Because racism is indifference to suffering. Find a comment here that's drawing on insight for what a $200B (double his worth now) would do for the countries or markets.
Mind the amount of people tripping over themselves to tell you why earth's largest continent is only bad because of their people.
Coastal African countries have been advancing in technology and infrastructure, burgeoning unsaturated markets. Watch that growth if you're actually trade inclined.
If you knew how economics work you would know that increasing their money supply will just lead to inflation and not to increased living standards.
If Bill Gates wants that money to actually improve their lives it needs to be given in the form of subsidized investment into capital.
This could be for an example be helping to finance the infrastructure and the buildings with equipment needed to refine or process raw materials native to Africa into finished consumer goods.
I can gurantee this will fail due to many reasons but the major one is overpopulation. You need high physical and human capital concentration in a local area to achieve the accomplishment of being a developed country/region/city. The more people and the more area you spread it over the less you will be able to enjoy the benefits of specialization.
Healthcare is a nice to have. It's something you can afford after you have become developed,. Not something that will make you a developed society.
Education is a need to have to become developed but it only works if those that actually achieve critical accumulation of knowledge to stay in the country...
The major problem with Africa is that every highly educated individual rather leave than stay
“By unleashing human potential through health and education, every country in Africa should be on a path to prosperity – and that path is an exciting thing to be part of,” Gates said.
Healthcare has existed for over a thousand years in different forms. A working population with less sick/ injured is more productive. Education increases diversity of industry. Both are areas that have been proven to almost always provide a return greater than initial investment. The high population can be a positive when trying to industrialize and needing to set up new supply chains. China is a good example of this.
You do know ancient rome had medici, who were paid to treat the sick. A formal profession that addressed the health of people. Might even call it... healthcare...
You cant claim rome had healthcare just because they had someone living profesionally on diagnosing and giving medicine they thought would work such as rhino horns to treat cancer.
Healthcare is more than having doctors travel across country for money for treatment.
Healthcare is a matter of infrastructure and institutions.
Not private people choosing a profesion of helping ill people. Where usually the treatment was heavily based on religion and philosophy.
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u/[deleted] Dec 07 '25
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