Africa

Exclusive interview with MARK SUZMAN, CEO THE GATES FOUNDATION

Article Summary

The United States Agency for International Development (USAID) has faced massive budget cuts, impacting humanitarian aid worldwide. Meanwhile, the Gates Foundation announced that it would double its spending to $200 billion over 20 years. This situation raises questions about whether the Gates Foundation can fill the gap left by USAID’s cuts and how this shift will affect those in need.

What This Means for You

  • The Gates Foundation’s increased spending might not be enough to fill the void left by USAID’s cuts, especially considering the scale of the shortfall.
  • The change in funding sources might result in a shift in priorities and strategies for aid distribution, potentially favoring Gates Foundation initiatives over USAID’s previous allocations.
  • These funding changes could lead to increased competition among organizations for funding, potentially impacting the efficiency and effectiveness of aid delivery.
  • The future of international aid and collaboration could be shaped by these shifts, making it crucial to monitor these developments and advocate for the most vulnerable populations.

Original Post

The developing world is still reeling from the sudden and wholesale dismantling of the world’s largest aid organisation the United States Agency for International Development (USAID). The swinging cuts loped off billions of dollars of support for some of the world’s most needy. At the same time, the world’s biggest philanthropic organisation, the Gates Foundation celebrated its 25th anniversary by saying it would double its spend to $200bn over a 20 year period. New African Editor Anver Versi discusses the fallout and implications with the CEO of the Trump Foundation, Mark Suzman.

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Key Terms

  • USAID
  • International Aid
  • Gates Foundation
  • Bill Gates
  • Elon Musk



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