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Bill Gates Pledges $200 Billion to Boost African Health and Education over 20 Years

He pledged at the African Union to close the foundation by 2045 after channeling his fortune into primary care, nutrition and AI projects designed to sustain progress as aid levels fell.

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Microsoft Founder Bill Gates

Overview

  • Gates committed 99% of his estimated $200 billion fortune to African healthcare and education initiatives over the next two decades.
  • The funding will prioritize primary healthcare, maternal and child nutrition programs, and basic education projects across the continent.
  • The Bill & Melinda Gates Foundation will wind down by 2045 after deploying its final assets to address pressing health and development challenges.
  • He urged adoption of artificial intelligence in health systems, citing AI-driven ultrasounds in Rwanda as an example for early risk detection.
  • Gates confirmed his three children will inherit less than 1% of his wealth, emphasizing his belief that vast inheritances do not benefit heirs.