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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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From 10-16 to 8-hour Workday, The Story of Worker’s Day May 1

Nigeria adopted nationally on May 1, 1981, after Kano State first declared it in 1980

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Called International Workers’ Day, Labour Day, or May Day , the origin traces back to the 19th-century labour movement and one key event that shaped the development was the Haymarket Affair in Chicago, 1886.

The 2026 theme according to the International Labour Organization (ILO), is “Ensuring a Healthy Psychosocial Working Environment” – focusing on mental health, stress, and work-life balance .

Nigeria adopted nationally on May 1, 1981, after Kano State first declared it in 1980.

Industrial Revolution conditions

At that time, factory workers often worked 10-16 hour days in unsafe conditions for low pay.

As a result, Labour unions began pushing for an 8-hour workday.

The 8-hour movement

On April 21, 1856, Australian workers in Victoria did a mass stoppage for the 8-hour day .

In the US, the Federation of Organized Trades and Labour Unions declared May 1, 1886 as the day the 8-hour workday would start

May 1, 1886 strikes

Between 300,000-500,000 US workers went on strike across the country. Chicago was the centre, with about 40,000 protesters.

Haymarket Affair, May 3-4, 1886

May 3: Police fired on striking workers at McCormick Harvesting Machine Company, killing at least two

May 4: At a protest in Haymarket Square, someone threw a bomb at police. It killed 7 officers and at least 4 civilians. Eight anarchists were arrested and convicted. Four were hanged.

May 1 becomes International Workers’ Day

In 1889, the International Socialist Congress in Paris chose May 1 to commemorate Haymarket and call for annual demonstrations for the 8-hour day.

By 1904, it was made mandatory for workers’ groups to stop work on May 1.

Why May 1 spread globally

Europe

Traditional spring festival of May Day merged with labour demonstrations-

India

First celebrated in Chennai in 1923. May 1 became a national holiday to recognise workers’ rights.

It’s also Maharashtra Day & Gujarat Day-

Nigeria Adopted nationally on May 1, 1981, after Kano State first declared it in 1980

Philippines

First Labour Day was May 1, 1903, when the first workers’ union protested

Purpose

Honours workers’ contributions and pushes for fair wages, safe conditions, and the 8-hour day-

Public holiday

Not everywhere

The US & Canada celebrate Labour Day on the first Monday in September instead.

How Workers’ Day Is Celebrated in Nigeria

In Nigeria, Workers’ Day is more than a ceremonial gathering. It serves as a structured platform for engagement between labour unions and the government authorities.

Each year, workers use the occasion to highlight issues affecting their welfare, including wages, working conditions, unemployment and the rising cost of living.

Organised labour bodies such as the Nigeria Labour Congress, and the Trade Union Congress coordinate nationwide activities.

Their addresses during May Day celebrations often reflect the economic realities of the time, making the event a barometer for the state of the workforce.

Beyond formal speeches, the day reinforces the relevance of collective bargaining.

It reminds both workers and policymakers that labour rights are not static but require continuous negotiation and protection.

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Contractor Dies in Egbin Power Plant ‘s Accident

It was learned that the contractor, a diver engaged for underwater work inside the plant’s lagoon-based pump house, died after an accident during maintenance activities.

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Image: Egbin Power Plc

The board and management of Egbin Power Plc expressed deep sorrow for the loss of a contractor following an industrial accident during underwater maintenance operations at the plant in Lagos State.

The incident, which reportedly occurred on Tuesday, April 28, 2026, led to the shutdown of operations at parts of the facility and the disconnection of the plant from the national grid.

It was learned that the contractor, a diver engaged for underwater work inside the plant’s lagoon-based pump house, died after an accident during maintenance activities.

The diver was working inside the lagoon water pump system when a pump reportedly came on unexpectedly, trapping him in the impeller and leading to his death.

Following the incident, operations in the affected section of the plant were suspended as safety protocols were activated, eventually resulting in a broader shutdown of the plant.

The management of the company confirmed the incident, expressing sadness over the demise of the contractor.

Egbin Power Plc is Nigeria’s largest electricity generation plant with an installed capacity of 1,320MW.

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President Tinubu Designates Joseph Tegbe New Minister of Power

Mr Tegbe’s experience includes significant engagements within the power sector, particularly in regulatory and institutional reform involving agencies such as the Nigerian Electricity Regulatory Commission (NERC) and the Nigerian Bulk Electricity Trading Company (NBET).

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President Bola Ahmed Tinubu has nominated Mr Joseph Olasunkanmi Tegbe as Minister of Power, subject to confirmation by the Senate.

The nomination has been transmitted to the Senate for screening and confirmation in accordance with the Constitution.

The nomination follows the resignation of the former Minister, Adebayo Adelabu, who stepped down from office to pursue elective office.

Mr Tegbe, from Oyo State, is a fiscal and economic reform expert with over 35 years of experience spanning the public and private sectors.

He is a former Senior Partner and Head of Advisory Services at KPMG Africa, where he led wide-ranging initiatives in fiscal policy reform, institutional transformation, and governance.

He has also advised key government institutions and private sector organisations on strategic reforms, regulatory frameworks, and investment structuring.

He is at present the Director General and Global Liaison for the Nigeria-China Strategic Partnership (NCSP), where he is responsible for strengthening bilateral development cooperation between Nigeria and the People’s Republic of China.

The NCSP also coordinates engagements with public sector stakeholders to advance economic and social development in line with FOCAC objectives.

Mr Tegbe’s experience includes significant engagements within the power sector, particularly in regulatory and institutional reform involving agencies such as the Nigerian Electricity Regulatory Commission (NERC) and the Nigerian Bulk Electricity Trading Company (NBET).

His nomination is expected to strengthen further ongoing efforts to reform the power sector, enhance grid stability, and attract sustainable investment in line with the Renewed Hope Agenda.

The President expects the Minister-Designate, upon confirmation, to bring his extensive expertise to bear to advance critical reforms and deliver improved outcomes for Nigerians in the power sector.

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