Accès des collectivités locales africaines à l'emprunt et aux marchés financiers: actes de la réunion scientifique "AFRICITES 2000" = African local governments' access to loan and financial markets ; Windhoek, 15-16 mai 2000

In: Série Séminaires PDM X

Abstract

The nine contributors to the meeting on local governments' access to borrowing and financial markets aimed at highlighting the current situation of local development financing by reviewing African and international experiences of borrowing through financial markets or other ways. The whole range of conditions to be met by local governments in the process is examined. In this particular context, contributors review mechanisms and institutional options that are available in order to ensure adequate access to municipal borrowing. Special attention is paid to the role of national, regional and international specialized financial institutions, by distinguishing between the direct financing of local governments and that of public or private corporations responsible for managing urban infrastructures. Finally contributors recommend measures and incentives to be taken by central governments and cooperation organizations to support local governments' access to municipal loans. (DÜI-Sbd)