INFLATION FURNACE


INFLATION FURNACE

Around Qera, a man cracks up a tiny bonfire in a spirited attempt to render the metallic wires malleable for reuse. Metal scraps became prized inputs after the Ministry of Mines ordered local steel manufacturers to source inputs from domestic markets as they bemoaned forex shortages. While the price of imported steel has relatively stabilised over the past year due to contraband flooding the market, most construction projects are in limbo due to an orientation towards tight monetary policy. Local steel manufacturers who require significant inputs for their production are working at a quarter of their capacity amid the cocktail of challenges.


In-Picture

URBAN OASIS

The sidewalk scene adjacent to the School of Commerce mixes greenery and modern infrastructure. The tree-lined pathway offers shade to pedestrians, though one tree has been reduced to a stump. Dubbed Addis Abeba's financial district, Ras Abebe Aregai St hosts numerous banks headquarter buildings just across the road from where many in the banking sector took up their tertiary education. ...


In-Picture

CRANE CITY

A variety of construction activity around Mexico Roundabout pays testament to the city's urban renewal. In the frame are under-construction financial institutions, public transport terminals, and high-rise residence blocks. The city administration is in the midst of auctioning plots of land with a total of 282 plots up for grabs—many arising from corridor and local development projects...


In-Picture

SUNFLOWER BLISS

A field of yellow sunflowers contrasts with the surrounding greenery in a farm in Arba Minch. Ethiopia currently produces a relatively small amount of sunflower seed compared to other oilseeds like sesame and niger seed. There are two main types of sunflower seeds: oilseed and confectionery. Oilseed sunflower seeds are smaller and have a higher oil content, while confectionery seeds are larger and used for snacks...


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