Addis Ababa
Addis Ababa city cabinet passes decisions on three main agendas
The Addis Ababa City Administration Cabinet held its fifth-year fourth regular session and passed decisions on three key agendas. These decisions cover the number of council members, operational guidelines for savings and employment uniformity, and land issues for federally funded projects. This move strengthens the city's governance.
Breaking the speculative spell in Addis Ababa's housing market
Owning a home in Addis Ababa imposes heavy burdens due to high bank loans and market pressures. Buyers commit to 20-year mortgages with 85,000 Birr monthly payments, while similar homes rent for just 15,000 or 20,000 Birr. This systemic issue could be alleviated by the emergence of a formal capital market.
Eviction order disrupts book vendors near national theatre
More than a dozen bookstores along Gambia Street in Addis Ababa face eviction after a local meeting. These vendors, operating for over 20 years behind the National Theatre, rely on daily book sales for their livelihoods. The sudden order has left the community of booksellers uncertain about their future.
Addis Abeba education bureau rolls out cluster classes
Addis Abeba's Education Bureau is launching a new initiative to cluster top-performing secondary students from public and private schools for joint Saturday classes. The program will start next week and operate at 57 sites across the city.