World Bank declares once-poor Tanzania a middle-income country

It’s official – Tanzania, though not yet rich, is no longer poor.

The World Bank has declared Tanzania to be a middle-income country.

It says that the average income per person rose to about R18 500 (US$1080) per year in 2020 from about R17 400 (US$1020) per year in 2019.

The Bank downgraded Sudan from a lower-middle-income country to low-income country.

Algeria went from being an upper-middle-income country to be a lower-middle-income country.

Mauritius joined Seychelles as the only two high-income African countries.

The World Bank classifies South Africa as an upper-middle-income country.

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