Bill Gates said Monday that Africa will receive the lion’s share of the $200 billion that his charitable foundation plans to distribute over the next two decades, with the announcement shedding fresh light on the philanthropic goals of one of the world’s wealthiest men, who last month said he would give away the vast majority of his fortune.
“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 said in a speech at the African Union (AU) headquarters in Addis Ababa, the capital of Ethiopia, according to a statement from the Gates Foundation.
