World Bank Stops Loan Disbursement To Uganda Over Anti-Homos3xuality Law

August 9, 2023
World Bank Stops Loan Disbursement To Uganda Over Anti-Homosexuality Law

World Bank has halted loan discussion and disbursement to Uganda’s government due to the East African country’s Anti-Homos3xuality Act 2023.

In May, Uganda’s President Yoweri Museveni signed a bill criminalising homosexuality or same-sex conduct in the country.

Join our WhatsApp Channel

Anti-Homos3xuality Act 2023 signed by Museveni also threatens the death penalty for persons convicted of homosexuality. Since the bill became law, there have been mixed reactions towards the decision. 

In a statement released on Tuesday, the World Bank said it is concerned that the law will prevent persons involved in same-s3x relationships will not benefit from projects financed by the global financial institution.

According to the World Bank, Uganda’s Anti-Homos3xuality Act contradicts the financial institution’s values, which include the protection of s3xual and gender minorities from discrimination and exclusion in World Bank’s financed projects.

Consequently, the World Bank said no new public capital will be provided to Uganda or presented to the organisation’s Board of Executive Directors on behalf of the country until certain measures have been tested.

The statement reads in full: “Uganda’s Anti-Homos3xuality Act fundamentally contradicts the World Bank Group’s values. We believe our vision to eradicate poverty on a livable planet can only succeed if it includes everyone irrespective of race, gender, or sexuality. This law undermines those efforts. Inclusion and non-discrimination sit at the heart of our work around the world. 

“Immediately after the law was enacted, the World Bank deployed a team to Uganda to review our portfolio in the context of the new legislation. That review determined additional measures are necessary to ensure projects are implemented in alignment with our environmental and social standards. Our goal is to protect s3xual and gender minorities from discrimination and exclusion in the projects we finance. These measures are currently under discussion with the authorities. 

“No new public financing to Uganda will be presented to our Board of Executive Directors until the efficacy of the additional measures has been tested. 

“Third-party monitoring and grievance redress mechanisms will significantly increase, allowing us to take corrective action as necessary. 

“The World Bank Group has a longstanding and productive relationship with Uganda; and we remain committed to helping all Ugandans—without exception—escape poverty, access vital services, and improve their lives.”

+ posts

Featured Stories

Latest from Africa

Kenya 2027: What One Tweet Reveals About Ruto’s Poll Victory

In the sunlit streets of Kondele, Kisumu, President William Ruto addressed a swelling crowd, captured in a single tweet that has since become a digital window into Kenya’s political mood. Prime Business Africa investigations showed that the post was of  him standing

Burkina Faso Junta Dissolves Political Parties

Burkina Faso’s transitional government has dissolved all political parties, repealed the laws that governed their operation, and transferred their assets to the state, the presidency announced on Thursday. The move comes more than three years after a September 2022 coup brought junta

How Civilian Discontent Is Fueling Africa’s Military Coups

The Association of Foreign Relations Professionals of Nigeria (AFRPN) has called on African governments to address the underlying causes of military coups. Speaking at a press conference in Abuja ahead of the association’s 8th Annual Lecture and Conference, AFRPN President Ambassador Gani

Bobi Wine: When Uganda’s Politics Turned Personal

Inside Bobi Wine’s home, the front door is no longer a barrier but a line of confrontation. Soldiers have occupied the space where he lives with his wife and children, questioning, filming and searching, leaving traces of fear and defiance in every
Fans React As Nigerian Skit Maker, Earns Standing Ovation On America's Got Talent
Previous Story

Fans React As Nigerian Skit Maker, Earns Standing Ovation On America’s Got Talent

Next Story

Timi Frank Tackles Akpabio Over Vacation Allowance, Seeks His Resignation 

Don't Miss

Modi and Tinubu

Nigeria-India Relations: Tinubu, Modi Push For Mutually Beneficial Bilateral Ties

Nigeria’s President, Bola Tinubu and Indian Prime Minister, Narendra Modi,
AGF Abubakar Malami

Why Buhari Would Not Sign New Electoral Law – Malami

The Minister of Justice and Attorney General of Nigeria, Abubakar