Friday
June 19
2026

Viewpoint: The Third Wave of American Philanthropy in Africa

By Ben Hyman

Billions of dollars of new philanthropic capital may soon flow towards Africa.

Nan Ransohoff’s recent article “The third wave of American philanthropy” highlights the impending wave of new philanthropy as a result of the rapid growth of Anthropic and OpenAI. She suggests we may see roughly another $50bn of annual philanthropic spending from the US.

Source: Africa Jobs Fund Substack (link opens in a new window)

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Tags
artificial intelligence, corporations, philanthropy, poverty alleviation