CYBER KIOSK


CYBER KIOSK

A shop around the Sidist Kilo area adorns digital payment instruments in a bid to expand marketability. The potential use of Central Bank digital currencies (CBDC) following studies on their use is being considered as part of the National Bank of Ethiopia's three-year strategy. Ethiopia's recent foray into digitisation has transformed the purchase of fuel, the payment of utility bills and the issuing of business licenses which have improved efficiency. The move is ubiquitous along the continent with Nigeria flooded with protesters last year as the government implemented restrictions on cash transactions as part of a general push for a cashless economy.


In-Picture

SHIFTING PAVEMENTS

Fresh pavements are laid around the Bole area, partly suited for pedestrians and bicycles. This lays the ground for a grand corridor development project 10Km long and 47.5hct wide by the Addis Abeba City Administration. The capital has been transformed in a matter of months after the project was initially kicked off with the demolition around Piassa. Closely supervised by Prime Minister Abiy Ahmed (PhD) and occurring across five major lanes, the corridors have split public opinion. While mos...


In-Picture

FADING FLAVORS

A historic building around Piazza area that housed restaurant Castelli within its walls is undergoing renovations. Its story dates back to the Italian occupation. Piazza, meaning "open square" in Italian, was imposed as the name by Mussolini's forces during their 1930s occupation of Addis Abeba, particularly the Arada District. Piazza has thrived as a centre of commerce and culture until the ongoing development project which has resulted in the demolition of some areas. Few buildings such as...


In-Picture

TOTTERING TOWERS

A hurried renovation transpires on a conjoined pair of small buildings around the Mercato area. Many old buildings in the vast marketplace are remnants of shops built by Yemeni merchants who relocated from the old Arada area in the 1930s. The area has a thriving informal sector economy from which thousands earn daily bread. According to studies by the Centre for International Private Enterprise, nearly one-sixth of Ethiopia's urban employment is in the informal sector. Some studies have esti...


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