The World’s richest man has turned his philanthropic radar to Africa once again. Launched in New York was a chicken campaign to help extremely poor families in sub-Saharan Africa.
Bill Gates’ chicken plan is intended to alleviate poverty.
So how will chicken gifts improve the standard of living of these people? Bill draws the answer from the business point of view. He says the chicken could be raised and sold.
“I’ve met many people in poor countries who raise chickens, and I have learned a lot about the ins and outs of owning these birds.”- Bill Gates
The billionaire cum humanitarian has pledged about 100, 000 chicken to commence the chicken plan. From reactions and shares on social media it appears that Bill Gates’ chicken project appeals to the people.
According to United Nations’ estimates, 41% of people in sub-Saharan Africa live in extreme poverty. In the bid to help, Bill believes in the chicken power to salvage the economic situations of these people.
From his calculations, “a farmer breeding five hens could earn more than $1,000 (£690) a year”. This would definitely work since the global poverty line is about $700 (£484).
Africa today is no longer denying the greener option in agriculture of which poultry farming is one of them. From the poultry business the farmer could make profits from the aspects of egg and meat production.
The target of Bill Gates’ chicken plan is to liberate at least 30% of sub-Saharan families going through the roughest of times in rural communities. The species is expected to be an improved breed of vaccinated chickens.
As much as people applaud the idea, there is also another side to it. Some analysis have unanswered questions as to subsequent availability of chicken feeds in the future (as the chicken multiplies). With an anticipated launch of thousands of chicken into the market, chicken prices will most definitely reduce. In other words, the gain to be made might not be as much as the current estimates show.
As said earlier, Bill Gates’ chicken plan is not geared at producing billionaires over night. Rather it is to improve the economic welfare of people in rural communities.
To those who still have doubts, Bill Gates gives his reason here for the chicken plan.