Microsoft co-founder Bill Gates has declared his intention to donate a significant portion of his $200 billion fortune primarily to improve health and educational services across Africa over the next 20 years. Speaking in Addis Ababa, Ethiopia, Gates emphasized that empowering individuals through health and education would pave the way for prosperity for everyone on the continent.
He called on young innovators in Africa to explore the potential of Artificial Intelligence (AI) to bolster healthcare, noting the transformative impact of mobile technology on banking. "Africa has an opportunity to leapfrog traditional banking; now it can do the same with healthcare by incorporating AI," he stated.
During his address at the African Union headquarters, Gates revealed a commitment to contribute 99% of his wealth by 2045, ultimately leading to the conclusion of his foundation's activities. The former First Lady of Mozambique, Graça Machel, praised Gates' pledge, asserting it comes at a crucial time amid significant challenges.
Gates highlighted the necessity of focusing on primary healthcare, particularly emphasizing maternal health. He noted that ensuring a mother's health and nutrition before and during pregnancy, along with early childhood nutrition, yields the most significant results.
His foundation has delineated three main objectives: eradicating preventable maternal and infant death, safeguarding the upcoming generation from infectious diseases, and alleviating poverty for millions. Gates also mentioned Rwanda as a pioneering model, noting its use of AI-enhanced ultrasound technology to improve maternal health services.
Despite his efforts, Gates has faced criticism regarding the foundation's philanthropic practices, with some accusing it of leveraging its charitable status for tax benefits and exerting excessive influence on global health policies.
In a recent blog post, Gates expressed a strong desire to be remembered not for his wealth but for his charitable legacy, reinforcing his commitment to philanthropy inspired by fellow billionaire investor Warren Buffett. Even after giving away 99% of his fortune, he would still retain billionaire status, according to experts.
As Gates plans to accelerate his philanthropic efforts, his vision for Africa reflects hope and ambition amid the continent's unique challenges and opportunities.
