Gates Foundation to Spend Over $300 Million in Tanzania in 2017

[8/14/17]  Bill Gates has told Reuters his foundation plans to spend more than $300 million in Tanzania this year on public health and poverty reduction programs.

In an interview, the billionaire said aid was now being spent “in a smarter way” in some parts of the world.

“Some countries have made good progress in the reduction of childhood deaths and reduction in poverty, with Tanzania being a good example,” said Gates, during a visit to the east African country.

“I see a chance for the eradication of malaria and HIV/AIDS, but that’s gonna take a lot of science and a lot of investment.”

The Bill and Melinda Gates Foundation has spent billions of dollars on aid projects worldwide in recent years, much of it in Africa.