NIMBLE COMMERCE


NIMBLE COMMERCE

Street vendor lays out his merchandise at a bus stop around the Mexico roundabout. He looks to instigate impulsive purchases from pedestrians through a shifting marketplace. The Addis Abeba Trade Bureau is drafting regulations that restrict the type of products sold by street vendors. High levels of urban unemployment fueled in part by elevated rural-urban migrations contribute to the thriving informal sector. Recent estimates of the informal sector are around t 69pc in the capital compared to the national average, which lies below 15pc.While the term informal often sparks a raised eyebrow a majority of the economic activity in urban areas in developing countries is conducted through such channels. The informal sector currently accounts for over half the global employment, involving an estimated 1.8 billion people as compared to the 1.2 billion of the formal sector according to data from the International Labor Organization(ILO).


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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