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Iyinoluwa Aboyeji

Iyinoluwa Aboyeji


Iyinoluwa Aboyeji is a faith-driven investor and entrepreneur. He is passionate about partnering with mission-driven innovators and investors building an African future where prosperity and purpose are within everyone’s reach. He is currently the CEO and General Partner of Future Africa, an early-stage venture capital firm with a portfolio of 100 companies collectively worth over $6 billion. Before founding the Fund, he was the founding CEO of Flutterwave, a billion-dollar global payments platform connecting African businesses and individuals to the global economy. He was also the co-founder of Andela, a billion-dollar business that matches Africa’s top engineering talent to global technology companies. Andela is also backed by top global investors like Spark Capital, Google Ventures, Chan Zuckerberg Initiative, and SoftBank amongst others.



When Good Policy Meets Bad Politics Thumbnail

When Good Policy Meets Bad Politics: Property Rights, Land Amalgamation, and Urbanization in India

Indian cities are facing challenges due to their low-rise structures and sprawling slums that are projected to increase with the growth of urban populations in the future. To cope with this trend and take advantage of agglomeration externalities, India needs to adopt a more upward, pyramid-like approach with increased density. Although strengthening property rights has been suggested as a solution, India’s fragmented land ownership system makes this option difficult.

Previously, the Indian government used eminent domain to acquire and amalgamate land for industrial or infrastructural use, but this led to significant political opposition in the 2000s. As a result, the 2013 Land Acquisition Act was passed, which narrowed the circumstances under which land could be acquired, increased compensation payments, and extended those payments to non-owners who relied on the land for their livelihoods. While this approach has ensured political acquiescence among rural and slum dwellers, it has created a problem for private businesses that require land for property or industrial development, causing a significant time and cost burden.

This political reality, while necessary for a democratic India, may not be conducive to good economics and may lead to dysfunctional urbanization.

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CCI September Book Club

September Book Club Review

Each month, the CCI team selects a new book to read and discuss together. Our book club selections cover a wide range of topics that are relevant to charter cities, but they are most often related to development, urban issues, and governance. In this ongoing series, reviewers will offer summaries of the books we’ve read and share some of the highlights from our discussions.

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