Bill Gates donates to German anti-hunger drive

Bill and Melinda Gates Foundation giving $108 million

Published On: Jan 29 2013 08:09:47 AM EST   Updated On: Jan 29 2013 09:03:35 AM EST
BERLIN -

The German government says it is collaborating with the Bill & Melinda Gates Foundation and businesses to invest some €80 million ($108 million) in projects to help alleviate hunger.

Development Minister Dirk Niebel met Tuesday with Bill Gates and German business representatives. Niebel's ministry said Germany plans to invest €20 million, with the same amount coming from the Gates Foundation and roughly €40 million from businesses.

The ministry said it couldn't give a specific time frame for the period over which the investment will be spread, and some projects already are under way.

Projects include a drive to improve rice production in southeast Asia, and to make cashew nut production in west Africa more efficient. Companies involved include Bayer AG's crop science unit and chemical maker BASF SE.

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