The Women in Ethics and Compliance in Africa network, (WECA), a new initiative creating a membership group for women executives and management leading the fight against corruption and non-compliance in business, made its debut at an online webinar co-hosted by the Bank on October 22.
Its organizers, leaders from the African Development Bank, the Coalition for Ethical Operations (CEO) and the United Nations Global Compact, announced the formation of the unique support organization for female leaders and executives working to curb unethical business practices in Africa.
“The formation of this network reiterates the Bank’s commitment to ensuring that sustainable development is hinged on bridging the gender gap, with emphasis on key areas such as ethics and compliance. We’re inviting women from all across the private and public sectors on the continent to join in and help in achieving the objectives of this network," said the Bank’s Director for Gender, Women and Civil Society, Vanessa Moungar.
African Women join fight against corruption
Sanda Ojiambo, Director-General of UN Global Compact, told the virtual audience of experienced ethics and compliance professionals that her organization supports WECA’s mission.
"The UN Global Compact is very much aligned with the objectives of the Women in Ethics and Compliance in Africa to advance coordinated ethical business practices, anti-corruption measures across the continent, and to empower a new generation of female leaders in the field," Ojiambo said.
The WECA network founding members said they plan to address the lack of avenues and support for ethical leadership. The network also aims to bridge the gap in human resources for ethics and compliance across the continent, through mentoring and coaching young women professionals for career progression.