Close Menu
Chronicle NG
    Trending Stories
    FCMB launches SheVentures zero-interest loan scheme for women entrepreneurs in Nigeria.

    FCMB unveils zero-interest loans for women entrepreneurs

    May 8, 2026
    Fernandes scores as Man United beat Leicester 3-0

    Bruno Fernandes wins FWA footballer of the year

    May 8, 2026
    Tinubu Bianca Ojukwu celebrates Adetshina feat at Miss Universe 2024

    Bianca Ojukwu assumes office as foreign affairs minister

    May 8, 2026
    Facebook X (Twitter) Instagram
    Trending
    • FCMB unveils zero-interest loans for women entrepreneurs
    • Bruno Fernandes wins FWA footballer of the year
    • Bianca Ojukwu assumes office as foreign affairs minister
    • US to revoke passports of parents owing over $2,500 in child support
    • Remi Tinubu says Senate was better during her time
    • A question for Goodluck Jonathan by Mike Arnord
    • 2027: Jonathan prays court to throw out suit challenging eligibility
    • Turaki dares Wike, ‘come seal our office if you can’
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Friday, May 8
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    World Bank suspends finance to Uganda over anti-LGBTQ law

    Vincent OsuwoBy Vincent OsuwoAugust 9, 2023No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    World Bank says Nigeria reforms paying off, others 
    The World Bank
    Facebook Twitter WhatsApp

    The World Bank has stopped the approval of new public finance projects in Uganda over the signing into law of a bill criminalising same-sex relationships in the country.

    According to the World Bank, “Uganda’s Anti-Homosexuality Act fundamentally contradicts the World Bank Group’s values”.

    It further added that “no new public financing” would be presented to the bank’s board of directors for approval for the time being.

    • Uganda court charge couple for child trafficking

    The decision comes in response to demands from human rights organisations and members of the US Congress to take a harsher stance with Kampala on the law, which is among the worst in the world.

    Uganda’s Anti-Homosexuality Act of 2023 contains provisions making “aggravated homosexuality” a capital offence and imposing penalties for consensual same-sex relations of up to life in prison.

    “Our goal is to protect sexual and gender minorities from discrimination and exclusion in the projects we finance,” the World Bank said Tuesday, adding that it was in discussion with the Ugandan authorities over the issue.

    At the end of July, several members of the US Congress called Ajay Banga, the president of the financial institution to “immediately postpone and suspend all current and future lending to Uganda” until the law was struck down.

    Following the signing of the bill into law, the US State Department updated its travel advisory, telling citizens to “reconsider travel to Uganda due to crime, terrorism, and anti-LGBTQI+ legislation.”

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    FCMB launches SheVentures zero-interest loan scheme for women entrepreneurs in Nigeria.

    FCMB unveils zero-interest loans for women entrepreneurs

    Tinubu Bianca Ojukwu celebrates Adetshina feat at Miss Universe 2024

    Bianca Ojukwu assumes office as foreign affairs minister

    Mock-up of a US commemorative passport featuring Donald Trump portrait and America250 anniversary design elements.

    US to revoke passports of parents owing over $2,500 in child support

    Oluremi Tinubu speaking during a public event while reflecting on her years in the Nigerian Senate.

    Remi Tinubu says Senate was better during her time

    ADC woos Jonathan, Saraki, Makinde in new expansion drive

    A question for Goodluck Jonathan by Mike Arnord

    ADC woos Jonathan, Saraki, Makinde in new expansion drive

    2027: Jonathan prays court to throw out suit challenging eligibility

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    FCMB launches SheVentures zero-interest loan scheme for women entrepreneurs in Nigeria.

    FCMB unveils zero-interest loans for women entrepreneurs

    May 8, 2026
    Fernandes scores as Man United beat Leicester 3-0

    Bruno Fernandes wins FWA footballer of the year

    May 8, 2026
    Tinubu Bianca Ojukwu celebrates Adetshina feat at Miss Universe 2024

    Bianca Ojukwu assumes office as foreign affairs minister

    May 8, 2026
    Mock-up of a US commemorative passport featuring Donald Trump portrait and America250 anniversary design elements.

    US to revoke passports of parents owing over $2,500 in child support

    May 8, 2026
    Oluremi Tinubu speaking during a public event while reflecting on her years in the Nigerian Senate.

    Remi Tinubu says Senate was better during her time

    May 8, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.