Gates foundation pledges R122 billion to boost healthcare, farming in Africa

accreditation
0:00
play article
Subscribers can listen to this article
Bill Gates at the COP26 climate conference in Glasgow, Scotland, in November 2021.
Bill Gates at the COP26 climate conference in Glasgow, Scotland, in November 2021.
Jeff J Mitchell/Pool/Getty Images


Bill Gates’ philanthropic foundation is pledging more than $7 billion to improve health, gender equality and boost farming productivity in Africa. 

The Bill & Melinda Gates Foundation will spend the funds over the next four years, according to a statement from the organisation. The grants are in addition to the financing the foundation has made to organisations fighting AIDS, tuberculosis and malaria, it said. 

Africa has been disproportionately hit by everything from conflicts to climate-change induced famines and floods. That’s left 278 million across the continent suffering from chronic hunger, the foundation said. It has also stymied sub-Saharan Africa’s progress at meeting its sustainable development goals including ending food scarcity and creating jobs, according to the United Nations.

"Our ambition is that by 2030, all sub-Saharan African countries have improved trajectories toward achieving SDGs," the foundation said in a statement. 

It is focusing on five countries where it believes it can have the greatest impact, according to the statement. The countries include Burkina Faso, Ethiopia, Kenya, Nigeria and South Africa. 

Nigeria, Africa’s most-populous nation, is likely to get most of the spending in the region, Bill Gates said at a briefing in Nairobi. He didn’t disclose other details. 

In Kenya, the Seattle-based foundation supports projects in agriculture, health, immunisation, nutrition, sanitation, financial services and gender equality among others. 

Gates, the co-founder of Microsoft, has a fortune of $112.8 billion, according to the Bloomberg Billionaires Index. The Gates Foundation has long been a powerhouse in the nonprofit world, employing almost 1 800 people and spending nearly $80 billion since 2000.


We live in a world where facts and fiction get blurred
In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed. 
Subscribe to News24
Rand - Dollar
17.38
+0.1%
Rand - Pound
21.41
+0.1%
Rand - Euro
18.89
+0.1%
Rand - Aus dollar
12.29
-0.1%
Rand - Yen
0.13
+0.3%
Platinum
1,010.68
+0.9%
Palladium
1,655.00
+0.4%
Gold
1,926.95
-0.1%
Silver
23.67
-0.3%
Brent Crude
85.46
+1.1%
Top 40
73,431
0.0%
All Share
79,477
0.0%
Resource 10
75,833
0.0%
Industrial 25
102,289
0.0%
Financial 15
16,145
0.0%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders