Archive for the ‘Bill Gates’ Category

Can Bill Gates Help Africa Feed Itself?

September 26, 2008


The global economy might be reeling from the shakeout on Wall Street, but two of the world’s richest businessmen are vowing to spend tens of millions of dollars more – not on bolstering their own companies, but in helping the world’s poorest. With Congress locked in talks over a mammoth bailout package, Bill Gates and Howard Buffett (Warren’s oldest son) announced at the United Nations on Wednesday that their private foundations will plow more than $75 million into helping small farmers in Africa and Latin America to sell their crops as food aid – a move which could potentially overhaul the decades-old – and often criticized – global food aid system.

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