World Bank Scraps Doing Business Report

Sep 18 , 2021

The World Bank ceases publishing its annual Doing Business Report, after irregularities were discovered in the reports published in 2018 and 2020. The report was among policy tools adopted by authorities in Ethiopia. The irregularities initiated a series of internal reviews and audits as well as brought up ethical concerns. Following this, the Bank's management has decided to discontinue the report. "Going forward, we will be working on a new approach to assessing the business and investment climate," reads a statement from the group. Improving the Ease of Doing Business ranking to achieving a rank below 100 was part of the Prime Minister Abiy Ahmed's economic reforms introduced in 2018. Ethiopia ranked 159th out of 190 in the 2020 Doing Business Report, while neighbouring Kenya ranked 56th.



They say, "Where there is traffic, there is business." It reflects the colour of Addis Abeba roads and roundabouts. Around Bole, commonly known as the Ring Road, vendors serve tea and snacks underneath a bridge. Owing to these selling methods allow pedestrians and drivers to get the service they need while walking and driving. Despite that, such practice has become a frequent encounter in the heart of the city streets. The most common purpose of a ring road is to reduce traffic volumes in the ur...



Pedestrian walkways around Addis Abeba are growing smaller by the day, competing to gain a foothold in the public spaces. The city, which prides itself as Africa's political and diplomatic capital, becomes a showcase of contrast. Beauty and affluence wrestle destitution and poverty to claim space. Vendors have displayed their second-hand outfits, shoes and luggage for sale on a roundabout in front of the Ministry of Education, up at the Arat Kilo area...



Retired city buses were once converted to bakery outlets retailing bread supplied by ‘Sheger Bakery' during their twilight zone. The city administration had used Anbessa City buses as its retail shops before formal outlets replaced them. Sheger Bakery, touted as the largest bakery and flour factory with the potential of baking two million loaves of bread daily, was to cater for millions of people in Addis Abeba with a subsidized bread supply but failed to live up to expectations. The old city...