01/12/2025
๐๐๐ญ๐๐ฅ๐ฒ๐ณ๐ข๐ง๐ ๐๐จ๐ฆ๐๐งโ๐ฌ ๐๐๐จ๐ง๐จ๐ฆ๐ข๐ ๐๐๐ซ๐ญ๐ข๐๐ข๐ฉ๐๐ญ๐ข๐จ๐ง, ๐
๐ซ๐จ๐ฆ ๐๐จ๐ฅ๐ข๐๐ฒ ๐ญ๐จ ๐๐ซ๐๐๐ญ๐ข๐๐
In partnership with UN Women, we are gathered today for the WEPs Quarterly Forum, a platform bringing together business leaders, regulators, and entrepreneurs to turn policy commitments on womenโs economic empowerment into practical, measurable action.
In her opening remarks, Judy Njino, Executive Director at Global Compact Network Kenya, underscored a truth we cannot overlook. Although women make up more than half of Africaโs workforce, they hold fewer than 20% of leadership positions. And while women own about 30% of registered businesses in Kenya, only 36% of MSME loans go to women-led enterprises. These disparities, across leadership and access to capital, continue to limit innovation, competitiveness, and the broader economic gains that come when women participate fully and equally.
Our panels are shifting that conversation. Regulators are responding directly to the questions that hold women back in trade, formalization, and compliance. Ms Patience Njau of KRA emphasized that KRA is an enabler of sustainable business, highlighting the role of eTIMS in helping SMEs formalize and maintain transparent documentation, a key requirement for accessing finance. She also raised concerns about PIN misuse, where womenโs data is used by others to register businesses and take opportunities meant for them. She noted upcoming improvements on tax refunds and VAT frameworks and encouraged womenโs groups to engage KRA both in person and virtually.
Ms Mildred Eboi of KEBS highlighted subsidized permit rates for MSMEs, ongoing efforts to curb counterfeit goods, and the continued role of Biashara Centres in helping entrepreneurs navigate certification and standards.
We are also hearing from private sector leaders such as Mucai Kunyiha, Eunice Mwongera and Augustine Wakaba, who are highlighting the business case for investing in women, from compliance and competitiveness to workforce stability and supply chain resilience. Entrepreneurs in the room are sharing lived experiences and practical guidance for women navigating market entry, scaling, and investor readiness.
This is what it looks like when policy meets practice, when government, the private sector, and development partners commit to unlocking economic opportunity for women at scale. More sessions are coming up throughout the day and we will continue sharing key takeaways.
If your organization is ready to advance gender equality in the workplace, marketplace, or community, we invite you to become a Womenโs Empowerment Principles signatory: https://www.weps.org/join