100WF expands into Africa

100 Women in Finance, a global organization dedicated to promoting gender diversity and empowerment in the financial industry, has recently expanded its reach to the African continent. With 31 locations worldwide, the organization has announced its presence in both Kenya and South Africa. Anthea Gardner, Managing Partner at Cartesian Capital, shed light on the organization's background and mission during an interview on CNBC Africa. Founded in 2001 as 100 Women in Hedge Funds by three professional women working in the hedge fund sector, the organization aimed to address the lack of female representation in the industry. Over the years, it transitioned and rebranded as 100 Women in Finance, achieving its goal of 100 members in 2016. The organization focuses on peer engagement, impact, pre-career initiatives, and education. With over 20,000 registered members globally and 1,500 educational events, 100 Women in Finance has made significant strides in empowering women in finance. In South Africa, where gender diversity in leadership roles remains a challenge, the organization's presence is expected to catalyze positive change. With a vision of achieving 30% representation of women in senior investment roles and executive positions by 2040, the organization aims to provide networking opportunities and support for women at all stages of their careers, including students. Notably, membership is open to both men and women, reflecting the importance of inclusivity and diversity in the financial sector. The upcoming official launch event in South Africa, slated for June 8th, will feature Amanda Pullinger, CEO of 100 Women in Finance, and highlight the organization's commitment to promoting gender diversity in the industry. The event will include symbolic activities such as ringing the closing bell at the JSE and a Gala dinner sponsored by R&B, providing guests with networking opportunities and a platform to advocate for gender equality in finance.