“Buy land, they're not making it anymore,” goes a famous saying by American poet Mark Twain, referring to its inherent value. Unfortunately in most developing countries, land ownership is barely tracked, leaving enormous untapped potential to generate wealth and boost prosperity.
The private sector has taken note. From large multinationals to angel-backed social enterprises, businesses are springing forward with innovative solutions to address the issue.
According to U.N. Habitat, the rights to more than 70 percent of land worldwide remains unregistered. It is an issue that the development community has increasingly engaged with, and one Devex has explored through the Land Matters series.
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About the author
Naki B. Mendozamfbmendoza
Naki is a former reporter, he covered the intersection of business and international development. Prior to Devex he was a Latin America reporter for Energy Intelligence covering corporate investments and political risks in the region’s energy sector. His previous assignments abroad have posted him throughout Europe, South America, and Australia.
