Kenya should implement inclusive policies in trade to support women in business.
This emerged during a Women Entrepreneurship and Innovation Summit which also heard that Africa could produce more successful women entrepreneurs if a number of obstacles are addressed and inclusive policies in trade implemented.
The Grant Thornton Women in Business Report 2018 says the percentage of businesses around the world with at least one woman in senior management has increased significantly, rising from 66% to 75% in 2017.
However, the proportion of senior roles held by women has marginally declined despite being the majority.
Women in business are being encouraged to embrace technology, which provides an equal platform for trade breaking would be barriers along the supply chain.
Building and construction, real estate and manufacturing have been identified as sectors with vast investment opportunities.
According to Optiven founder George Wachiuri, implementation of affirmative action policies is key in driving uptake of entrepreneurship among women.
Statistics indicate that women entrepreneurs continue to thrive in the global market-place with Nigeria having 95% of businesses with 30% proportion of senior roles held by women, while South Africa hit a new high of 80% of businesses with at least one woman in senior management and the highest proportion of senior roles held by women in a decade at 29%.