- About 32.9 per cent of African companies in the survey have no women on their boards, 33.6 per cent have only one woman on their boards, resulting in two-thirds of companies with minimal female presence at best. Just 18.9 per cent have two women on their boards
- The majority of African companies have at least 1 woman board director. However, about one-third (32.9 per cent) have 0 women on board, and another one-third only have one female director (33.6 per cent), so the majority of African companies have minimal women’s presence on boards.
- The companies with the highest percentage of women on boards are East Africa Breweries of Kenya (45.5 per cent), followed by two South African firms, Impala Platinum Holdings (38.5 per cent) and Woolworths Holdings (30.8 per cent).
- The percentage of women board directors in large-cap listed companies (which account for 30 per cent of companies) is 14.4 per cent, higher than mid- or small-caps, keeping in line with global patterns.