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JOHANNESBURG — Microsoft co-founder and philanthropist Bill Gates says his foundation will invest another $5 billion in Africa over the next five years.
Gates on Sunday delivered the Nelson Mandela Annual Lecture ahead of Mandela Day, when South Africans are encouraged to donate 67 minutes of their time to help others.
Gates is also attending a global AIDS conference that starts Monday in South Africa.
Gates said the Bill & Melinda Gates Foundation has already invested more than $9 billion in Africa. Health is a major focus.
Gates warned of dire consequences if the world doesn’t act to come up with more creative ways to make HIV treatment and prevention accessible.
“If we fail to act, the hard-earned gains made against HIV in sub-Saharan Africa over the last 15 years could actually be reversed,” Gates said.
South Africa wants to double the number of people getting treatment, part of a global goal to have 90% of infected people on treatment by 2020.
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