Bill Gates plans to donate $198 billion to Africa over the next 20 years. The money will focus on healthcare and education. The Bill & Melinda Gates Foundation will shut down by 2045. Gates wants to address funding gaps in African healthcare.

Bill Gates has pledged to donate the bulk of his $200 billion fortune—nearly 99 per cent—over the next 20 years, largely to improve healthcare and education in Africa. The Microsoft co-founder said his children will inherit less than 1 per cent as he aims to create a legacy of global impact rather than dynasty.

Billionaire and philanthropist Bill Gates has announced that most of his wealth will go toward tackling Africa’s biggest challenges. The billionaire has announced that he will donate $200 billion to go towards healthcare and education in Africa over the next 20 years.