Pune Media

Bill Gates to direct majority of $200bn pledge towards Africa’s future

Gates Foundation chair Bill Gates has announced that the majority of his $200bn (R3.57-trillion) spend over the next 20 years will go to Africa with a focus on partnering with governments that prioritise the health and wellbeing of their people

In an address to the AU in Addis Ababa, Ethiopia, on Monday, Gates urged African leaders to seize the moment to accelerate progress in health and development through innovation and partnership, despite current headwinds.

“I recently made a commitment that my wealth will be given away over the next 20 years. The majority of that funding will be spent on helping you address challenges here in Africa.”

Addressing more 12,000 government officials, diplomats, health workers, development partners and youth leaders in person and online, Gates underscored the critical role of African leadership and ingenuity in driving the continent’s health and economic future.

“By unleashing human potential through health and education, every country in Africa should be on a path to prosperity — and that path is an exciting thing to be part of.”

After his address, Gates joined Dr Paulin Basinga, the foundation’s Africa director, in a fireside chat to discuss Africa’s development agenda and the investments and partnerships needed to drive future progress.

Calls for collaboration and shared responsibility were delivered by prominent African leaders, including Dr Ngozi Okonjo-Iweala, director-general of the World Trade Organisation, and Amina J Mohammed, deputy secretary-general of the UN.

Renowned advocate for women and children Graça Machel described the current situation as “a moment of crisis” and emphasised the importance of enduring partnerships in Africa’s development journey.

“Mr Gates’ long-standing partnership with Africa reflects a deep understanding of these challenges and a respect for African leadership, ideas and innovation. We are counting on Mr Gates’ steadfast commitment to continue walking this path of transformation alongside us,” Machel said.



Images are for reference only.Images and contents gathered automatic from google or 3rd party sources.All rights on the images and contents are with their legal original owners.

Aggregated From –

Comments are closed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More