoMo) and payments from the palm of their hand. And this is good for related industries like insurtech, which is surging as consumers transition to a world where financial services are easily accessible via mobile phone and transacted via apps and other channels.

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What’s particularly encouraging is the growth in early-stage support networks, which involve angel networks, seed funds and accelerator cohorts. Many promising start-ups, especially those in less glamorous parts of the fintech market, fail in their early stages precisely because of a lack of funding, and a greater appetite by funders to take on these risks can only benefit the continent’s fintech sector.

One of the major success stories for us has been the appetite for microinsurance in Africa, which has traditionally been the world’s most uninsured, and underinsured, continent. As its name suggests, microinsurance is small, rapidly underwritten financial protection that offers consumers financial protection against specific risks – like hospital cover for accidents, for example – for tiny premiums. Typically, policyholders can buy cover and claim directly from their mobile phones.

According to the IMARC Group’s latest report on global microinsurance trends, the market will grow to more than US$111 billion worldwide by 2027. A sizeable chunk of this growth will take place in Africa, where we’re only just scratching the surface of the demand for financial services products that make people’s lives easier and bring them into the financial mainstream.

What’s important about the growth of microinsurance is its impact not only on individuals and communities, but on entire economies. The impact of being insured is transformative: it not only drives greater financial inclusion, but it shields people with lower incomes from the economic shocks that would otherwise keep them locked into an endless cycle of poverty.

The kicker is that in spite of massive growth in investment into the continent in the past few years, all of Africa’s venture capital still only makes up around 1% of the world’s VC money. We’re still in our baby shoes. The phenomenal growth we’ve seen in fintech and start-ups in Africa in the past decade is only the beginning. We are still just exploring the potential of fintech and microinsurance to transform the lives of our people. 

Our continent is hungry for financial inclusion. We’re increasingly ready to take our place at the world’s top economic tables. In spite of the uncertain economic times we’re dealing with, the only way is up. It’s a great time to be in Africa.

By-lined by Marius Botha

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Financial Realism in 2023

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Financial Realism in 2023 by Nchimunya Muvwende

It is the beginning of a new year, a fresh start that allows people to make resolutions and plans that can improve their lives. Many people’s lives have been ruined by a lack of realistic financial planning, which makes plans appear to be mere wishes. In our day, living beyond means has increasingly become a major cause of financial burdens that has affected individuals, marriages, businesses and countries. As you make your plans for this year, what factors should you put into consideration?

Societal pressure

Since we are all products of society, it stands to reason that the people we live with will have the biggest impact on how we choose to live. A lot of people have become indebted as a result of trying to appease society. Society will try to dictate what it views people should have or acquire but not provide the financial means for it. We find people hosting weddings beyond their financial means hence resorting to debt, people living in areas they can’t afford, buying cars which they can’t maintain, eating in expensive places and post on social media, all in a name of showing off that they too can afford.

In making 2023 plans, we should realize that living lives that aim to impress others but are beyond your financial means only serves to mess up your life. You should reflect how societal pressures has broken down marriages, depressed many and ruined the good plans that should have been implemented overtime. It is never a good idea to live above your means, get married on credit, rent a house that takes up practically all of your salary, or simply borrow for showoff. Remember that an expensive wedding is not a key to a successful marriage nor do expensive rentals guarantee good homes. The sad reality is that the lack of being real with ourselves has led people in a loop of debt that is increasing becoming impossible to escape and has in some unfortunate situations led to suicide cases.

Regardless of the pressure society exerts, if it is not supplying the resources, it should not promote notions that would only worsen people’s financial situations. As you plan your activities, realistically consider your financial situation, budget within your means and independently ensure that your future is not compromised by the desire to appease society. Do not buy things you do not need to impress people who may not even value you.

Life adjustment

According to the adage that life is full of ups and downs, there will be periods when things go as planned and when they don’t. Accepting that things have changed and the need for adjustment to a different environment has become a challenge, hence causing financial burdens. People are resisting adapting to changes in their circumstances. A person continues to live in an expensive rented home, drives an expensive car, maintains their children in an expensive school, and otherwise continues to lead a lavish lifestyle even after losing their job or having their business fail. Failure to adjust to circumstances and living a borrowed life only serves to create a stressful life.

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To sustain a lifestyle after a reduction in income, borrowing of money becomes an alternative. A lesson can be learnt from chameleons, creatures that change their color to suit their environment and this serves to protect them from certain dangers. You need to understand that downgrading your expenditure when your income changes serves to protect you from further worse financial repercussions arising from maintaining the status quo. Surely, why should you continue accumulating rental arrears when you can shift to a cheaper house, why incur higher fuel expense when you can move to a more fuel efficient vehicle and why should you keep faking your life to appease people who won’t help improve your financial situation? It is time that you realize that life has its own twists and turns that require us to adjust as you figure out a way to come out even stronger.

As you plan for this year, live life according to your means, buy what you can afford and borrow only when necessary. Remember that life is not a race, it is thus important that you are realistic in your planning and execution of them. A borrowed life is both never good and is only a time bomb. 

Prioritization 

The money that we are able to generate limits the standard of life that we can comfortably afford. In this New Year, we all should evaluate how we have lived in the past, whether we are living a genuine life and what has caused financial constraints. We should prioritise our spending to areas that matter the most. Instead of borrowing for showoff, why don’t you use that car for business? Why not focus on reducing financial pressure in marriage by hosting a wedding that is within your means? Why not shift to a cheaper house, downgrade your car or phone and use that excess money for investment? Why should you continue holding on to debt, borrowing from whatever means you can and end up living a depressed life? In this New Year, let us all focus on what is important, postpone what can be done and prioritise what improves our welfare. Simple rule, if it’s not a necessity, don’t borrow to get it. 

Since the New Year promises a fresh start, may this be the year that we are honest with ourselves by objectively assessing our financial condition and developing a budget-friendly strategy as we explore ways to increase our financial security. We should restructure our spending in 2023, only borrow when absolutely necessary, and instead save, invest, and generate wealth.

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