Road transport pricing and financing in Africa
Leonard Mwesigwa,
Moez Kilani and
Matti Siemiatycki
Chapter 19 in Handbook on Transport Pricing and Financing, 2023, pp 364-379 from Edward Elgar Publishing
Abstract:
This chapter reviews and discusses road pricing practices and challenges in Africa. We highlight the main features that are specific to African countries. Transport policies usually focus on the improvement of the road infrastructure dealing with scarce financial resources and have to meet the requirements set by partner financial institutions. Road pricing can reduce external costs and provide valuable financial resources, but its implementation is difficult in many countries where the cost can be hardly borne by the low-income class. We discuss the existing financing mechanisms and how they meet the needs of African countries. We also consider the service quality of the informal public transport sub-sector and discuss how it can be improved through specific financing and institutional policies.
Keywords: Economics and Finance; Environment; Geography; Politics and Public Policy Urban and Regional Studies (search for similar items in EconPapers)
Date: 2023
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