Financing Africa's Cities

Financing Africa's Cities PDF Author: Thierry Paulais
Publisher: World Bank Publications
ISBN: 0821389483
Category : Business & Economics
Languages : en
Pages : 378

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Book Description
This volume addresses the issues of financing urban growth of the African continent -- which has the highest urban growth rate on the planet -- in the next decades. Considerable investment will be needed to sustain this level of growth and to clear up accumulated backlogs. At the same time, decentralization has resulted in increased responsibilities for local government; but in most cases, institutional reforms were carried out without the transfer of a sufficient level of resources, and local capacities in governance and project management are weak. Which mechanisms will finance these extensive needs, and how will African local governments meet these needs? Specifics on how to finance African cities have not been studied. The actual scale of this market has not been fully grasped. A systemic approach to this market is difficult because of its diversity (country size; institutional context; characteristics of urban network; availability of capital market, currency, etc.) and a lack of data. Donors’ assistance methods in the sector are disparate, marked by disputes between different schools of thought; special-purpose vehicles created by donors operate according to a variety of methods and with wide-ranging and sparsely disseminated results. What is the best way to transform these systems, often antiquated in many respects, into modern financing systems that facilitate access to domestic markets, mobilize local savings and reinforce local government autonomy? There is no single answer to this question in regard to such a variety of institutional and economic contexts. The main objective of the study is to clarify the debates and to enlighten the choices of African decision-makers at local and national level.

Financing Africa's Cities

Financing Africa's Cities PDF Author: Thierry Paulais
Publisher: World Bank Publications
ISBN: 0821389483
Category : Business & Economics
Languages : en
Pages : 378

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Book Description
This volume addresses the issues of financing urban growth of the African continent -- which has the highest urban growth rate on the planet -- in the next decades. Considerable investment will be needed to sustain this level of growth and to clear up accumulated backlogs. At the same time, decentralization has resulted in increased responsibilities for local government; but in most cases, institutional reforms were carried out without the transfer of a sufficient level of resources, and local capacities in governance and project management are weak. Which mechanisms will finance these extensive needs, and how will African local governments meet these needs? Specifics on how to finance African cities have not been studied. The actual scale of this market has not been fully grasped. A systemic approach to this market is difficult because of its diversity (country size; institutional context; characteristics of urban network; availability of capital market, currency, etc.) and a lack of data. Donors’ assistance methods in the sector are disparate, marked by disputes between different schools of thought; special-purpose vehicles created by donors operate according to a variety of methods and with wide-ranging and sparsely disseminated results. What is the best way to transform these systems, often antiquated in many respects, into modern financing systems that facilitate access to domestic markets, mobilize local savings and reinforce local government autonomy? There is no single answer to this question in regard to such a variety of institutional and economic contexts. The main objective of the study is to clarify the debates and to enlighten the choices of African decision-makers at local and national level.

Africa's Cities

Africa's Cities PDF Author: Somik V. Lall
Publisher: World Bank Publications
ISBN: 9781464810442
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
Cities in Sub-Saharan Africa are experiencing rapid population growth. Yet their economic growth has not kept pace. Why? One factor might be low capital investment, due in part to Africa's relative poverty: Other regions have reached similar stages of urbanization at higher per capita GDP. This study, however, identifies a deeper reason: African cities are closed to the world. Compared with other developing cities, cities in Africa produce few goods and services for trade on regional and international markets To grow economically as they are growing in size, Africa's cities must open their doors to the world. They need to specialize in manufacturing, along with other regionally and globally tradable goods and services. And to attract global investment in tradables production, cities must develop scale economies, which are associated with successful urban economic development in other regions. Such scale economies can arise in Africa, and they will--if city and country leaders make concerted efforts to bring agglomeration effects to urban areas. Today, potential urban investors and entrepreneurs look at Africa and see crowded, disconnected, and costly cities. Such cities inspire low expectations for the scale of urban production and for returns on invested capital. How can these cities become economically dense--not merely crowded? How can they acquire efficient connections? And how can they draw firms and skilled workers with a more affordable, livable urban environment? From a policy standpoint, the answer must be to address the structural problems affecting African cities. Foremost among these problems are institutional and regulatory constraints that misallocate land and labor, fragment physical development, and limit productivity. As long as African cities lack functioning land markets and regulations and early, coordinated infrastructure investments, they will remain local cities: closed to regional and global markets, trapped into producing only locally traded goods and services, and limited in their economic growth.

Which Way to Livable and Productive Cities?

Which Way to Livable and Productive Cities? PDF Author: Kirsten Hommann
Publisher: World Bank Publications
ISBN: 1464814058
Category : Political Science
Languages : en
Pages : 59

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Book Description
For African cities to grow economically as they have grown in size, they must create productive environments to attract investments, increase economic efficiency, and create livable environments that prevent urban costs from rising with increased population densification. What are the central obstacles that prevent African cities and towns from becoming sustainable engines of economic growth and prosperity? Among the most critical factors that limit the growth and livability of urban areas are land markets, investments in public infrastructure and assets, and the institutions to enable both. To unleash the potential of African cities and towns for delivering services and employment in a livable and environmentally friendly environment, a sequenced approach is needed to reform institutions and policies and to target infrastructure investments. This book lays out three foundations that need fixing to guide cities and towns throughout Sub-Saharan Africa on their way to productivity and livability.

African Cities and the Development Conundrum

African Cities and the Development Conundrum PDF Author: Carole Ammann
Publisher: BRILL
ISBN: 9004387943
Category : Law
Languages : en
Pages : 348

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Book Description
This 10th thematic volume of International Development Policy presents a collection of articles exploring some of the complex development challenges associated with Africa’s recent but extremely rapid pace of urbanisation that challenges still predominant but misleading images of Africa as a rural continent. Analysing urban settings through the diverse experiences and perspectives of inhabitants and stakeholders in cities across the continent, the authors consider the evolution of international development policy responses amidst the unique historical, social, economic and political contexts of Africa’s urban development. Contributors include: Carole Ammann, Claudia Baez Camargo, Claire Bénit-Gbaffou, Karen Büscher, Aba Obrumah Crentsil, Sascha Delz, Ton Dietz, Till Förster, Lucy Koechlin, Lalli Metsola, Garth Myers, George Owusu, Edgar Pieterse, Sebastian Prothmann, Warren Smit, and Florian Stoll.

Land Delivery Systems in West African Cities

Land Delivery Systems in West African Cities PDF Author: Alain Durand-Lasserve
Publisher: World Bank Publications
ISBN: 1464804346
Category : Business & Economics
Languages : en
Pages : 133

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Book Description
This book proposes a new approach for a systemic and dynamic analysis of urban and peri-urban land markets in West Africa and applies it to Bamako, Mali. Based on a description of 'land delivery' processes, it sheds light on the challenges faced by the urban poor in accessing secure land.

Governing and Financing Cities in the Developing World

Governing and Financing Cities in the Developing World PDF Author: Roy W. Bahl
Publisher:
ISBN: 9781558443839
Category : Municipal finance
Languages : en
Pages : 60

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Book Description
Metropolitan cities are engines of growth and modernization in developing countries. The challenge is in governing these rapidly growing urban agglomerations and financing the operating costs required to meet the needs of the people and businesses. This report explores metropolitan governance and management approaches and assesses various financing tools, including taxes and user charges. It also explores external financing, such as transfers from higher-level government, borrowing, private-public partnerships, and international assistance.

The State of African Cities 2010

The State of African Cities 2010 PDF Author:
Publisher: UN-HABITAT
ISBN: 921132291X
Category : Business & Economics
Languages : en
Pages : 140

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Book Description
The State of the African Cities 2010 goes above and beyond the first report, which provided a general overview of housing and urban management issues in Africa. With the subtitle: Governance, inequity and urban land markets, the report uncovers critical urban issues and challenges in African cities, using social and urban geography as the overall entry points. While examining poverty, slum incidence and governance, the report sheds more light on inequity in African cities, and in this respect follows the main theme of the global State of the World's Cities 2010 report. Through a regional analysis, the report delves deeper into the main urban challenges facing African cities, while provoking dialogue and discussion on the role of African cities in improving national, regional and local economies through sustainable and equitable development. The report has been drafted in cooperation with Urban Land Mark. Through an analytical survey of several African cities, the report examines urban growth, social conditions in slums, environmental and energy issues and, especially, the role of urban land markets in accessing land and housing.

Decentralization and Local Democracy in the World

Decentralization and Local Democracy in the World PDF Author: United Cities and Local Governments (UCLG)
Publisher: World Bank Publications
ISBN: 0821377353
Category : Political Science
Languages : en
Pages : 350

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Book Description
'Decentralization and Local Democracy in the World' constitutes a global reference on decentralization by presenting the contemporary situation of local governments in all regions of the world. The report analyzes local authorities in each continent under three main themes: the evolution of territorial structures; responsibilities and power, management and finances; and local democracy. An additional chapter is dedicated to the governance of large metropolises, where rapid growth presents major challenges, in particular in the fast-developing countries of the South. This report also offers a comparative overview of the different realities concerning the state of decentralization, and how the basic indispensable mechansims for local democracy do, or do not exist in come countries. Relationships between the state and local authorities are evolving toward innovative forms of cooperation. In this context, the role of local authorities in the development of global policies is increasingly recognized. The first Global Observatory on Local Democracy and Decentralization (GOLD) Report is one of the main products of United Cities and Local Governments (UCLG). The GOLD Report is the first of what will be a triennial publication. UCLG represents and defends the interests of local governments on the world stage, regardless of the size of the communities they serve. Headquartered in Barcelona, the organization's stated mission is: To be the united voice and world advocate of democratic local self-government, promoting its values, objectives and interests, through cooperation between local governments, and within the wider international community.

Africa's Urban Revolution

Africa's Urban Revolution PDF Author: Doctor Edgar Pieterse
Publisher: Zed Books Ltd.
ISBN: 1780325231
Category : Social Science
Languages : en
Pages : 301

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Book Description
The facts of Africa’s rapid urbanisation are startling. By 2030 African cities will have grown by more than 350 million people and over half the continent's population will be urban. Yet in the minds of policy makers, scholars and much of the general public, Africa remains a quintessentially rural place. This lack of awareness and robust analysis means it is difficult to make a policy case for a more overtly urban agenda. As a result, there is across the continent insufficient urgency directed to responding to the challenges and opportunities associated with the world’s last major wave of urbanisation. Drawing on the expertise of scholars and practitioners associated with the African Centre for Cities, and utilising a diverse array of case studies, Africa's Urban Revolution provides a comprehensive insight into the key issues - demographic, cultural, political, technical, environmental and economic - surrounding African urbanisation.

Housing Market Dynamics in Africa

Housing Market Dynamics in Africa PDF Author: El-hadj M. Bah
Publisher: Springer
ISBN: 1137597925
Category : Business & Economics
Languages : en
Pages : 285

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Book Description
This open access book utilizes new data to thoroughly analyze the main factors currently shaping the African housing market. Some of these factors include the supply and demand for housing finance, land tenure security issues, construction cost conundrum, infrastructure provision, and low-cost housing alternatives. Through detailed analysis, the authors investigate the political economy surrounding the continent’s housing market and the constraints that behind-the-scenes policy makers need to address in their attempts to provide affordable housing for the majority in need. With Africa’s urban population growing rapidly, this study highlights how broad demographic shifts and rapid urbanization are placing enormous pressure on the limited infrastructure in many cities and stretching the economic and social fabric of municipalities to their breaking point. But beyond providing a snapshot of the present conditions of the African housing market, the book offers recommendations and actionable measures for policy makers and other stakeholders on how best to provide affordable housing and alleviate Africa’s housing deficit. This work will be of particular interest to practitioners, non-governmental organizations, private sector actors, students and researchers of economic policy, international development, and urban development.