Lower middle income status

Kenya confirmed as lower-middle income country

Kenya confirmed as lower-middle income country

Kenya becomes the first East African country to be granted lower-middle income status, joining the African countries of Morocco, Nigeria, Cameroon, Congo, Cote d’Ivoire, Egypt, Senegal, Ghana, Sudan, Swaziland, Lesotho and Zambia. The World Bank has confirmed Kenya’s status following the change in the way the size of its economy is calculated, showing it was […]

Uganda hopeful to attain lower middle income status

Uganda hopeful to attain lower middle income status

The Government of Uganda is optimistic that the country will attain the lower middle income status in the next five years if the new National Development Plan (NDP) is effectively implemented. The new NDP which is to be launched by President Museveni aims at strengthening Uganda’s competitiveness for sustainable wealth, employment and inclusive growth. State Minister […]