Zimbabwean billionaire Strive Masiyiwa joins Gates Foundation board

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Bill Gates and Melinda French Gates are shaking up control of their $50bn foundation, one of the world’s most powerful philanthropic organisations, fulfilling a promise made after they announced their split last year.

The Gates Foundation is adding four new members to its board of trustees: its CEO Mark Suzman; Zimbabwean billionaire Strive Masiyiwa; Thomas Tierney, the co-founder of Bridgespan Group, one of the non-profit industry’s most powerful consultants; and Minouche Shafik, a former World Bank official who’s now director of the London School of Economics.

A board member of the Rockefeller Foundation for 15 years, Masiyiwa is a co-founder with Kofi Annan, The Rockefeller Foundation, and the Bill and Melinda Gates Foundation, of an initiative to help 400-million African smallholder farmers known as the Alliance for a Green Revolution in Africa. Since 2013 Masiyiwa has devoted his time to mentoring the next generation of African entrepreneurs through his Facebook page. Econetafrica.com

The foundation put in place measures to ensure it would continue to function, announcing that the ex-couple would add $15bn to the $50bn endowment over the next few years and added a nuclear option: French Gates would step down after two years if the two couldn’t work together. Edgar Villanueva, founder of the Decolonising Wealth Project, said this is particularly important for the Gates Foundation because of its global influence.

Shafik, the only other woman on the board aside from French Gates, has worked for the World Bank, the UK’s department for international development and is a former deputy governor of the Bank of England.

 

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He must change his 1st name. Nagana motho bare ke Strive

My children have been going to school on an empty stomach and coming back with no food in the house. I've been struggling to find a piece job and in my struggle my family is suffering 💔. Please assist us with any food nearing their expiry date. For my children🙏🏻💔

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