Gates on thursday urged business to work with governments and nonprofit groups in a new kind of capitalism to stem global poverty and spur more technological innovation for those left behind.
Its a very special moment in time i think for davos and people here said bono.
Gates said the foundation set up by him and his wife melinda would give the money to help millions of african farmers feed themselves and others and work their way out of poverty in a new green revolution using targeted technology and training. Of the billion people who live on less than $ a day three quarters are small farmers. Gates who is stepping down as microsoft chair later this year and expected to focus more on philanthropy received a standing ovation at the suggestion of anti poverty campaigner and u frontman bono.
But despite the optimism economic turbulence still lingered over the world economic forums annual meeting.
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Bill Gates
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