The Nairobi Securities Exchange (NSE) has once again taken a stand for gender equality, joining over 100 stock exchanges across the world in the Ring the Bell for Gender Equality event.

In collaboration with the International Finance Corporation (IFC), Global Compact Network Kenya, and UN Women, NSE used the occasion to push for stronger commitments from the private sector to support women’s empowerment.

This year’s theme, “For ALL Women and Girls: Rights. Equality. Empowerment.”, underscored the urgency of addressing gender disparities by advancing women’s rights, removing systemic barriers, and expanding access to leadership, education, and innovation.

The campaign also aligned with the broader global message, “Invest in Women: Accelerate Progress.”, urging businesses to take direct action.

Addressing participants at the event, Tourism and Wildlife Cabinet Secretary Rebecca Miano highlighted the link between gender equality and economic growth, stating that inclusive policies benefit entire societies.

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"Gender equality is both a moral imperative and an economic necessity. When women are empowered, entire communities thrive," Miano stated.

"The private sector must take bold, decisive action to dismantle barriers, foster inclusive leadership, and invest in women as key drivers of sustainable economic growth."

NSE CEO Frank Mwiti echoed this sentiment, reaffirming the exchange’s dedication to fostering inclusive financial markets that empower women investors and entrepreneurs.

He noted that diverse leadership and gender-inclusive economies contribute to resilience and innovation.

"We recognize that diverse and inclusive financial markets are key drivers of economic resilience and innovation," Mwiti said.

"As part of our strategic vision, we are committed to fostering inclusive capital markets that empower women investors, entrepreneurs, and leaders."

He mentioned that together with IFC, UN Global Compact, and UN Women, they reaffirm their commitment to fostering inclusive markets and creating more opportunities for women and girls to thrive.

The IFC Regional Director for East Africa, Mary Porter Peschka, used the platform to stress the importance of female representation in corporate leadership and called for increased investment in businesses run by women.

She pointed out that progress in gender equality has been fuelled by innovation and strong partnerships.

"The strides women have made are a testament to their determination and the power of partnerships, innovative technology, and business models that create a more inclusive and equitable world," Peschka said.

Judy Njino, Executive Director of Global Compact Network Kenya, urged businesses to move beyond discussions and take decisive action.

She warned that waiting too long would only slow economic progress.

"The private sector holds immense power to dismantle systemic barriers and unlock the full potential of women and girls as drivers of economic transformation," Njino said.

"As we ring the bell, we call on businesses to take bold action and accelerate progress towards gender equality."

"150 years is too long to wait – the time to act is now," Njino emphasised.

From the UN’s perspective, ensuring that gender equality remains at the core of development efforts is crucial.

UN Women Kenya Country Representative Antonia N’gabala Sodonon, spoke about the significance of a collective approach to achieving meaningful change.

“In a One-UN approach, we drive real impact for gender equality, ensuring there is a unified force and collaboration with all actors to deliver coordinated, scalable, and sustainable solutions.," Antonia remarked.

She further explained that UN Women is working with key stakeholders to ensure that gender considerations are embedded in governance and economic strategies.

“This means equipping institutions with the right tools, data, and resources to integrate gender equality into decision-making processes — whether in governance, workforce policies, or procurement strategies.”

The event coincided with the 30th anniversary of the Beijing Declaration and Platform for Action, a landmark framework for gender equality.

As leaders renewed their pledges, the key question remains—how quickly these commitments would translate into tangible results that benefit all women and girls, with calls for action growing louder.