Africa: Philanthropy 2.0 - Problem or Solution?

analysis

Warren Buffett has pledged to give away the bulk of his fortune to philanthropic causes. Bill and Melinda Gates are prominent benefactors. In South Africa, Patrice Motsepe has joined the club. Russia has Vladimir Potanin. These individuals are part of a wealthy class of philanthropists who assist causes close to their hearts.

Philanthropy is a strange beast, readily defined, more difficult to ring-fence and impossible to control. Founded upon altruism it becomes invariably entangled with ideology, politics and ego, all allied with differing degrees of alienation.

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