the condition of having or being composed of differing elements : variety; especially : the inclusion of different types of people (as people of different races or cultures) in a group or organization
Note the words "differing elements" - emphasis on "differing".
So how come a recruitment and information fair for blacks and Asians can be called a "Diversity Fair"? Where is the diversity in events solely for non-white people? A workforce could hardly be described as "diverse" if it consisted solely of coloured could it?
More on this fair here.