Love gets pricier in the land of roses

In Addis Ababa, the cost of celebrating Valentine's Day has risen, with prices for roses and dinners increasing, affecting buyers. Businesses, however, see a revenue boost on February 14. Kaleab Fekade, 28, is one buyer facing these higher costs.

For many in Ethiopia, February 14 marks a celebration. For businesses, it brings a surge in revenue. For buyers, it highlights how swiftly the price of a rose and an evening out can climb, as reported by Bekalu Anteneh, Fortune staff writer.

At 28, Kaleab Fekade believed he knew the cost of romance in Addis Ababa. He has been purchasing Valentine's flowers there. This perspective was detailed in an article dated February 15, 2026, by Bekalu Anteneh.

This price increase poses challenges for many buyers while delivering extra income to businesses. In Ethiopia, known for its roses, such dynamics play out annually on Valentine's Day.

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In Addis Abeba, bread prices have increased due to high food inflation and rising costs, turning a daily staple into a financial strain for households.

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Retail prices for bottled water in Addis Ababa have risen sharply over the past three months, with the smallest sizes seeing the biggest jumps.

Beef prices in Kenya have doubled from about Sh400 per kg in 2020 to Sh750-Sh900 now, driven by early rains. Farmers are holding livestock to fatten them, reducing market supply. KMC Sales Manager Lydia Mandila says livestock prices are up 40% from last year.

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A Fenalco survey indicates that 94% of Colombians will celebrate Mother's Day this year, up 9% from 2023. E-commerce platforms like Amazon and Mercado Libre are gaining ground among shoppers.

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