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A proposed anti-gay law in Kenya has the potential to cost the country up to $7.8 billion annually, according to a report from the UK-based charity Open for Business. This figure highlights the economic implications of discrimination against LGBTQ individuals in East Africa, where Kenya, Tanzania, Uganda, and Rwanda already endure losses totaling approximately $5 billion per year due to such discrimination.
Currently, homosexuality is criminalized in Kenya under a colonial-era law, but enforcement is rare, allowing the country to maintain a degree of safety for LGBTQ individuals compared to other regional nations. However, stigma and discrimination remain pervasive, fueled by religious rhetoric and political populism. Proposed legislation, including a Family Protection Bill, seeks to impose severe penalties for gay relations, potentially hindering investments and foreign aid.
Open for Business underscores that anti-LGBTQ laws deter economic growth and skepticism from investors. The report serves as a call to action for business leaders, civil societies, and government officials, arguing for a more inclusive approach that benefits all of East Africa's citizenry.