LIQUID ALLEGIANCES


LIQUID ALLEGIANCES

Forum for regional integration and reasonable utilization of the Nile(Afri-run III) took place at the Skylight Hotel last week.(5th left to right)  Jafar Bedru , Executive director of Institute of Foreign Affairs, Misganu Arega , State Minister for Foreign Affairs and Sultan Welle (PhD), State Minister  for Water & Energy. Freshwater is “the world’s most precious and exploited resource” reads the latest report by the Worldwide Fund For Nature(WWF) which estimated annual economic value of water and freshwater ecosystems globally is 58 trillion dollars.A figure equivalent to 60pc of global Gross Domestic Product(GDP) calculated by estimating the financial value that rivers , streams lakes and reservoirs generate for humans. Increasing incidences of drought caused by the El Nino phenomenon and an uptake in global temperatures have rendered water resources in Sub Saharan Africa more valuable than ever.


In-Picture

FERTILE FANCIES

A corrugated tin fence is painted over with greenery and trees around Arat Kilo as the corridor development project snaking through the neighbourhood nears its end. The high fences have become ubiquitous across Addis Ababa, hielding locations incompatible with the city's reimagined aesthetic. Mayor Adanech Abiebe revealed two weeks ago that the ambitious project tallied up to around 33 billion Br with meticulous spending.The project, closely overseen by Prime Minister Abiy Ahmed (PhD), is review...


In-Picture

RESTING PAINS

A road sign around the Bole area is used to hang wet mats after being knocked down during recent rennovations. While traffic accidents showed a positive trend in the first half of the year, decreasing by 532 to 23,280 incidents, here was a 54pc increase in third-party insurance claims due to property damages. The spike in the cost of spare parts for vehicles is partly to blame for the uptake of insurance claims to 689 million Br. Authorities have ramped up penalties on drivers over the past two...


In-Picture

PERILOUS PROFESSIONS

A street vendor is offering mats with kaleidoscopic designs around the Gofa neighbourhood. The thousands of agile vendors scattered about the capital conduct their businesses, evading the watchful eye and whipping baton of the Code Enforcement Authority. As the Addis Abeba City Administration looks to either register and extract taxes from the network of informal businessmen or remove them from the streets, a daily cat-and-mouse spectacle unfolds in the capital. Estimates place the size of the u...


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