The world’s richest charity is set to donate $100 M. in an initiative in sub-Saharan Africa which will revolutionize farming. From the introduction of new seeds to the training of crop scientists, the view is to greatly improve food production in the region, and change the lives of the millions who starve and live in dire poverty each year.
Joining the Gates Foundation is the Rockefeller Foundation with a donation of $50 M., who has already succeeded in a similar project (The Green Revolution) which began in the 1940’s.
Also to jump on the bandwagon is financier and philanthropist George Soros, who although usually sticks to governmental issues, has taken an interest in the Gates-Rockefeller project. Set to also donate $50 M., Mr. Soros’s money will be used to increse crop yields as well as improve health facilities and literacy in 10 African countries.
Originally posted on September 14, 2006 @ 9:48 am