Bill Gates Pledges $7 Billion to Boost Health, Agriculture in Africa

  • Foundation to focus on five African nations over next 4 years
  • South Africa, Nigeria, Kenya among nations to get grants

Bill Gates

Photographer: Michael Nagle/Bloomberg
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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 organization. The grants are in addition to the financing the foundation has made to organizations fighting AIDS, tuberculosis and malaria, it said.