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Gates Foundation Announces $30m AI Investment for Africa

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Bill Gates, co-chair, Bill & Melinda Gates Foundation, has announced that the foundation will invest $30 million in a new artificial intelligence platform in Africa.

Gates made the announcement, yesterday, at the Grand Challenges annual meeting, hosted by the Bill & Melinda Gates Foundation and its partners, in Senegal.

Attending the meeting were more than 1,400 scientists, policymakers, and donors.

Grand Challenges, the foundation’s flagship innovation programme, was launched in 2003 and focuses attention and funding on major global health and development issues affecting the world’s poorest people, using open calls for proposals to crowdsource potential solutions.

At this year’s gathering in Dakar, several new efforts to assist Africa-led innovation were unveiled, including an investment in an AI platform.

The platform will provide technical and operational assistance to African scientists and innovators, so they can turn potential ideas into scalable health and development solutions.

According to Gates, it is a step towards ensuring that the advantages of artificial intelligence are relevant, inexpensive, and accessible to everyone – particularly those in low- and middle-income countries – and that key technologies are produced safely, ethically, and fairly.

The foundation will continue to collaborate closely with technical partners and governments to expand the platform and seek possibilities to collaborate on AI for health and development.

According to the foundation, the investments announced at the meeting come with an urgent call for countries to increase funding to make health and development innovation research and development (R&D) easier and faster, and to make the next generation of scientific and technological breakthroughs relevant and accessible to all.

The Bill and Melinda Gates Foundation said while overall health R&D funding is increasing, just two percent of such funding is dedicated towards diseases affecting the world’s poorest people.

In 2020, the foundation said, that the annual funding gap for product development targeting poverty-related and neglected diseases was estimated at $2.6 billion.

At the meeting in Dakar, Gates called for the world to spend at least $3 billion more on global health and development R&D each year in order to close critical funding gaps for neglected diseases.

“New health technologies have the potential to save millions of lives, but R&D funding is going in the wrong direction,” he said. “Donors need to step up their commitments to ensure health innovations reach those who need them more quickly, so more lives can be saved.”

Moussa Balde, Senegal’s Minister for Higher Education, Research and Innovation, added: “Over the past two decades, global investments in a pipeline of innovative solutions helped reduce childhood deaths under five by half.

“But lifesaving innovations still take too long to reach those who need them and are not always designed with equity from the start.

“Grand Challenges Senegal continues to invest in the country’s brightest scientists and innovators, and we are pleased to be part of this global network of Grand Challenges partners investing in locally led solutions to ensure innovations, including in health, education, and agriculture, benefit everyone equally.”


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UK–Nigeria Skills and Schools Trade Mission Concludes with Strong Foundations for Education Partnership

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A high-level UK delegation has concluded a week-long skills and schools trade mission to Nigeria, marking a significant step forward in education and skills cooperation between the two countries.

Running from 19-23 April 2026 across Abuja and Lagos State, the mission brought together leading UK private schools, skills providers, and education institutions with Nigerian partners, schools, and the Honourable Minister of Education Dr Tunji Alausa.

The mission follows the high profile and well received state visit to the UK in March, which also included education engagements.  Supported by the UK’s Department for Business and Trade (DBT), the mission forms part of its new International Education Strategy, under which Nigeria has been identified as one of five priority education markets, spearheaded by Professor Sir Steve Smith, who is looking forward to visiting the country again this year.

The mission focused on in-country delivery of education, the establishment of world-renowned UK schools in Nigeria, and the development of skills and Technical and Vocational Education and Training (TVET) systems aligned with industry demand.

In Abuja, the delegation met with Nigeria’s Honourable Minister of Education, Dr Tunji Alausa, securing strong political backing for UK–Nigeria education partnerships and set the groundwork for ongoing institutional collaboration across both schools and skills.

In Lagos, delegates engaged further with potential partners and investors. In both cities the delegation was thrilled to visit local British curriculum schools and colleges to further enable them to experience first-hand the teaching and learning environment.

British Deputy High Commissioner, Jonny Baxter, said: “The UK and Nigeria share a deep and longstanding relationship, and opportunities in education are one of its most exciting frontiers.

“This mission has demonstrated the strong appetite on both sides to deepen collaboration in education and skills.”

“By bringing together UK schools and skills providers with Nigerian partners and policymakers, we are laying the foundations for even more long-term partnerships that support Nigeria’s education priorities, strengthen skills aligned to industry needs, and create opportunities for sustainable, in-country delivery as well as positioning Nigeria as the regional hub for high quality education.”

DBT Head of International Education, Sarah Chidgey, said: “This mission is a perfect example of the International Education Strategy being put into action, building on multiple two-way visits and the UK and Nigeria’s warm relationship. It has been heartening to see all the progress in UK Nigeria education collaboration since my first visit to Nigeria, as part of a wider delegation, in 2022.”

DBT’s mission concluded with a strong pipeline of follow-up activity, including targeted one-to-one meetings, MoU discussions, and agreed next steps between UK and Nigerian counterparts.

 


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Tinubu Seeks Senate Approval for $516m Sokoto-Badagry Highway Loan

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President Bola Tinubu has requested Senate approval for a $516.3 million foreign syndicated loan to fund key sections of the Sokoto-Badagry superhighway, a cornerstone of his Renewed Hope Agenda.

Tinubu Seeks Senate Approval for $516m Sokoto-Badagry Highway Loan

Tinubu

 

In a letter read by Senate President Godswill Akpabio during Thursday’s plenary, Tinubu invoked Sections 16 and 21 of the Debt Management Office Act, 2011, to secure financing via Deutsche Bank AG for Sections 1, Phase 1A, and 1B. The 1,000-kilometre project will span Sokoto, Kebbi, Niger, Kwara, Oyo, Ogun, and Lagos states, linking Illela to Badagry and boosting trade, connectivity, and goods movement.

The nine-year loan, with a three-year grace period and interest at SOFR plus 5.3 per cent, includes a partial risk guarantee from the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC). The Federal Government will provide over ₦265 billion in counterpart funding for land acquisition and infrastructure.

Akpabio referred the request to the Senate Committee on Local and Foreign Debts for a one-week turnaround report. He endorsed the borrowing, stating it advances road safety and national integration.

The highway aims to cut travel times and stimulate economic corridors, with the Federal Executive Council already approving the plan.


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Karex, World’s Top Condom Maker to Hike Prices due to Iran war

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Karex, world’s largest condom maker, plans to raise prices by up to 30 percent due to supply disruptions linked to the Iran war.

Karex, World's Top Condom Maker to Hike Prices due to Iran war

This means that safe sex could get more expensive if the war continues to disrupt global supply chains, according to Goh Miah Kiat, CEO, Karex.

Kiat told old Reuters that rising freight costs and shipping delays have increased demand and forced the company to pass costs to customers.

Broader supply chain issues and higher oil prices could impact many everyday products that rely on petrochemicals.

“The situation is definitely very fragile, prices are expensive… We ​have no choice but to transfer the costs right now to ⁠the customers,” Goh told Reuters.

Karex joins a growing list of companies that are bracing for supply chain disruptions amid the ongoing war in Iran.

Based in Malaysia, Karex produces condoms, personal lubricants, gloves, medical catheters and probe covers.

The company manufactures male latex condoms including ONE, Trustex, Carex and Pasante, and it can produce over 5 billion condoms annually. Karex also exports to more than 130 countries, according to its website.

“We’re seeing a lot more condoms actually sitting on vessels that have not arrived at their destination but are highly required,” Goh said.

 


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