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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.

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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.

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2027: Wike’s Tinubu endorsement sparks opposition firestorm

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The Peoples Democratic Party, New Nigeria Peoples Party, Coalition of United Political Parties, and others have strongly criticised the Minister of the Federal Capital Territory, Nyesom Wike, for openly declaring his plan to lead President Bola Tinubu’s 2027 re-election campaign.

During a media chat on Monday in Abuja, Wike described himself as a key asset in helping Tinubu win the 2027 election.

The former Rivers State Governor also insisted he was not involved in any anti-party activities and challenged the PDP to suspend him if they believed otherwise.

In response, the party’s Deputy National Youth Leader, Timothy Osadolor, urged Nigerians to disregard Wike’s comments, stating that the party would soon enforce its rules against the minister.

The CUPP’s Publicity Secretary, Mark Adebayo, labelled Wike as the “President’s hatchet man”, accusing him of working to dismantle opposition parties.

The NNPP asserted that Tinubu would be defeated in 2027 despite Wike’s endorsement.

Speaking on Monday during a media parley in Abuja, Wike said, “I am still in the PDP. I worked hard for the party.

I have not seen anybody who has the guts to tell me, ‘Wike, you are not a member of the party.’ Who is that? What is his contribution to the party that is more than mine?”

Wike noted that the PDP violated the agreement for a southern candidacy for President and supported former Vice President Atiku Abubakar, hence his refusal to endorse the party’s 2023 presidential candidate.

“In 2023, did I not tell you that I wouldn’t support their presidential candidate? I said, based on equity, justice, and fairness, the presidency should go to the South because you can’t have that and the national chairman at the same time.

“You, therefore, take one and give us one. Believing that Atiku would win, they said to hell (with it), and I said I was not going to support.

“So, why didn’t I leave the party and join APC? Of all of us then and PDP governors today, who produced National Assembly 100 per ncent? Who produced a governor? Ask them in their various states how many senators they have,” he said.

Wike referred to himself as a valuable asset, emphasising his key role in securing Tinubu’s re-election in the 2027 general elections.

“I am not a liability, I am an asset. Whether you agree or you don’t agree, I am an asset.

Whether you want to die or you don’t want to die, I am an asset. It doesn’t matter, you may not like me. I am an asset to making sure that Tinubu wins his second term,” Wike boasted.

The ex-Rivers governor also spoke on the chances of the PDP in 2027, stating that the PDP has a leadership problem, which was responsible for the mass defections to the ruling All Progressives Congress, particularly in Delta State and Akwa Ibom.

“It’s a party leadership problem. Look at it. You won’t tell me that they didn’t have intelligence that Delta would go. You won’t tell me that they didn’t have intelligence that Akwa Ibom would go.

“Now, as the leadership, what would you do? Send a team, ‘ask them ‘why are you doing this?’ No, you’re making a mistake. Impunity; let them go. Look Opposition does not do impunity.

No, no, no, we try to beg, beg. Put everybody together. You don’t say, let them go. Let me tell you, I cannot do that,” the minister insisted.

In response, a senior PDP official described the party as one that upholds law and order, stating that it would soon take disciplinary action against Wike in accordance with its rules.

He stated, “This party is a party of process. We have the structures, processes, and laws that we’re following. At the right time, we shall enforce our laws on him and others.

“When somebody says nobody can remove him from the party, that is just his view. The PDP is bigger than any individual. And my answer is very simple: opinion is free, but facts are sacred.

Policies are sacred. Rules and regulations are sacred. While he is entitled to his view, I can tell you that, at the right time, the party will enforce its rules.

”The PDP Deputy National Youth Leader, Osadolor called on Nigerians and party members to disregard Wike.

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Oyebanji Seeks Better Collaboration with Benin-Owena River Basin Devt Authority

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Ekiti State Governor, Mr Biodun Oyebanji has expressed his dissatisfaction with the Benin-Owena River Basin Development Authority (BORBDA) over its handling of development initiatives in the state, stressing that the state has not benefited from the authority despite numerous attempts to collaborate with it on some projects.

Governor Oyebanji, who stated this on Monday during a meeting with the new management of the Benin-Owena River Basin Development Authority led by the Managing Director/ Chief Executive Officer, Dr Olufemi Adekanmbi in his office on Ado Ekiti, emphasized that the agency has not been fair to the state in it’s development drive.

Expressing his displeasure over what he described as lack of meaningful contribution from the authority to Ekiti development, the Governor emphasized that this had forced his administration to exclude the agency from its strategic development plan, stressing the need for a more effective and accountable approach moving forward.

Governor Oyebanji who Emphasized the importance of synergy between government agencies and stakeholders in driving sustainable development, urged the new leadership to ensure that their renewed commitment translates to meaningful actions and development in the state.

He also assured them that his administration would collaborate with the authority provided there is a visible shift in their operations and engagement.

“I need to refresh our memories about our experience with Benin-Owena, they have not been fair to us, we have gained nothing from them. We have crafted our development strategy without you in our plan because every attempt to collaborate with you has been frustrated.

We are investing massively in agriculture in the state and Benin-Owena has no contribution to it.

“However, I have read your speech, it shows that you want to do things differently but we have listened to beautiful speeches that didn’t translate to action, so for those project that are already in the budget concerning Ekiti State, whatever we can do to ensure that we fast track development, I am ready to do that”, the Governor asserted.

Earlier in his remarks, the Managing Director of the Benin-Owena River Basin Development Authority, Dr Olufemi Adekanmbi, who commended the Governor for the remarkable progress in the state particularly in agriculture sector, said the purpose of the meeting was to introduce the new leadership to the Governor, assess on going collaboration with the state government as well as forge a strengthened pathway toward achieving the goal of the renewed hope agenda of President Boa Ahmed Tinubu, particularly in the area of food security.

Unveiling the agency’s comprehensive development blue print aimed at boosting agriculture, infrastructure, and youth empowerment in the state, the BORBDA CEO assured the Governor of a new dawn in the agency, noting that President Bola Ahmed Tinubu was intention and strategic with the appointment of right people into the board of the agency.

He listed various on-goin and proposed BORDA interventions across the state to include, flood contro projects in Ilupeju, Efon-Alaye, Ado-Ureje Road, Ikere-Ado/Osun Road as well as management of key dams in Apariko-Aisegba, Oye-Ayede, and Ado-Osin, among others.

Also present at the meeting were, Chief of Staff, Mr Niyi Adebayo, Commissioner for Infrastructure and Public Utilities, Prof Bolaji Aluko, Commissioner for Agriculture and Food Security, Mr Boluwade Ebenezer and Special Adviser Media, Mr Yinka Oyebode.

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Kogi’s Ododo Tasks Officials on Grassroots Engagement, Clears N98.8bn Debt

“Governor Ododo is driving a government that listens, learns, and leads from the grassroots. His directive on Made-in-Kogi fabrics is a strategic move to grow our economy and export our identity,” Fanwo said.

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Kogi State Governor, Ahmed Usman Ododo has charged government officials to remain close to the grassroots and ensure constant engagement with the people, noting that such connection is key to responsive governance.

Also in a separate briefing, the Commissioner for Finance, Budget and Economic Planning, Mukadam Asiwaju Asiru Idris, announced that within just 15 months, the Ododo administration has fully liquidated N98.8 billion in debts inherited from previous administrations.

“We are in government to serve the people, and that means staying connected to their needs and aspirations,” said Ododo during the Kogi State Executive Council meeting held today at the EXCO Hall, Government House, Lokoja.

LOCAL PATRONAGE

As part of efforts to boost the local economy, the Governor also directed all government officials to wear Made-in-Kogi fabrics as a show of support for indigenous industries.

He encouraged the citizens to take pride in local products and lead a cultural and economic renaissance from within.

Briefing journalists after the meeting, the Commissioner for Information and Communications, Hon. Kingsley Femi Fanwo, said the administration is committed to making governance more visible and impactful.

“Governor Ododo is driving a government that listens, learns, and leads from the grassroots. His directive on Made-in-Kogi fabrics is a strategic move to grow our economy and export our identity,” Fanwo said.

On infrastructure, Fanwo disclosed that the perimeter fencing at the Confluence University of Science and Technology (CUSTECH), Osara is 90 percent completed, while both male and female hostels have been completed and are already housing students.

Similar projects at the Kogi State University, Kabba, are progressing satisfactorily.

As part of efforts to boost the local economy, the Governor also directed all government officials to wear Made-in-Kogi fabrics as a show of support for indigenous industries

To improve public safety, the Council also approved a bill to restrict the movement of heavy trucks during peak hours.

Another bill was approved for the establishment of the Kogi State Agency for Climate Change as part of a forward-thinking response to global environmental challenges.

STATE‘s DEBT BREAKDOWN

Regarding the paid state debt, he said:

“The breakdown includes: • N8 billion in bonds from the Idris Wada administration. • N50.8 billion salary bailout from the last administration. • N10 billion ECA-backed infrastructure loan. • N15 billion infrastructure loans from Zenith Bank and another N15 billion from UBA Plc.”

“This is a landmark achievement. His Excellency Governor Ododo has demonstrated fiscal discipline and commitment to economic recovery.

Within 15 months, we have cleared N98.8 billion in inherited debt,” Idris said.

He added that Fitch Ratings has upgraded Kogi State’s credit rating from ‘B-’ to ‘B’, with a stable outlook, citing prudent financial management.

As of September 30, 2024, the state’s debt profile stands at N40.5 billion, placing it on a strong path to debt sustainability.

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