Search

Ghana’s Anti-LGBTQ Legislation Threatens $3.8 Billion in World Bank Lending

  • Ghana’s Finance Ministry warns the anti-LGBTQ bill could cost the nation $3.8 billion in World Bank funds and jeopardise a $3 billion IMF loan.
  • The bill faces international criticism and threatens Ghana’s foreign exchange and debt sustainability.

 

Ghana’s legislative push against LGBTQ rights could severely impact its financial health, with apotential loss of $3.8 billion in World Bank financing over the next six years, according to a note fromthe finance ministry covertly released to journalists today.

Recent Business

Rwanda motorists Photo @ Pixabay
Rwanda holds 6.75% key rate as inflation eases
Read More »
Fresh lemons at the market. Photo by Engin Akyurt @ Unsplash
South Africa’s citrus exports soar 22% in record-breaking global season
Read More »
Abiy Ahmed and Vladimir Putin witness the signing of the deal. Image courtesy @ Office of the Prime Minister of Ethiopia.
Ethiopia signs key trade deals as WTO accession bid gathers momentum
Read More »

Recent Politics

Nnamdi Kanu (in trademark white turtle neck shirt) in court | File photo @ The Cable
Nigeria jails separatist leader Nnamdi Kanu for life, deepening tensions
Read More »
Fishing near the Indian Ocean. Photo by Egle Sidaraviciute @ Unsplash
Uganda’s Museveni sparks regional tensions with Indian Ocean claim
Read More »
Kenya's ODM split over age, factions and 2027 political strategy. Photo @ The ODM Party/Facebook
Can Oburu Oginga hold Kenya’s ODM together after Raila Odinga’s death?
Read More »

Latest Posts

Latest news insights