Challenges of Municipal Finance in Africa; with special reference to Gaborone city, Botswana

Urbanization in the last 20 years has become one of the most important trends in human settlement development and the prospects of all developing countries continue to be deeply affected by rapid urban population growth.

While Africa was 80% rural in the 1950s and 1960s, its rate of urbanization now stands on average at 50% and the trend is expected to continue over the coming years (UN-HABITAT, 1996).