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

Delegates at the G20 Summit in South Africa. Photo @ G20 South Africa Flickr
G20 in a changing world: is it still useful?
Read More »
South Africa President Cyril Ramaphosa hosts the G20 Summit. Photo: G20 Summit Flickr
Africa’s new mineral deal: will G20 South Africa rewrite the rules?
Read More »
South Africa's manufacturing sector takes a dip. Photo by Sam Moghadam @ Unsplash
South Africa cuts interest rates as inflation eases and rand strengthens
Read More »

Recent Politics

Delegates at the G20 Summit in South Africa. Photo @ G20 South Africa Flickr
G20 in a changing world: is it still useful?
Read More »
South Africa President Cyril Ramaphosa. Photo: G20 Summit Flickr
“We’ll not be bullied” - Ramaphosa defies US boycott at G20 Summit
Read More »
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 »

Latest Posts

Latest news insights