FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds



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.

[ssba-buttons]

In-Picture

FUEL REALITY

A gas station attendant in Addis Abeba's Lideta District on Chad Street stands between stacks of empty oil drums directing a steady stream of vehicles, while another man stands in front of him hands behind his head with visible frustration on his face. As motorists queue for fuel, the forecourt reflects more than routine commerce. It has become a daily stage where shifting fuel supplies, retail price adjustments, and the city's relentless demand converge...


In-Picture

GREEN WHEELS

A row of electric scooters stands ready for commuters at Bole Brass, Cameroon Street, attracting the attention of curious young onlookers that pay 300 Br per hour. Sleek, silent and requiring little more than a charged battery, As Addis Abeba pushes forward with massive corridor development projects and searches for cleaner, fuel-free alternatives to ease urban congestion, electric micromobility platforms are steadily becoming part of the city's evolving transport matrix. Whether they remain a n...


In-Picture

CORN CHORUS

A young vendor grips a handheld microphone, calling out prices over a towering pile of freshly harvested maize at a roadside tent market in Gofa Sefer. His amplified voice cuts through the noise of traffic and competing traders, turning a basic sales pitch into a survival tool in a crowded urban economy. As seasonal harvests flood into Addis Abeba, informal and semi-formal vendors are increasingly leaning on low-cost audio technology to seize attention and convert passersby into buyers. The m...