The Traderszone Network

Published in TZ Latest News 7 December, 2015 by The TZ Newswire Staff

Despite low oil prices, Gates looks to Gulf in anti-poverty campaign

Low oil prices and tight budgets in the Gulf are making it harder to raise money for a fund tackling poverty in the Muslim world, but a growing culture of philanthropy may draw in wealthy regional donors, billionaire campaigner Bill Gates said. The Microsoft co-founder is visiting the Gulf seeking donations towards his foundation’s planned $2.5 billion fund, which will work to reduce poverty and disease across 30 countries in the Middle East, Africa and Asia.

read more