Bill Gates has pledged to donate the majority of his estimated $200 billion fortune to enhance health and education across Africa. Speaking at the African Union headquarters in Addis Ababa, Ethiopia, Gates outlined plans to channel these funds through the Bill & Melinda Gates Foundation over the next two decades, with the foundation set to conclude its operations by 2045. Gates emphasized that his philanthropic efforts aim to empower human potential by improving maternal care, child survival, nutrition, and combating infectious diseases. He criticized recent U.S. foreign aid cuts, attributing setbacks such as halted medical trials and shortages of vital medicine to these reductions. Gates expressed a desire to be remembered for his contributions to global development rather than for accumulating wealth.
The foundation's initiatives will prioritize:
Reducing Maternal and Infant Mortality: Implementing programs to improve maternal health and reduce infant mortality rates.
Eradicating Infectious Diseases: Focusing on eliminating diseases such as malaria and polio.
Enhancing Education: Investing in educational infrastructure and access to quality education.
Leveraging Technology: Utilizing artificial intelligence and other innovations to address challenges in healthcare, education, and agriculture.
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Gates highlighted Nigeria as the largest recipient of the foundation's funds in Africa, citing its population size and significant needs. The foundation has already invested over $7 billion in African countries, focusing on health, agriculture, gender equality, and poverty alleviation. With the foundation's planned closure in 2045, Gates aims to ensure that the funds are utilized effectively to create a lasting impact. He remains dedicated to supporting African nations in achieving sustainable development and improving the quality of life for their populations.
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