The Bill and Melinda Gates Foundation said it will donate a total of $120 million in a bid to boost agricultural production, marketing and farming expertise in the developing world.
“Melinda and I believe that helping the poorest small-holder farmers grow more crops and get them to market is the world’s single most powerful lever for reducing hunger and poverty,” Gates, the billionaire founder of software giant Microsoft, said in remarks prepared for delivery on Thursday to the World Food Prize annual meeting, and obtained by Reuters.