Bill Gates pledges $200 billion to boost health, development in Africa.
U.S. businessman-philanthropist Bill Gates has called upon African leaders to unite with him in promoting health and development across the continent. He also emphasized that his foundation will collaborate with nations prioritizing the health of their citizens. On Tuesday, the U.S. billionaire announced that the majority of his philanthropic Gates Foundation‘s $200 billion endowment will be allocated to Africa over the next two decades. Gates, who stated on May 8 that he plans to wind down the foundation by 2045, made this commitment while speaking to African leaders in Addis Ababa, Ethiopia.
“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,” Gates remarked, urging leaders to enhance health and development through collaboration and innovation.
