I’m not to keen on the latest developments of capitalism that are taking place in Ethiopia, from new banks to multiple story building suddenly blossoming out of the ground. In my eyes, Ethiopia is one of the holiest of holiest territories and ancient countries in all of Africa, with the trace of roots of the Ethiopian dynasty linking back to the 10th century BC. Not to far away is Dubai, where for the past several years has been massive amounts of construction for over the top luxury resorts to now end up in financial turmoil, I would hate to see the same happen to Ethiopia.

German firm Henn Architects has won the competition to design the new headquarters of the Commercial Bank of Ethiopia in Addis Ababa, Ethiopia. The proposal was designed by Henn Architektens Design & Research studio in Berlin, Hennstudiob.

The building will be the tallest building ever in Ethiopia, consisting of 42 storeys. The tower is accompanied by a conference center and a shopping mall , where they are clustered around a sunken landscaped plaza. The classical high-rise plinth dissolves into individual volumes to merge the scale of the surrounding district.

View more images of CBE Headquarters after the jump