City Launches 8b Br Condominium Project

Jan 15 , 2022

The Addis Abeba City Administration has embarked on an eight billion Birr condominium housing project. Dubbed the 'Akaki Prefab Housing Phase I' project, it will see the construction of 5,000 houses. The project will use prefabricated (prefab) technology, which was chosen for its shorter construction duration. The project will be completed within a year, according to officials at the City Administration. The land allocated for the project was previously under illegal holding, and was later seized and transferred to the city's Land Bank. During a launch ceremony last week, Mayor Adanech Abiebie stated it has been a challenge for the city to repay an accumulated debt of 54 billion Br from past condominium housing projects.



They say, "Where there is traffic, there is business." It reflects the colour of Addis Abeba roads and roundabouts. Around Bole, commonly known as the Ring Road, vendors serve tea and snacks underneath a bridge. Owing to these selling methods allow pedestrians and drivers to get the service they need while walking and driving. Despite that, such practice has become a frequent encounter in the heart of the city streets. The most common purpose of a ring road is to reduce traffic volumes in the ur...



Pedestrian walkways around Addis Abeba are growing smaller by the day, competing to gain a foothold in the public spaces. The city, which prides itself as Africa's political and diplomatic capital, becomes a showcase of contrast. Beauty and affluence wrestle destitution and poverty to claim space. Vendors have displayed their second-hand outfits, shoes and luggage for sale on a roundabout in front of the Ministry of Education, up at the Arat Kilo area...



Retired city buses were once converted to bakery outlets retailing bread supplied by ‘Sheger Bakery' during their twilight zone. The city administration had used Anbessa City buses as its retail shops before formal outlets replaced them. Sheger Bakery, touted as the largest bakery and flour factory with the potential of baking two million loaves of bread daily, was to cater for millions of people in Addis Abeba with a subsidized bread supply but failed to live up to expectations. The old city...