Addis Ababa is the capital and largest city of Ethiopia. In the 2007 census, the city's population was estimated to be 2,739,551 inhabitants. Addis Ababa is a highly developed and important cultural, artistic, financial and administrative centre of Ethiopia. It also serves as the capital of the Oromia Region.
Addis Ababa saw a wide-scale economic boom in 1926 and 1927, and an increase in the number of buildings owned by the middle class, including stone houses filled with imported European furniture. The middle class also imported newly manufactured automobiles and expanded banking institutions. During the Italian occupation, urbanization and modernization steadily increased through a masterplan; it was hoped Addis Ababa would be a more "colonial" city and continued on after the occupation. Subsequent master plans were designed by French and British consultants from the 1940s onwards, focusing on monuments, civic structures, satellite cities and the inner-city. Similarly, the later Italo-Ethiopian masterplan (also projected in 1986) concerned only urban structure and accommodation services, but was later adapted by the 2003 masterplan.
