When it concerns offering, African billionairestoo, like to put their dollars where their mouths are. Simply that we do not understand where their mouths are easily. Which makes their do-gooding quite hard to track. Unlike their equivalents in America and Europe, more than 200 of them members of them members of the Offering PledgeEncouraged by the Gates and Warren Buffet, these world’s wealthiest human beings promised majority or all of their wealth to humanity.
It might have been a racial thing. All white or American or European. Other Than for Patrice Motsepe, a South African; Mo Ibrahim, a Sudanese; Strive Masiyiwa, a Zimbabwean; and Mo Dewji, a Tanzanian.
Africa’s wealthiest and world’s wealthiest black Aliko Dangote not offered on it. Nor telecom magnate Femi Otedola, Abdul Samad Rabiu, and Mike Otedola. They are mighty huge providers, no doubt. The tight-lipped about it most times.
Worldwide contribution trackers like Philanthropy Chronicle and Forbes discover it tough ranking them like they do Mike Bloomberg as America’s greatest donor in 2015. The Knights follow. And so on.
The African billionaires still leave some traces in their structure for trackers following the cash.
Here are a few of the structures through which they money their kindness of every year.
The Dangote Foundation–$1.25 bn
Masiywa’s Higher Life Foundation
Folrunsho Alakija’s Rose of Sharon Foundation–$250m in endowment
Motsepe Foundation– over $1.5 bn in endowment
Dewji Foundation–$100m in endowment
Nicky Oppenheimer Memorial Trust–$80m in endowment
The Sawris Foundation
Rabiu’s BUA Foundation–$100m in endowment