LAND BASED FINANCE FOR SUSTAINABLE URBAN DEVELOPMENT IN AFRICA: CHALLENGES AND PROSPECTS
As African cities expand so does the pressure to improve infrastructure and extend key public services for the growing urban populations. With limited tax receipts, local governments are struggling to finance new urban development or even maintain existing infrastructure. As land has inherent advant...
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| Format: | Article |
| Language: | English |
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EL-AYACHI
2020-11-01
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| Series: | African Journal on Land Policy and Geospatial Sciences |
| Subjects: | |
| Online Access: | https://revues.imist.ma/index.php/AJLP-GS/article/view/23884 |
| _version_ | 1797341848344199168 |
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| author | Siraj SAIT |
| author_facet | Siraj SAIT |
| author_sort | Siraj SAIT |
| collection | DOAJ |
| description | As African cities expand so does the pressure to improve infrastructure and extend key public services for the growing urban populations. With limited tax receipts, local governments are struggling to finance new urban development or even maintain existing infrastructure. As land has inherent advantages in generating revenue, Land-based financing (LBF) is being seriously considered or piloted as an innovative and additional source for enhancing budgets for infrastructure projects, public services and wider sustainable development. However, the potential and limitations of implementing LBF in African socio-economic and political contexts have been under-researched. LBF feasibility depends on efficiency of several systems such as land rights, land markets, planning process, valuation protocols, local economic strategies and stakeholder involvement as part of a wider functional land governance framework. Based on emerging literature review and assessment of the policy discourse, this article critically explores the Responsible Land Administration (RLA) principles, professional practices and technical capacities that could facilitate the deployment of LBF instruments to invigorate smart, prosperous, fair and inclusive African cities. |
| first_indexed | 2024-03-08T10:25:01Z |
| format | Article |
| id | doaj.art-cd8a7df7b1e34eaaa413d9c893054a47 |
| institution | Directory Open Access Journal |
| issn | 2657-2664 |
| language | English |
| last_indexed | 2024-03-08T10:25:01Z |
| publishDate | 2020-11-01 |
| publisher | EL-AYACHI |
| record_format | Article |
| series | African Journal on Land Policy and Geospatial Sciences |
| spelling | doaj.art-cd8a7df7b1e34eaaa413d9c893054a472024-01-27T08:13:03ZengEL-AYACHIAfrican Journal on Land Policy and Geospatial Sciences2657-26642020-11-013510.48346/IMIST.PRSM/ajlp-gs.v3i3.23884LAND BASED FINANCE FOR SUSTAINABLE URBAN DEVELOPMENT IN AFRICA: CHALLENGES AND PROSPECTSSiraj SAIT0University East of LondonAs African cities expand so does the pressure to improve infrastructure and extend key public services for the growing urban populations. With limited tax receipts, local governments are struggling to finance new urban development or even maintain existing infrastructure. As land has inherent advantages in generating revenue, Land-based financing (LBF) is being seriously considered or piloted as an innovative and additional source for enhancing budgets for infrastructure projects, public services and wider sustainable development. However, the potential and limitations of implementing LBF in African socio-economic and political contexts have been under-researched. LBF feasibility depends on efficiency of several systems such as land rights, land markets, planning process, valuation protocols, local economic strategies and stakeholder involvement as part of a wider functional land governance framework. Based on emerging literature review and assessment of the policy discourse, this article critically explores the Responsible Land Administration (RLA) principles, professional practices and technical capacities that could facilitate the deployment of LBF instruments to invigorate smart, prosperous, fair and inclusive African cities.https://revues.imist.ma/index.php/AJLP-GS/article/view/23884Land Based FinancingResponsible Land AdministrationSustainable Urban DevelopmentInfrastructureMunicipal |
| spellingShingle | Siraj SAIT LAND BASED FINANCE FOR SUSTAINABLE URBAN DEVELOPMENT IN AFRICA: CHALLENGES AND PROSPECTS African Journal on Land Policy and Geospatial Sciences Land Based Financing Responsible Land Administration Sustainable Urban Development Infrastructure Municipal |
| title | LAND BASED FINANCE FOR SUSTAINABLE URBAN DEVELOPMENT IN AFRICA: CHALLENGES AND PROSPECTS |
| title_full | LAND BASED FINANCE FOR SUSTAINABLE URBAN DEVELOPMENT IN AFRICA: CHALLENGES AND PROSPECTS |
| title_fullStr | LAND BASED FINANCE FOR SUSTAINABLE URBAN DEVELOPMENT IN AFRICA: CHALLENGES AND PROSPECTS |
| title_full_unstemmed | LAND BASED FINANCE FOR SUSTAINABLE URBAN DEVELOPMENT IN AFRICA: CHALLENGES AND PROSPECTS |
| title_short | LAND BASED FINANCE FOR SUSTAINABLE URBAN DEVELOPMENT IN AFRICA: CHALLENGES AND PROSPECTS |
| title_sort | land based finance for sustainable urban development in africa challenges and prospects |
| topic | Land Based Financing Responsible Land Administration Sustainable Urban Development Infrastructure Municipal |
| url | https://revues.imist.ma/index.php/AJLP-GS/article/view/23884 |
| work_keys_str_mv | AT sirajsait landbasedfinanceforsustainableurbandevelopmentinafricachallengesandprospects |