What is Greenfield Investment

Africa is the last of the major global regions to urbanize and to economically benefit therefrom largely due to centuries of the fragmented spatial system by geographic, trading zone, colonial experiences, and logistics barriers. Recently, however, the integration of African urban spatial structure was spearheaded by the private sector under the guidance of the public sector. This chapter analyzes the goals driving integration, the tools used by private and the public sectors in setting the stage for integrative urban growth through industrialization, and then identifies the future opportunities and challenges in sustaining the momentum. The chapter comprises of an introduction, a conceptual framework, the gluing elements, the review of the development guidance system, opportunities and challenges ahead, future research direction, and conclusion.