Urban infrastructure in Sub-Saharan Africa – harnessing land values, housing and transport

Urban infrastructure in Sub-Saharan Africa – harnessing land values, housing and transport

In the coming decades, Sub-Saharan Africa is projected to experience ongoing and increasing population growth, economic growth and urbanisation, with consequent pressures on demand for land, housing, infrastructure and services. In this context the demand for infrastructure will grow rapidly with the region already experiencing a large gap between finance needed to provide the necessary infrastructure and what is available. Hence, new methods for financing infrastructure are needed with the option of using land value capture being important as it has been used successfully in other parts of the world. For this to happen a properly functioning land market and sound urban infrastructure financing policies are required. These are the core focus areas of this literature review which deals with the nature and dynamics of urban property markets in Sub-Saharan Africa and way in which these can provide a basis for funding urban infrastructure using various land value capture mechanisms.