BREAKING NEWS: Tech Billionaire Bill Gates unleashes $200 Billion to Africa, targets poverty, AI innovation
Bill Gates has pledged the lion’s share of his $200 billion fortune to Africa. The tech billionaire made this announcement on Friday at the African Union’s Nelson Mandela Hall.
He addressed a crowd of more than 12,000, including heads of state, diplomats, and youth leaders. His message was clear: health, innovation, and human development must be Africa’s top priorities.
Gates declared his wealth would be fully spent over the next 20 years. Most of it, he said, would go directly to Africa.
“The majority of that funding will be spent on helping you address challenges here in Africa,” Gates announced.
He stressed the need to invest in human potential, noting healthcare and education are the fastest paths to prosperity.
Gates hailed the achievements of Nigeria, Ethiopia, Rwanda, Zambia, and Zimbabwe. He praised their bold leaders for pushing reforms despite limited budgets and waning foreign aid.
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“With health and education, every country in Africa can chart a path to prosperity,” he said.
He emphasized that primary healthcare remains the most powerful way to impact lives, especially maternal and child care.
Gates said, “If a mother receives good nutrition before and during pregnancy, her child’s health improves dramatically.”
He added, “The first four years of a child’s life are critical for nutrition and development.”
Global leaders such as Dr. Ngozi Okonjo-Iweala and Amina J. Mohammed welcomed Gates’ commitment.
Graça Machel praised Gates’ deep-rooted trust in African governments and communities. She described the partnership as genuine and respectful.
Okonjo-Iweala said Africa’s progress was driven by strong policies and resilient populations.
She supported Gates’ focus on results-based funding and innovation-driven partnerships amid global donor fatigue.
Gates also spotlighted artificial intelligence as a major development tool. He called for AI integration in African health systems.
He cited Rwanda’s use of AI-enabled ultrasounds to detect high-risk pregnancies. The innovation is helping save lives in rural areas.
“I’ve always been inspired by Africa’s hard work and solutions even in remote places,” Gates added.
He later joined Dr. Paulin Basinga of the Gates Foundation to discuss sustainable collaboration.
The foundation currently operates in Nigeria, Ethiopia, Kenya, Senegal, and South Africa. It plans to deepen its reach.
Gates also met with Ethiopia’s Prime Minister Abiy Ahmed to discuss double-fortified salt and health reform initiatives.
He is expected in Nigeria for talks with President Bola Tinubu and discussions on the country’s AI strategy.
Earlier this May, the Gates Foundation announced a $200 billion pledge over 20 years.
The pledge aims to reduce maternal and child deaths, fight disease, and end poverty across Africa.
The foundation plans to sunset after the 20-year period, focusing on measurable transformation within its lifetime.
It has already helped save more than 80 million lives over the past 20 years through partnerships with Gavi and the Global Fund.
With over 100 breakthrough innovations supported, the Gates Foundation continues to reshape global health and opportunity.
Led by CEO Mark Suzman and chaired by Bill Gates, the Seattle-based organization remains committed to a healthy, productive Africa.
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