The Microsoft founder, who has donated billions to fight global diseases, was speaking in Doha at the official announcement of a USD 50 million donation from Qatar to "The Lives and Livelihood Fund".
This is a partnership fund between the Bill and Melinda Gates Foundation and the Islamic Development Bank (IDB), who together have been working to try to eradicate diseases, including polio, since 2012.
"There's very few cases left, just two countries at this point, Pakistan and Afghanistan, and with any luck either this year or next year we will have the last cases of those," Gates said.
Although these are the two countries where the disease remains endemic, the Global Polio Eradication Initiative calculates eight countries are "vulnerable" to the virus, including Cameroon, South Sudan and Syria.
The billionaire, who is the world's richest-man according to Forbes, is also well-known for his work in trying to combat malaria.
Earlier this year he announced the launch of a USD 4 billion fund to help eradicate malaria, which he called the "world's biggest killer".
It aims to ease the burden for some of the world's poorest people through grants and Sharia-compliant loans.
Gates said the injection of cash from Qatar will enable the fund to begin its work.
"This is a great milestone for helping the poorest," he said. "Qatar has always been very generous as a donor."
In total, the fund is trying to raise USD 2.5 billion.
The money has been donated by Doha through the Qatar Development Fund (QDF), a public body which distributes foreign aid.
"We aim at launching several projects in the health sector, which will improve the quality of life for millions of people across the Muslim world," he said.
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