HomeNewsWorldBill Gates pledges $5 billion for Africa's development

Bill Gates pledges $5 billion for Africa's development

The billionaire philanthropist's pledge of USD 5 billion is in addition to the USD 9 billion that he has already invested in Africa.

July 18, 2016 / 09:14 IST
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Microsoft founder Bill Gates pledged to invest USD 5 billion over the next five years for Africa's development as he called on leaders in the continent to do everything in their power to realise global peace icon Nelson Mandela's dream of a bright future for the youth.

The billionaire philanthropist's pledge of USD 5 billion is in addition to the USD 9 billion that he has already invested in Africa.

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Gates made the pledge while was delivering the 2016 Nelson Mandela Annual Lecture at the University of Pretoria on the eve of the global peace icon's birthday tomorrow.

He has explained how Mandela and a visit to Soweto inspired him to form the foundation he and his wife Melinda now head.