Financing Infrastructure in African Cities

United Cities and Local Governments of Africa via Coursera

Go to Course: https://www.coursera.org/learn/financing-infrastructure-in-african-cities

Introduction

# Course Review: Financing Infrastructure in African Cities on Coursera In our rapidly urbanizing world, the dynamics of city living demand an understanding of various sectors that maintain and improve urban life. The course "Financing Infrastructure in African Cities" offered on Coursera provides a timely and crucial examination of urban finance specifically tailored to the unique challenges faced by African cities. With the continent set to witness unprecedented urban growth, this course equips learners with the knowledge and skills necessary to effectively address the financing aspects of infrastructure development. ## Course Overview Urbanization is a phenomenon that has transformed our global landscape, with over 1 billion people moving into cities within the last century alone. As projections suggest that Africa will soon lead in urbanization, the challenge of providing essential services—such as sanitation, education, healthcare, and clean drinking water—becomes increasingly urgent. This course aims to unpack the complexities of financing infrastructure in this context, making it a vital resource for policymakers, urban planners, and finance professionals. ## Syllabus Breakdown The course is structured into multiple modules that explore key areas of urban finance: ### 1. **Welcome to the Course** This introductory module sets the stage, providing context on urbanization trends and outlining the necessity of innovative financing strategies to support African cities. ### 2. **Introduction to Urban Finance** Here, students delve into the foundations of urban finance, examining how financial mechanisms can enhance service delivery and infrastructure investments. This segment helps establish a conceptual framework that is crucial for understanding subsequent topics. ### 3. **Financing Current Expenditures** This module focuses on the operational budget required for the day-to-day provision of city services. Learners will gain insights into how cities can sustainably manage their current expenditures through various financing models and revenue avenues. ### 4. **Financing Capital Expenditures** In contrast to operational costs, this segment deals with long-term investments needed to build and upgrade infrastructure. The discussions will encompass different financing instruments, including municipal bonds and public-private partnerships (PPPs), giving students practical knowledge applicable to real-world scenarios. ### 5. **Financial Decision Making for Municipal Governments** This critical module explores decision-making processes within municipal governments. Through analyzing case studies and best practices, participants will learn how to prioritize investments and evaluate the fiscal implications of various projects. ### 6. **Capstone Project** The course culminates in a capstone project, where participants will have the opportunity to apply the knowledge learned throughout the course. Students will engage in a hands-on project that requires them to devise financing solutions for a specific urban infrastructure challenge, fostering practical skills and critical thinking. ## Course Experience and Recommendations "Financing Infrastructure in African Cities" is not just academically rigorous but also enriched with a wealth of practical examples and case studies relevant to the African context. The course materials are well-organized and offer a balanced mix of theory and application. Engaging video lectures, informative readings, and interactive quizzes enhance the learning experience. Furthermore, the course is taught by experienced instructors in urban finance and urban studies, ensuring credibility and a high level of expertise. Community discussion forums foster a collaborative environment for learners from diverse backgrounds, promoting the exchange of ideas and experiences. This course is highly recommended for: - Urban planners and policymakers seeking to understand financing avenues for infrastructure development in rapidly urbanizing contexts. - Students and professionals interested in public finance or development economics, especially concerning the African landscape. - Anyone passionate about sustainable urban development and looking to contribute to creating resilient cities in Africa. ## Conclusion As cities face mounting pressures from rapid urbanization, the need for effective financing strategies is more critical than ever. Coursera’s "Financing Infrastructure in African Cities" course addresses this need head-on, equipping learners with the knowledge and skills to navigate the financial complexities of urban infrastructure. Whether you're a seasoned professional or a newcomer to the field, this course is a valuable investment in understanding how to foster sustainable urban development in Africa. Sign up today to be part of the future of African cities!

Syllabus

Welcome to the Course

Introduction to Urban Finance

Financing Current Expenditures

Financing Capital Expenditures

Financial Decision Making for Municipal Governments

Capstone Project

Overview

The world is urbanizing fast. In less than a century more than 1 billion people have been urbanized. That translates into the fact that more than half of the world’s population is already living in cities. Experts forecast that very soon Africa will become one of the most urbanized continents. However, almost 70% of world’s urban population is living in the cities where governments are struggling to provide basic services like sanitation, schools, hospitals, and adequate clean water. The reaso

Skills

Reviews

The course is really insightful. The videos are very close to the grass root.

This course explains the basics of urban finance, very thorough, and easily understood. Learnt a alot! :)

Coursers is a bridge for students with literal academic knowhow to cross over to a more professional level of putting theory into practice and that alone enriches our societies.

This is a great course. The content is rich and informing. I'm happy to be a learner here.