Gates: Foundation to Invest $5B in Africa Over Next 5 Years
JOHANNESBURG — Microsoft co-founder and philanthropist Bill Gates said Sunday his foundation will invest another $5 billion in Africa over the next five years. Gates delivered the Nelson Mandela Annual Lecture ahead of Mandela Day, when South Africans are encouraged to donate 67 minutes of their time to help others. Gates is also in South Africa to attend a global AIDS conference that starts Monday.
Gates said the Bill & Melinda Gates Foundation has already invested more than $9 billion in Africa. Health is a major focus.