Nigeria, June 2 -- Billionaire philanthropist Bill Gates has announced that the majority of the $200 billion his foundation will disburse over the next two decades will be allocated to improving health and development in Africa.

On Monday in Nelson Mandela Hall at the African Union headquarters in Addis Ababa, Ethiopia, Mr Gates, the chair of the Gates Foundation, emphasised that Africa would receive the largest share of the funding, citing the continent's potential and the urgent needs.

"I recently made a commitment that my wealth will be given away over the next 20 years. The majority of that funding will be spent on helping you address challenges here in Africa," he told the audience, including African leaders, health professionals, ...