Mayor Adanech Abiebie established the Saturday and Sunday market in Addis Ababa. The project’s objective is to significantly reduce residents living pressures while regulating product costs. In addition to offering a different shopping option, they sell agricultural, industrial, and factory items straight to the consumer, which tremendously aids in maintaining product prices and lowering the cost of living.
Residents of Addis Ababa city can be seen taking advantage of this program all throughout the city. There are currently 172 weekend markets throughout the city, and goods are offered to the public at lower rates and more reasonable than those found in the regular market. In addition to offering reasonable prices, these markets are conveniently located all around the city, making it easier for locals to access.
According to estimates from the Food and Agriculture Organization (FAO), food costs had risen by 33% globally as of September 2021 and continues to rise. The mayor of Addis Ababa recently stated that her administration is working to lessen this burden felt globally so that locals have options. By noticing the price difference compared to conventional markets, connecting the producers and consumers directly has undoubtedly eased the strain.
BY HELINA TESSEMA
THE ETHIOPIAN HERALD 10 SEPTEMBER 2023