Increasing Board Diversity and African Business Growth with U.S Black Executives
Despite high levels of education and proven ability, the pathway to the c-suite and paid board seats remains elusive for many Black executives in the United States.
B-Direct is an advisory firm on a mission to multiply corporate board opportunities for U.S. Black executives and entrepreneurs by preparing them for and connecting them to board placement on African-based corporations looking to scale nationally and internationally.
Africa is home to over 430 businesses with $1 billion in annual sales. Of this total 25% are subsidiary group companies of foreign domicile multinationals, 50% have a local origin, 40% are publicly listed, and 60% are privately owned.
We caught up with the B-Direct executive team, Larry Yon, Andra Ward, and Henri Ward to discuss:
In this interview we discuss:
- The importance of knowledge and resource sharing between African entrepreneurs on the Continent and Black professionals in the Diaspora.
- Why the US should pay more attention to the business environment on the Continent.
- What should US executives consider when taking on a board role in Africa
- Their unique approach to board placement
Interested candidates and corporations can learn more here.
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