Africa is going to be the largest beneficiary of $ 200 billion that the Gates Foundation plans to donate in the next two decades, Bill Gates’ co -founder said.
“Most of this funding will be spent to help you meet the challenges here in Africa“, He said at a rally of the African Union in Addis Ababa, Ethiopia on Monday, according to a statement sent by email from his institution.
The organization said last month that it plans to donate the money over 20 years before it closes in 2045. This means that Gates – who is today the fifth richest man in the world – plans to transfer many billions to his foundation as part of his goal to donate 99%. At the moment, his fortune is about $ 175 billion, according to the Bloomberg billionaire index.
The Foundation has disbursed more than $ 100 billion since it was founded by Gates and Melinda Freds Gates in 2000. Initially, the Foundation was to close 20 years after the death of Microsoft Corp.
Source: Skai
I am Janice Wiggins, and I am an author at News Bulletin 247, and I mostly cover economy news. I have a lot of experience in this field, and I know how to get the information that people need. I am a very reliable source, and I always make sure that my readers can trust me.
