Financing Africa's Cities: The Imperative of Local Investment

Financing Africa's Cities: The Imperative of Local Investment book cover

Financing Africa's Cities: The Imperative of Local Investment

Author(s): Thierry Paulais

  • Publisher: World Bank Publications
  • Publication Date: 30 July 2012
  • Edition: Illustrated
  • Language: English
  • Print length: 250 pages
  • ISBN-10: 082139455X
  • ISBN-13: 9780821394557

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.

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