To mark International Women’s Day, the Nairobi Securities Exchange (NSE), in collaboration with the International Finance Corporation (IFC), Global Compact Network Kenya, and UN Women, joined over 100 stock exchanges globally to Ring the Bell for Gender Equality.
This annual event encourages the private sector to scale up efforts to achieve gender equality in their markets, industries, and organizations by adopting and implementing the Women’s Empowerment Principles (WEPs).
Speaking during the ceremony, Hon. Rebecca Miano, Cabinet Secretary, Ministry of Tourism & Wildlife, remarked, “Gender equality is both a moral imperative and an economic necessity. When women are empowered, entire communities thrive. The private sector must take bold, decisive action to dismantle barriers, foster inclusive leadership, and invest in women as key drivers of sustainable economic growth. Together, we can shape a future where no woman or girl is left behind.”
Frank Mwiti, CEO of NSE, reiterated the NSE’s commitment, stating, “The Nairobi Securities Exchange is proud to lead Kenya’s private sector in championing gender equality through initiatives such as Ring the Bell for Gender Equality. At NSE, we recognize that diverse and inclusive financial markets are key drivers of economic resilience and innovation. As part of our strategic vision, we are committed to fostering inclusive capital markets that empower women investors, entrepreneurs, and leaders.
Alongside IFC, UN Global Compact, and UN Women, we reinforce our dedication to building inclusive markets and expanding opportunities for women and girls to succeed.”
The IFC Regional Director for East Africa emphasized that the 11th Ring the Bell ceremony reaffirms IFC’s dedication to gender equality and innovation. She highlighted the importance of gender diversity in corporate leadership and the need to invest in women-led enterprises. “The strides women have made are a testament to their determination and the power of partnerships, innovative technology, and business models that create a more inclusive and equitable world.”
Echoing this sentiment, Judy Njino, Executive Director of Global Compact Network Kenya, stated, “Equality, fairness, and respect are fundamental to sustainable and responsible business. The private sector holds immense power to dismantle systemic barriers and unlock the full potential of women and girls as drivers of economic transformation. As we ring the bell, we call on businesses to take bold action and accelerate progress towards gender equality. 150 years is too long to wait – the time to act is now.”
UN Women Kenya Country Representative, Ms. Antonia N’gabala Sodonon, emphasized the organization’s pivotal role in ensuring gender equality remains at the heart of all United Nations (UN) efforts. “In a One-UN approach, we drive real impact for gender equality, ensuring there is a unified force and collaboration with all actors to deliver coordinated, scalable, and sustainable solutions,” said Ms. Sodonon.
She further highlighted that through the UN Sustainable Development Cooperation Framework (UNSDCF), UN Women collaborates with governments, businesses, and other stakeholders to accelerate gender equality across all sectors. “This means equipping institutions with the right tools, data, and resources to integrate gender equality into decision-making processes — whether in governance, workforce policies, or procurement strategies,” she added.
The event coincided with the 30th anniversary of the Beijing Declaration and Platform for Action, reaffirming the collective commitment to advancing women’s rights and economic empowerment.
Related Content: Family Businesses Urged To List On NSE And Grow
