7 most generous black billionaires giving their fortunes away

Strive Masiyiwa

Zimbabwe’s richest man, who is the owner of Econet, the African mobile telecoms giant, has, over the years, funded scholarships for orphaned children in Zimbabwe, Lesotho and Burundi through his Higher Life Foundation set up in 1996 with his wife. The foundation also funds the construction of libraries and other resource centres across the country. Recently, the businessman pledged the sum of $100 million to establish a fund to invest in rural entrepreneurs in Zimbabwe. This month, he made headlines for his generosity again when he pledged to build a home and pay a $1000 lifetime monthly allowance to the elderly woman from Harare who walked miles from Mbare to Highlands to donate to survivors of Cyclone Idai even though she did not have much.