Financing Infrastructure in African Cities
Learn strategies for financing urban infrastructure in Africa. Master local revenue mobilization and innovative project funding.
Learn strategies for financing urban infrastructure in Africa. Master local revenue mobilization and innovative project funding.
This course addresses the critical challenge of financing infrastructure in rapidly urbanizing African cities. It provides a comprehensive overview of urban finance mechanisms, focusing on the unique challenges and opportunities in African contexts. The curriculum covers key areas such as financial decision-making in urban systems, strategies for mobilizing local revenues, innovative mechanisms for financing infrastructure projects through partnerships, and financial decision-making under uncertainties and risks. Designed for urban planners, local government officials, and anyone interested in urban development in Africa, the course offers practical insights into improving city finances and infrastructure. Participants will learn about the principles of urban finance, decentralization, public-private partnerships, and risk analysis in urban projects. The course emphasizes real-world applications, featuring case studies and a capstone project where learners develop a policy note for improving local government revenues and financing infrastructure in their cities. By the end of the course, participants will be equipped with the knowledge and tools to advise on urban finance strategies, contributing to the sustainable development of African cities.
4.6
(57 ratings)
5,309 already enrolled
Instructors:
Jaap Spronk
Somesh Sharma
English
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What you'll learn
Understand the financial decision-making environment in urban systems
Master mechanisms for mobilizing local revenues in African cities
Learn innovative strategies for financing infrastructure projects through partnerships
Develop skills in financial decision-making under uncertainties and risks
Analyze the principles of decentralization and their impact on urban finance
Apply the benefit model to local government finance
Skills you'll gain
This course includes:
216 Minutes PreRecorded video
4 quizzes
Access on Mobile, Tablet, Desktop
FullTime access
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There are 6 modules in this course
This course provides a comprehensive exploration of financing infrastructure in African cities. It begins with an introduction to urban finance and the unique challenges faced by rapidly urbanizing African cities. The curriculum then delves into the principles of local governance and decentralization, exploring various mechanisms for mobilizing local revenues. Participants will learn about innovative financing strategies, including public-private partnerships, and how to apply these in the context of African urban development. The course also covers advanced topics such as financial decision-making under uncertainty, risk analysis, and the use of multi-criteria analysis in urban projects. Throughout the program, real-world case studies from African cities are used to illustrate key concepts. The course culminates in a capstone project where learners apply their knowledge to develop a policy note for improving local government revenues and financing infrastructure projects in their own cities. This practical approach ensures that participants gain not only theoretical knowledge but also applicable skills in urban finance and infrastructure development.
Welcome to the Course
Module 1 · 49 Minutes to complete
Introduction to Urban Finance
Module 2 · 2 Hours to complete
Financing Current Expenditures
Module 3 · 5 Hours to complete
Financing Capital Expenditures
Module 4 · 5 Hours to complete
Financial Decision Making for Municipal Governments
Module 5 · 3 Hours to complete
Capstone Project
Module 6 · 3 Hours to complete
Fee Structure
Payment options
Financial Aid
Instructors
Jaap Spronk
4.6 rating
18 Reviews
5,359 Students
1 Course
Emeritus Professor of Financial Management Science at Erasmus University Rotterdam
Dr. Jaap Spronk is an emeritus full professor of financial management science at the Rotterdam School of Management, Erasmus University (RSM). He joined RSM in 2008, where he served as the academic dean of MBA programs until 2014. Prior to this role, he held several significant positions at the Erasmus School of Economics, including vice-dean of international new business development, director of studies, and chairman of the Department of Finance. Dr. Spronk has been a prominent figure in the field of finance and investment since becoming a full professor in 1982. His contributions extend beyond teaching, as he has served as an editor for numerous academic journals, including managing editor for the Springer Series in Financial Modelling and associate editor for the Journal of Multiple Criteria Decision Analysis. His legacy continues through initiatives such as the Jaap Spronk Memorial Fund, which aims to support educational opportunities and inspire future generations of students.
Somesh Sharma
4.6 rating
18 Reviews
5,359 Students
1 Course
Expert in Environment and Sustainable Development Planning at Erasmus University Rotterdam
Somesh Sharma is an academic staff member with the ‘Managing and Financing Urban Infrastructure (MFUI)’ group at the Institute for Housing and Urban Development Studies (IHS) at Erasmus University Rotterdam. He holds a Bachelor's degree in Civil Engineering and two Master's degrees in Urban Planning and Urban Management and Development. His research and teaching focus on sustainable urban transport, environmental planning and policy, green and smart infrastructure, and climate change adaptation and mitigation planning. Somesh specializes in designing decision support systems for urban management, having developed various models including the Sustainable Benefits Assessment Methodology (SBA), Travel Demand Forecasting Model, and Transport Emission Estimation Model. He is also an expert in Remote Sensing and Geographical Information Systems (RS and GIS), applying these tools in climate change impact assessments, vulnerability assessments, and sustainable development planning. Additionally, he coordinates multiple educational programs, including the MOOC "Financing Infrastructure in African Cities," contributing to capacity-building efforts in urban sustainability.
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4.6 course rating
57 ratings
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