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Economy Of Addis Ababa
Addis Ababa's economy is growing rapidly and become leading among cities in Ethiopia. Over the last two decades, the city shifted to development-oriented programmes and privatization. In late 1990s, the Office for Revision of Addis Ababa's Master Plan (ORAAMP) and National Urban Planning Institute (NUPI) were launched to analyze the economic status of the city. The city covered 29% of Ethiopia's GDP (59.5 Billions $ in 2024) and 20% of national urban development as of 2022. Meanwhile, youth unemployment, lack of sufficient infrastructure in transport and poor housing, and sanitation management have appeared as core problems. Addis Ababa has enormous industrial parks that primarily focus on the manufacturing sector. General , Addis Ababa generates 29% of Ethiopia's urban GDP and 20% of national urban development. Over the last two decades, the city saw rapid socioeconomic changes and physical transformation marked by development-oriented government and the private sector. However, t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Addis Ababa
Addis Ababa (; ,) is the capital city of Ethiopia, as well as the regional state of Oromia. With an estimated population of 2,739,551 inhabitants as of the 2007 census, it is the largest city in the country and the List of cities in Africa by population, eleventh-largest in Africa. Addis Ababa is a highly developed and important cultural, artistic, financial and administrative center of Ethiopia. It is widely known as one of Africa's major capitals. The founding history of Addis Ababa dates back to the late 19th century by Menelik II, Negus of Shewa, in 1886 after finding Mount Entoto unpleasant two years prior. At the time, the city was a resort town; its large mineral spring abundance attracted nobilities of the empire and led them to establish permanent settlement. It also attracted many members of the working classes – including artisans and merchants – and foreign visitors. Menelik II then formed his Menelik Palace, imperial palace in 1887. Addis Ababa became the em ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
