Women led companies remain a rarity across Africa in spite of a growing body of evidence that more diverse management produces better results. The trend of large, listed, women-led companies in Africa outperforming their male-run counterparts is consistent with trends seen in other parts of the world. Teresa Clarke, Chair of Africa.com, said, “This work represents one of the first analyses of the performance of publicly listed companies in Africa conducted through a gender lens. We look forward to advancing this work in the years to come.”For more information, please visit TheDefinitiveList.africa.com-Ends-Methodology:Africa.com analyzed 2,020 companies listed on the 24 African stock exchanges. Of the 2,020 companies, Africa.com screened for those companies with revenue of $100 million or more, or a market cap of $150 million or more, which yielded a list of 787 companies.

Source: The North Africa Journal April 24, 2023 22:21 UTC