Africa Controversial Anti-LGBTQ+ Bill Threatens Ghana's $3.8 Billion World Bank Lifeline

Ghana's government is at risk of losing a substantial $3.8 billion in World Bank funding due to the recent passage of an Anti-LGBTQ+ bill by the country's parliament.

The Finance Ministry has urgently appealed to President Nana Akufo-Addo to delay signing the bill into law until its constitutionality is verified by the Supreme Court.

Despite condemnation from the United States, United Kingdom, and human rights organizations, the bill, supported by both major political parties, is under scrutiny for potential economic and financial repercussions.

The International Monetary Fund (IMF) and other key stakeholders are closely monitoring the situation, emphasizing their commitment to diversity and inclusion. This development raises concerns about Ghana's economic stability and international relations, echoing the precedent set by Uganda's similar policy and subsequent economic sanctions.