The content of this field is kept private and will not be shown publicly. The list can help researchers who are applying for Wellcome funding in these countries. Home » News » China not pursing debt-trap diplomacy in Africa, middle income countries- Diplomats On September 14, 2020 2:12 am In News by Nwafor Kindly Share This Story: Aid is still crucial in most of Africa but because of these trends it needs to be delivered differently (http://www.brookings.edu/research/books/2010/deliveringaiddifferently). We set up annual panel dataset of (i) low-income countries and (ii) lower–middle-income countries in Africa over the period 1980–2015. By most social standards these countries remain very poor but they would have sufficient resources to fight poverty successfully. To learn more about cookies, click here. Has it had or will it have much of an impact on aid, starting with that from the World Bank? Thanks. Best regards While continuing to face major development challenges, most of the new MICs benefitted from improved economic policies and Africa’s broader growth momentum. However, let me reemphasize our two main points (which we develop more deeply in the paper, www.ifri.org/downloads/devajaranetfengler.pdf): First, there are more countries in MIC status than most people thought possible some ten years ago. This is not an irrational fad. To be sure, even at $1,000 per capita, many of these countries still have high levels of poverty and poor human development indicators. This shows how leadership and policies matter a lot! Why is DRC the most underdeveloped country in the world? Lower middle - income countries of Africa and Asia have accommodated a large portion of the world’s population, where mental health research has been under-prioritized. 1 Table of Contents 1. Decent Work in Middle-Income Countries in Africa – A Framework for ILO Engagement vii . One way to track Africa’s progress is by charting the number of countries that have achieved “Middle Income status”. The world’s Middle Income Countries (MICs), which are defined as having a per capita gross national income of US$1,026 to $12,475 (2011) are a diverse group by size, population, and income level. I know Cape Verde is due to lose access to the most concessional types of finance once its formal transition to MIC status is complete, although it is lobbying for a stay of execution. Global data and statistics, research and publications, and topics in poverty and development, The World Bank in Middle Income Countries, Environmental and Social Policies for Projects, Climate Insurance: Risk insurance program bolsters relief efforts, speeds up recovery. Methods. Second, despite this good news, many development challenges remain as large as ever, especially many oil-rich countries have failed to improve services and reduce poverty. Kenya, East Africa’s largest economy, is not among them (or for that matter is any other EAC member). This site uses cookies to optimize functionality and give you the best possible experience. Upper middle income countries Upper middle income countries This group consists of 12 following countries: Algeria, Angola, Botswana, Brazil, China, Gabon, Libya, Mauritius, Namibia, Seychelles, South Africa, Tunisia. in terms of sustainable job creation for the youth and poverty eradication especially in rural areas. African countries will have access to the COVID-19 vaccines from the end of January through the first quarter of 2021, said a special envoy of the African Union (AU) on Wednesday. We included surveys for countries classified as low income or middle income on the basis of their Socio-demographic Index (SDI) quintile: low SDI, low-middle SDI, or middle SDI. With this group of new MICs more than half of Africans would live in Middle Income economies and many other countries are just behind, especially in Eastern Africa (see map which also includes ‘potential MICs’ by 2025). See how fast Angola has moved after the war ended. In Sub-Saharan Africa, countries with a gross domestic income (GDI) per capita of between $1,026 and $12,475 in 2015 and were classified as middle-income countries. However, this definition is not universally agreed upon. Silicon Valley companies are coming to Kenya to learn about its homegrown ICT revolution. Debout Congolais! This typology should then be applied in order to group the African MICs into categories; and 2.a draft strategy for ILO action and resource mobilization in MICs. Unlike in some rich countries, public debt levels in most of Africa are sustainable. Browse an up-to-date list of low- and middle-income countries. about! But there are obvious gaps in the investment strategy of the WB if they really base their funding on the GNI or per capita income etc. The 2018 GNI per capita figure has been revised down to $840 from the previously published figure of $1,560 (which is listed in the table). We face big challenges to help the world’s poorest people and ensure that everyone sees benefits from economic growth. Middle Income Countries are a diverse group by size, population and income level, and are home to 75% of the world’s population and 62% of the world’s poor. I have been to many of these African countries, both remote areas and urban...What ails the continent is inequality. Why do Congolese people allow themselves to be ruled by rebels and plutocrats? This average, however, masks wide differences. One way to track Africa’s progress is by charting the number of countries that have achieved “middle income status”. Interesting blog post. YES,african economies are performing far much better than the previous years.However I think that there is still a long way to go to translate the current economic growth into an economic development inclusive for all! "the seller on the streets, the rural smallholders must feel that change into their daily lives "'. Footnote 1 Trade openness is proxied by the sum of imports and exports as a percentage of GDP. The current boom is underpinned by sound macro policies and political stability. Hardly a week goes by without an African investors’ conference or growth summit. And finally why does everybody always write off Somali despite it's location? Only one person got it right and almost everyone is surprised to hear the result: Africa today is home to 22 MICs (23 if South Sudan is included)! Spending power is forecasted to grow from $1.9 billion to $7.4 billion (303%) in Mauritania and from $303 million to $1.2 billion (289%) in Gambia … middle-income countries that are entering the phase of high participation systems. Add another country by pressing in the following countries list to compare the data. In Africa, ICU beds and personnel trained in critical care are limited to tertiary hospitals, as assessed in the Republic of The Gambia; therefore, mortality associated with COVID-19 is likely to exceed the reported case fatality rate of 2.3%. Most low-income countries (LICs) aim to become middle-income countries (MICs), and many have succeeded. These are Angola, Botswana, Equatorial Guinea, Gabon, Mauritius, Namibia and South Africa who have a GDI of at least $4,036. In the World Bank’s definition, you become a middle-income country (or “MIC”) when you cross the $1,000 GDP per capita threshold. Only about 13 countries will remain low-income, most of them fragile states. I will certainly comeback. Sustaining growth and making it more pro-poor will be a tall order, as the experience of some of the mature MICs shows. Second, even if aid is growing its share of African economies and budgets is shrinking. A developing country (or a low and middle income country (LMIC), less developed country, less economically developed country (LEDC), or underdeveloped country) is a country with a less developed industrial base and a low Human Development Index (HDI) relative to other countries. Built primarily for use in low- and middle-income countries, the OVSI ventilator can be cheaply and quickly manufactured from readily available components. Africa has mature economies, such as Botswana, Mauritius and South Africa; it is also home to fragile and conflict-affected countries that are still struggling with entrenched poverty, such as Burundi, the Democratic Republic of Congo or Guinea-Bissau. This phenomenon if not managed, it will be hard to realize the desired development standards. Forth are Africa’s next MICs. Angola, Congo (Brazzaville), Equatorial Guinea, Gabon, Ghana, Nigeria, Zambia, Sudan. Since the turn of the century, Africa’s growth has been robust (averaging 5-6 percent GDP growth a year), making important contributions to poverty reduction. The problem in Africa is mainly inequality. Growth in MICs, according to the World Bank, has positive ripple effects on other countries such as international trade, reduction of border conflicts, sustainable energy development, and food and water security. Nevertheless, reaching middle-income status signifies membership in the same group as, say, Indonesia, Mexico and China, which have access to global capital markets. Due to the specific challenge of this topic, in addition to the minimum number of participants set out in the General Annexes, proposals submitted to SC1-HCC-09-2020 shall include at least one partner from low or lower middle income countries in Africa. HIV-positive children in developing countries will have access to more appropriate and, above all, four times cheaper treatment. The upper-middle-income group has per capita incomes between $4,038 and $12,475. I was trying to to look for Rwanda, though very small but performs better than its neighbors. It also signifies a level of resources that can, in principle, be used to address the country’s development needs. We have informally asked this question of 200 people (many pundits and professionals among them). The lower-middle-income nations have GNI per capita of $1,026 to $4,035. I think you need to look at new discoveries at EAst Africa, gas, oil. Very interesting indeed. 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