FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers New TRADE AFRICA New

Fortune Logo


URBAN RENEWAL

URBAN RENEWAL

The Piassa area in Addis Abeba is undergoing a major transformation. The once-vibrant neighborhood has been demolished to make way for new development projects. In its place, a large construction site has sprung up, with excavators and dump trucks towing the land. The Grand Palace, where the Prime Minister resides, stands prominently in the background. The area, located near the Adwa Victory Memorial Museum, is next to Eri Bekentu and Qey Bahir condominium. Now a prime location for development, the city administration auctioned off land in the area in May, with Awash Bank securing a plot of 977 square metres for 311,000 Br per square metre.

In-Picture

CAMERAMANIA

In a shop around Dembel City Centre, a man with glasses is deeply engrossed in repairing a camera. Many brands and sizes of camera can be seen, lined up and waiting their turns. The history of cameras in Ethiopia began in the second half of the 19th century when the first photoes were taken by European travellers during the reign of Emperor Tewodros II. Photography became more prevalent during Emperor Menilik II. Photography has played a crucial role in documenting Ethiopian history, providing a...

Read more >>

In-Picture

HIGHWAY HOLES

An average-sized unpaved road in the middle of the highway around Gotera Condominium seems to have received attention as two cones have been placed to prevent vehicles from passing over. Observing half-finished construction, unpaved roads, and incomplete infrastructure projects in the capital is common. Last year, Prime Minister Abiy Ahmed (PhD) indicated that the total road network in the country has reached 165,000km. Research shows that motorisation in Addis Abeba stands at 130 vehicles for ...

Read more >>

In-Picture

ENGINE PHANTOM

A staggeringly large-sized airplane engine is ubiquitously placed at the Science Museum for public admiration, catching the eye of passersby. Ethiopia has the largest airline in Africa, established in 1945 and expanding to international flights in 1951. Currently, Ethiopian Airlines operates the longest non-stop flight on Harare-Addis Abeba. The International Air Transport Association's (IATA) latest annual report says Africa contributes only two percent of the number of world-wide passengers...

Read more >>