Bill Gates Urges Wealthy Nations to Prioritize Aid to Africa and Debt Relief
Gates highlights the diversion of funds to Ukraine and global crises, calling for renewed focus on African development and health needs.
- Bill Gates emphasizes the need for increased financial support to African countries, which have seen a decline in aid due to global crises like the war in Ukraine.
- The Bill & Melinda Gates Foundation's annual Goalkeeper's report focuses on child malnutrition, projecting worsening conditions due to climate change.
- Gates calls for debt relief for low- and middle-income countries, recalling a 2005 initiative that wiped out $40 billion in debts for 18 of the world's poorest nations.
- The Organisation for Economic Co-operation and Development reported a 20-year low in aid to African countries in 2022, despite overall development assistance increasing since 2019.
- Melinda French Gates stepped down as co-chair of the foundation in May, leaving Bill Gates as the sole principal, with the foundation planning to grant $8.4 billion in 2024.