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New garment factory employs 150 people in Balkh
A newly established garment factory in northern Balkh province employs 150 people, including 60 women. The factory produces 10,000 meters cloth and 1.5 tons of thread in 24 hours. Factory owner, Haji Baryali Nabizada, said he wanted to flee to
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Over 200 experts from all over Afghanistan attend M&E forum in Kabul
The very first national results-based monitoring and evaluation (M&E) forum took place in Kabul on Thursday, financed by the Afghan-German Cooperation’s project Monitoring, Evaluation and Communication and conducted by the Afghan Ministry of Economy (MoEc). About 200 M&E experts from
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Job fair held in Herat University
The USAID University Support and Workforce Development Program (USWDP) held a job fair at Herat University on December 22nd to connect senior students and recent graduates from Herat University with the private sector. Participating students had taken USAID-USWDP’s Soft Skills
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Afghanistan receives $83.5mn from WB for bringing reforms
The Afghan Ministry of Finance announced receiving USD 83.5mn in incentive funds from the World Bank on Monday. “The donation from the World Bank is based on Afghanistan’s commitments to successfully implement reforms in key sector,” said the statement from
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“Office” established to provide desk space to startups
The Afghanistan Center for Excellence has established “DAFTAR” (Dari word for office)– a co-working space. DFTAR provides start-ups, entrepreneurs, SMEs, professionals/consultants and freelancers with high quality office amenities at an affordable price. The interactive and collaborative atmosphere of the work
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Afghanistan more conducive for business today: Ambassador Mohib
Afghan Ambassador to the US, Dr. Hamdullah Mohib, spoke about the efforts and measures underway to boost private investment in Afghanistan at the 12th business matchmaking conference organized by the Afghan-American Chambers of Commerce. He said the landscape for business
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TAPI pipeline to receive $2.5bn credit facility from Siemens
The German engineering company Siemens has offered to loan USD 2.5bn for compressors for Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline. Turkmenistan has agreed to buy compressions from Siemens and the deal is soon going to be finalized. The vital gas pipeline needs
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Government slammed for lack of balance in next fiscal year’s budget
Members of the Civil Society Budget Advocacy Group (CSBAG)protested against the national budget for the fiscal year 1396 and called for it to be revoked by the Wolesi Jirga or lower house of the parliament. This comes as the Afghan
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Afghan farmers increase soybean production to fight malnutrition
For the past 12 years, Nutrition & Education International (NEI), a non-governmental organization funded by the Republic of Korea, has significantly improved the health and well-being of thousands of malnourished women and children throughout Afghanistan – all with the simple
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Afghan Attorney General Office offers internship to women
The United States Agency for International Development (USAID) in collaboration with the Attorney’s General Office (AGO) will offer six-month internships to 240 female Afghan Law or Sharia graduates. The internships will develop the capacity of women to become prosecutors and
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UN General Assembly grants Observer Status to International Chamber of Commerce
In an unprecedented move, the United Nations (UN) General Assembly has today granted Observer Status to the International Chamber of Commerce (ICC)—the world’s largest business organization representing more than six million members in over 100 countries. The decision—taken by 193
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Afghan CSOs and media gather to discuss cooperation
Over 400 civil society, media and government representatives from all 34 provinces of Afghanistan gathered in Kabul December 14-15 for the Framework for Cooperation Conference 2016. The two-day conference, facilitated by the U.S. Agency for International Development (USAID) Afghan Civic
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Experts agree to rebuild one of the Buddha statues of Afghanistan
Afghan, German, Japanese and French specialists met in German city of Munich to discuss whether two ancient statues of Buddha in Bamyan, Afghanistan should be restored. The Afghan government has agreed with international experts to repair one of the Buddha
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Businessmen sign $2mn contracts in Afghan-Iran economic exhibition
Afghan and Iranian businessmen signed contracts worth USD 2mn during the 2nd Afghanistan-Iran joint economic exhibition held in Mazar-e-Sharif, Afghanistan. Over 10,000 people visited the exhibition which was held from December 6-9, and 32 Iranian and 8 Afghan firms participated
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“Exhibition Afghanistan” event connects Afghan traders with international buyers
The United States Agency for International Development (USAID), in partnership with Afghanistan’s Ministry of Commerce and Industries, held a five-day event called Exhibition Afghanistan in Dubai to drive exports of Afghan products ranging from carpets and cashmere to almonds and
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Germany funds infrastructure projects in Northern Afghanistan
The German KfW Development Bank signed has agreed to provide nearly AFN 3 billion to fund regional infrastructure projects in Afghanistan. The money will feed into the Regional Infrastructure Development Fund (RIDF) which was established in 2010. The RIDF finances
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USAID contributes $20 million in emergency food aid to Afghanistan
The United States Agency for International Development (USAID) contributed $20 million to the United Nations World Food Program (UNWFP) Emergency Operation in Afghanistan to assist vulnerable returnees from Pakistan, as well as people displaced by conflict. This response to the
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Germany and Afghanistan sign an AFN 5 billion deal
The Afghan government and the German KfW Development Bank signed a financial agreement on Monday that provides funding of about AFN 5 billion to the Afghan state. This budget will be allocated to the Afghanistan Reconstruction Trust Fund (ARTF) which
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Germany funds a 1.5bn AFN program to boost wheat production in Northern Afghanistan
The Afghan and the German governments launched a new project that aims to create income and employment in Afghanistan’s rural areas: The Economic Infrastructure Development in Afghanistan (EIDA) program. Via EIDA, Germany will provide funding of nearly AFN 1.5 billion
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90 schools in Kunduz province receive 1,000 chalkboards
The German government funded purchase of 1,000 new chalk boards worth nearly AFN 3 million for 90 schools in seven districts of Kunduz The boards have been distributed during the last two weeks and are now available to over 135,000
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India, Afghanistan to set up air transport corridor bypassing Pakistan
India and Afghanistan are planning to set up an air transport corridor to help increase trade between the two nations that is obstructed by political tensions with Pakistan. The announcement was made by Indian Prime Minister Narindra Modi in the
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USAID funds Exhibition Afghanistan in Dubai to drive Afghan exports
On December 6-10, 2016, the United States Agency for International Development (USAID), in partnership with Afghanistan’s Ministry of Commerce and Industries, is launching a five-day event called Exhibition Afghanistan in Dubai to drive exports of Afghan products. The two-part program
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Asian Infrastructure Investment Bank, SAARC Development Fund to co-fund projects in SAARC Region
A delegation of AIIB led by Sir Danny Alexander, Vice President & Corporate Secretary visited the SAARC Development Fund Secretariat in Thimphu, Bhutan in order to discuss possible areas of joint collaboration. Dr. Sunil Motiwal , Chief Executive Officer, SAARC
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EU starts a new initiative to strengthen Afghanistan’s trade capacities
The European Union announced a new initiative, called Afghanistan: Trade for Economic Growth (ATEG), which will focus on strengthening the country’s trade capacities and helping it become a vibrant regional economic hub. “The EU is determined to ensure that Afghanistan
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