Africa Enterprise Challenge Fund Consultancy to undertake a gender audit of The AECF Jobs in Kenya
Consultancy to Undertake a Gender Audit of AECF
1.0 The AECF
The Africa Enterprise Challenge Fund (AECF) is a development finance institution leading holistic transformation of rural communities in Africa. We seek to alleviate poverty in the continent by unlocking the power of the private sector working in agri-business, renewable energy and gender to impact rural and marginalized communities in order to achieve Sustainable Development Goals.
With the vision to build “A Prosperous and Enterprising Rural Africa”, AECF provides high-risk, small and growing businesses with patient, low-cost financing and advisory support services to pilot, refine and scale their operations and ideas.
The fund has mobilized US$ 356 million to date along with US$ 658 million in matching capital from the private sector, supporting 268 companies across 26 sub - Saharan African countries, in more than 40 value chains in agribusiness and renewable energy.
AECF is headquartered in Nairobi, Kenya. In the next three years, we are targeting to achieve a cumulative US$ 1 billion in additional beneficiary income; US$ 1 billion in matching funds attracted; 25 million lives positively impacted annually, 50% being women; and 20,000 jobs directly created by funded investees, 70% being youth.
2.0 Gender Lens Investing
It is both a commitment to achieving some headline figures - at least 50% of development impact accruing to women across the investment portfolio, 35% of portfolio companies being women-led and 40% of jobs created in these companies held by women – and to reorient the investment process to find, nurture and grow business that are providing innovative solutions to increase gender equality in rural communities at the household, business and market levels.
In addition, AECF has set aside targets to mainstream gender at institutional level through demonstrating equitable practices and inclusiveness by mainstreaming gender through the structure and culture of the entire organisation. AECF will regularly conduct a critical review of its policies, practices and culture to ensure that it is creating an inclusive workplace that promotes equality between women and men in all aspects.
AECF will also work to create an inclusive culture by engaging staff at all levels, board members, funders, investees and other stakeholders on the results and reflections surrounding its mainstreaming work. In line with this strategy, AECF is seeking a consultant to conduct a gender audit of its processes, policies and systems to ensure gaps and opportunities to mainstream gender within its institution.
Objective
The objective of the gender audit is to provide a baseline for gender equity and gender diversity in the workforce at AECF. This includes a thorough assessment of:
a) All workforce policies, such as resourcing and talent planning, leave, flexible work, and workplace safety, safeguards including policies on gender-based violence.
b) Recruitment, total reward package, performance management, promotions, career development support, leadership development and benefits to identify gender-related trends and identify any potential areas of bias or discrimination.
c) Assessment of the organizational culture: Do men and women perceive themselves to be equally included in the workplace? Are there instances of bias, discrimination or ways in which men or women may feel unsafe or discriminated against based on their gender? This assessment also includes the extent to which men and women feel that gender diversity and gender equity are prioritized and the extent to which this is a corporate priority.
3.0 Scope of Work
The gender auditors will be responsible for:
a) Developing a detailed gender audit methodology, and designing detailed sets of questions and intended approaches, such as key informant interviews, focus groups, surveys, and policy and analysis review.
b) Recruitment and onboarding procedures review: Are there explicit or implicit indicators of bias or discrimination? Are recruitment efforts inclusive, or do they send signals discouraging female applicants? Are selection panels gender-balanced? Have they received gender bias training? Are interview procedures standardized and transparent? Are candidate assessments conducted impartially and transparently? Are managers accountable for increased gender diversity in teams? Evaluate gender bias in corporate recruitment and opportunities for improvement.
c) Policy review: Does the company have a gender diversity and/or equity strategy? Does it have non-discrimination policies covering wages, promotion, flexible work, and benefits?
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