FAST FASHION


FAST FASHION

A second-hand shoe market around  Sebategna is brimming with busy cobblers hard at work. Second-hand clothing is a thriving subsector in most Sub-Saharan countries shaped by import regulations and underdeveloped textile industries. The region accounts for nearly a third of the global second-hand apparel market, which is worth a little over four billion dollars. Entire shops and markets exist across Ethiopia that offer second-hand clothing that is mostly smuggled in contraband routes from neighbouring countries.


In-Picture

CAPITAL BRIDGES

Tilahun Kassahun (PhD), CEO of the Ethiopian Securities Exchange shares a joyful moment with government executives. He is joined by Angela Rayner, UK Deputy Prime Minister, Hana Tehelku, director general of the Ethiopian Capital Market Authority, and Ahmed Shide, Minister of Finance, at the ESX headquarters in Nile Building. They celebrated the UK government's support in establishing the Exchange, which included a 760,000-dollar (600,000-UK pound) contribution via FSD Africa for a technical advi...


In-Picture

BIKE BRIGADE

A row of bicycles parked on the side of a street in the Gofa condominium complex look set to make their next delivery run. This method of delivery is often chosen for its efficiency in navigating through traffic, its environmental benefits, and its cost-effectiveness. Further, research indicates that frequent cyclists can save up to 45pc of their monthly household income compared to those using public transport...


In-Picture

ROOTED WALLS

A tree growing on the grounds of the Hilton Addis hotel compound has the consolation of not being cut down. According to Global Forest Watch, from 2001 to 2023, Addis Abeba lost 365hct of tree cover, representing a 49pc decrease. Likely a Ficus species, known for extensive or invasive roots, the tree has integrated into the inside wall of the 56-year-old hotel. Fig trees are commonly found in various regions around the world and are admired for their tenacity and ability to thrive in challenging...