News
Bill Gates to Spend Majority of $200 Billion Pledge on Africa’s Future
At the end of 20 years, the foundation will sunset its operations.
ADDIS ABABA (June 2, 2025 :
In an address today in Nelson Mandela Hall at the African Union, Gates Foundation Chair Bill Gates , announced that the majority of his $200 billion spending over the next 20 years will go to Africa with a focus on partnering with governments that prioritize the health and well-being of their people.
Gates therefore urged African leaders to seize the moment to accelerate progress in health and development through innovation and partnership, despite current headwinds.
“I recently made a commitment that my wealth will be given away over the next 20 years.
The majority of that funding will be spent on helping you address challenges here in Africa.”
Addressing over 12,000 government officials, diplomats, health workers, development partners, and youth leaders in person and online, he underscored the critical role of African leadership and ingenuity in driving the continent’s health and economic future.
“By unleashing human potential through health and education, every country in Africa should be on a path to prosperity – and that path is an exciting thing to be part of,” Gates said.
Following his address, Gates joined Paulin Basinga, the foundation’s Africa director, in a fireside chat to discuss Africa’s development agenda and the investments and partnerships needed to drive future progress.
From Addis Ababa, Gates will travel to Nigeria, where he will meet with President Bola Ahmed Tinubu and engage with federal and state leaders to discuss Nigeria’s primary health care reforms.
Calls for collaboration and shared responsibility were delivered by prominent African leaders, including Dr. Ngozi Okonjo-Iweala, director-general of the World Trade Organization, and Amina J. Mohammed, deputy secretary-general of the United Nations.
Renowned advocate for women and children, Mrs. Graça Machel, described the current situation as “a moment of crisis” and emphasized the importance of enduring partnerships in Africa’s development journey.
“Mr Gates’ long-standing partnership with Africa reflects a deep understanding of these challenges and a respect for African leadership, ideas and innovation,” she said.
“We are counting on Mr Gates’ steadfast commitment to continue walking this path of transformation alongside us.”
Dr. Ngozi Okonjo-Iweala emphasized that Africa’s health progress is a result of strong government leadership, resilient communities, and partnerships that deliver results.Gates called for prioritizing primary healthcare, emphasizing that “investing in primary healthcare has the greatest impact on health and wellbeing.”
“With primary healthcare, what we’ve learned is that helping the mother be healthy and have great nutrition before she gets pregnant, while she is pregnant, delivers the strongest results. Ensuring the child receives good nutrition in their first four years as well makes all the difference.”
Gates highlighted how countries like Ethiopia, Rwanda, Zimbabwe, Mozambique, Nigeria, and Zambia are showing what’s possible when bold leadership harnesses innovation.
From expanding frontline health services and using data to cut child mortality to deploying advanced tools against malaria and HIV, and safeguarding primary healthcare despite fiscal strain—these country-led efforts are driving scalable, homegrown progress.
Reflecting on more than two decades of engagement on the continent, Gates said, “I’ve always been inspired by the hard work of Africans even in places with very limited resources.”
He added, “The kind of fieldwork to get solutions out, even in the most rural areas, has been incredible.”Gates spoke about the transformative potential of artificial intelligence, noting its relevance for the continent’s future.
He praised Africa’s young innovators, saying he was “seeing young people in Africa embracing this, and thinking about how it applies to the problems that they want to solve.”
Drawing a parallel to the continent’s mobile banking revolution, he added, “Africa largely skipped traditional banking and now you have a chance, as you build your next generation healthcare systems, to think about how AI is built into that.”
He pointed to Rwanda as an early example of this promise, noting, “Rwanda is using AI to improve service delivery. E.g. AI-enabled ultrasound, to identify high-risk pregnancies earlier, helping women receive timely, potentially life-saving care.”
In Ethiopia and Nigeria this week, Gates will see first-hand the state of health and development priorities in the wake of foreign aid cuts, and he will affirm his and the foundation’s commitment to supporting Africa’s progress in health and development over the next 20 years.
“Our foundation has an increasing commitment to Africa,” Gates said. Our first African office was here in Ethiopia about 13 years ago. Now we have offices in South Africa, Kenya, Nigeria and Senegal.
That’s a great way for us to strengthen partnerships.”While in Ethiopia, Gates met with Prime Minister Abiy Ahmed and heard how Ethiopia is sustaining the momentum on critical reforms, expanding essential services, and remaining resilient amid shifting global aid dynamics.
Gates also took part in a roundtable with the Ethiopian Public Health Institute on the country’s iodine-folic acid double-fortified salt initiative.
From Addis Ababa, Gates will travel to Nigeria, where he will meet with President Bola Ahmed Tinubu and engage with federal and state leaders to discuss Nigeria’s primary health care reforms.
He will also participate in a Goalkeepers Nigeria event focused on Africa’s innovation future and meet with local scientists and partners shaping Nigeria’s national AI strategy and scaling up health solutions.
Gates’s trip follows the foundation’s historic announcement on May 8 that it would spend $200 billion over the next 20 years to advance progress on saving and improving lives and Gates’ commitment to giving away virtually all of his wealth to the foundation in that timeframe.
Over the next two decades, the foundation will work together with its partners to make as much progress as possible towards three primary goals: end preventable deaths of moms and babies; ensure the next generation grows up without having to suffer from deadly infectious diseases; and lift millions of people out of poverty, putting them on a path to prosperity.
At the end of 20 years, the foundation will sunset its operations. Over the last two decades, the Gates Foundation has worked alongside African partners to save lives, develop vaccines, and strengthen systems.
It has helped catalyze more than 100 innovations and contributed to saving more than 80 million lives through Gavi and the Global Fund to Fight AIDS, Tuberculosis, and Malaria.
News
Tinubu Returns to Lagos After Historic UK State Visit, to Spend Sallah Break
President Bola Ahmed Tinubu has returned to Nigeria following a successful two-day state visit to the United Kingdom, arriving in Lagos alongside First Lady Senator Oluremi Tinubu.
The President is expected to spend the upcoming Sallah break in the city.
He received a warm welcome at the airport from senior government officials, including Chief of Staff Femi Gbajabiamila, with applause from gathered supporters and well-wishers.
The visit, hailed as historic and the first full state visit by a Nigerian president to the UK in nearly 40 years, aimed to deepen diplomatic, economic, and trade relations between the two countries.
Key engagements included a royal reception and state banquet hosted by King Charles III and Queen Camilla at Windsor Castle, as well as high-level bilateral talks with Prime Minister Keir Starmer at Downing Street.
A major achievement was President Tinubu witnessing the signing of a £746 million financing agreement backed by UK Export Finance (UKEF).
The deal, involving Nigeria’s Ministry of Finance, the Nigerian Ports Authority, Citi Bank, and other partners, will fund the modernization and refurbishment of two vital Lagos seaports: the Lagos Port Complex (Apapa) and the Tin Can Island Port Complex.
The project is designed to reduce congestion, improve efficiency with modern systems, boost Nigeria’s role as a leading maritime hub in West and Central Africa, and include commitments to sourcing components from the UK.
The engagements highlighted strengthened bilateral cooperation, record trade levels, and mutual interests in infrastructure development and sustainable growth.
News
Twining Boosts UK’s Investment in Nigeria By £24mn Ovaltine factory
Located on Wempco road, Ogba, Lagos, Ovaltine has been available and popular in Nigeria since the 1930s via imports.
The manufacturing facility marks the commencement of direct, local manufacturing of the brand by Twinings.
British beverage maker Twining Ovaltine is pumping a fresh £24 million into its Lagos manufacturing facility in an efforts to strengthen the bilateral trade between Nigeria and the United Kingdom.
This is disclosed in a statement a statement issued by the UK’s Department of Business and Trade.It said that the investment will create over 100 direct jobs and boosting the company’s exports across West Africa.
Peter Kyle, the UK’s business and trade secretary, said that with bilateral trade now at an all-time high of £8.1 billion a year, the UK and Nigeria are showing how countries grow faster when they grow together.
He emphasised that as the two economies continue to enhance cooperation and trade relations, the investment plans will provide jobs for both countries while transforming lives.
“With Nigerian firms creating jobs across the UK and British businesses expanding into one of the world’s fastest-growing markets, our partnership is strengthening both economies and delivering real benefits for people in both countries,” Kyle said.
Meanwhile, located on Wempco road, Ogba, Lagos, Ovaltine has been available and popular in Nigeria since the 1930s via imports.The manufacturing facility marks the commencement of direct, local manufacturing of the brand by Twinings.
News
Insecurity: PDP says Nigeria’s Safer in 2015 Than Today
In the statement signed by Comrade Ini Ememobong, National Publicity Secretary, the party sympathise with the families who have been affected by bombing and calls on the federal government to move beyond rhetoric in security matters.
Opposition party -The Peoples Democratic Party (PDP) has beaten it’s chest saying, “There is no one, including the President, who will not agree that our country was safer in 2015 than it is today.”
In a statement on Tuesday, the opposition party referenced the recent multiple bombings in Maiduguri, resulting in at least 23 deaths and injuring more than 100 people, alleging that “it was another incontrovertible piece of evidence of the inability of the APC-led federal government to curb the growing insecurity in the country.”
This bombing is an unfortunate addition to the numerous acts of grave insecurity that have occurred under the watch of President Bola Tinubu, who was the loudest campaign voice for the APC, promising to end insecurity immediately if his party is elected. Sadly, 11 years later, insecurity has not only increased significantly in the Northeastern part of Nigeria; it has spread almost uncontrollably to many other parts of the country that were hitherto very safe and peaceful.
Despite this glaring failure, the APC-led Presidency has devoted more time, energy, and resources to the task of political genocide against the opposition, instead of deploying the same to combat the growing insecurity that has become the lived reality and new normal of Nigerians.
In the statement signed by Comrade Ini Ememobong, National Publicity Secretary, the party sympathise with the families who have been affected by bombing and calls on the federal government to move beyond rhetoric in security matters and engage strategic stakeholders, especially community leaders, as part of a whole-of-society approach to combating insecurity.
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