Founded in 2003 by Bill Gates Sr. and other US business leaders, the Initiative for Global Development (IGD) promotes U.S.-Africa business investment by advising, educating and forging partnerships between the U.S. and African private sectors for sustainable economic growth and shared prosperity.
Prompted by their desire to help restore America’s leadership in the world, IGD was created in response to 9/11 in 2003 by a group of business leaders and foreign policy experts including Bill Gates Sr., in Seattle. The inaugural group believed that poverty is at the root of many of the world’s greatest challenges and recognized that lasting poverty reduction would only be achieved with significant private investment to spur growth and create economic opportunity.
IGD’s mission has evolved to focus on engaging global business leaders in an effort to foster greater strategic investment in Africa. The organization had a seat at the table during the formation of Millennium Challenge Corporation (MCC), Power Africa, and other major initiatives.
> Download IGD’s fact sheet