12 Reasons Billionaire George Soros Is Investing In Africa

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Written by Keren Mikva
George Soros. Photo: Derek Lieu/The Chronicle/philanthropy.com
George Soros. Photo: Derek Lieu/The Chronicle/philanthropy.com

Soros pledged $50 million to the Millennium Promise

Soros pledged $50 million in 2006 for a project led by economist Jeffrey Sachs for educational, agricultural, and medical aid to impoverished African villages. Some were surprised, given that Soros’s previous philanthropic work focused on fostering democracy. Soros said the roots of poverty resided in bad governance.