Bill Gates says nearly all of his wealth will go toward improving health and education across Africa over the next 20 years.
Speaking at the African Union in Addis Ababa, the Microsoft co-founder said his foundation will focus on maternal health, nutrition, and tackling infectious diseases.
Gates, 69, pledged to give away 99% of his fortune—now expected to reach $200bn—by 2045, when the foundation will shut down. “The majority of that funding will be spent on helping you address challenges here in Africa,” he said, adding that “unleashing human potential” through better services can help every country on the continent prosper.
He also urged young African innovators to develop AI tools to improve healthcare, pointing to Rwanda’s use of AI-powered ultrasounds as an example.
The announcement comes as U.S. aid to Africa has been slashed under Donald Trump’s “America First” policy, raising concerns about long-term support for health programs like HIV/AIDS treatment.
Former Mozambican First Lady Graça Machel welcomed the pledge, calling it a much-needed move during a time of crisis.
Gates said he was inspired by Warren Buffett and added: “People will say a lot of things about me when I die, but I’m determined that ‘he died rich’ will not be one of them.”
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U.S. President Donald Trump says Iran has a "last chance" to sign what he described as "a good document", claiming talks are continuing at Tehran's request with backing from Saudi Arabia, the UAE and Qatar.
Tehran had made plans to strike sites in Ukraine after Kyiv attacked an Iranian cargo ship in the Caspian Sea, a senior Iranian military adviser has said. Iran refrained from taking action after Kyiv said the strike was a mistake, Mohsen Rezaei told the state IRIB TV channel.
Indonesian rescue teams are searching for 28 people still unaccounted for, three days after a passenger ferry caught fire off the coast of Madura island.
Nauru, the world’s third smallest country, has changed its name to Naoero, the Pacific island nation’s President said. The new name corresponds to the spelling and pronunciation in the national language.
The U.S. has made its visa bond programme permanent for citizens of 50 countries, requiring some business and tourist visa applicants to pay refundable deposits of up to $20,000. Several Central Asian countries remain on the list, but Uzbekistan is not.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 5th of August, covering the latest developments.
The United States has revoked the visa of Brazil's ambassador in Washington, escalating a growing diplomatic dispute between the two countries over ambassadorial appointments and the treatment of diplomats.
Russian strikes around Ukraine's capital of Kyiv killed fourteen people, injured twenty-seven and damaged warehouses overnight, emergency service officials said on the Telegram messaging app.
Japan is carrying out its biggest military buildup since World War II, with Tokyo citing China's expanding military capabilities and increasingly assertive regional activities as the main reason for the shift in its defence strategy.
Iran and the U.S. are making conflicting statements about efforts to negotiate the reopening of the Strait of Hormuz. U.S. President Donald Trump insists talks are under way, while Tehran maintains that negotiations remain on hold.
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