English | دری

ABADE Program Launched to Support Afghan Businesses

in Afghan Business

ABADE Program Launched to Support Afghan Businesses

brook ishamSmall and medium enterprises (SMEs) have the potential to be a key economic driver of Afghanistan’s development. However, Afghan business owners struggle to obtain the capital, management advice, equipment, and technologies needed to grow their businesses. Women and youth can make significant contributions to private sector growth but have limited opportunities for economic participation.

USAID, in partnership with VEGA/IESC, today launched the Assistance in Building Afghanistan by Developing Enterprises (ABADE) Program. ABADE aims to significantly improve the lives of people in Afghanistan by helping Afghan businesses grow their businesses.

“Afghanistan has many talented entrepreneurs who have shown that businesses can prosper and create employment, despite difficult conditions. Through ABADE, our goal is to help these businesses thrive,” said USAID Deputy Mission Director Brooke Isham.

“It is very important to provide financial assistance to growing small and medium Afghan enterprises. I hope this project will help Afghanistan be a self-reliant nation in the future,” said Minister of Commerce Dr. Anwar ul Haq Ahadi.

ABADE partners with the private sector to increase investment, job creation, and productivity of businesses, with a focus on advancing opportunities women and youths. The program incorporates three components that will contribute to sustained business growth and employment:

1.    Public-Private Alliances (PPAs) with Afghan SMEs and Innovation Partners;
2.    Technical assistance and advisory services to Afghan Alliance Partners and related SMEs to ensure the success of the PPAs; and
3.    Business enabling environment support to remove administrative and regulatory barriers to business success.



Related Articles

Kabul streets get overdue facelift

By Pamela Constable The Washington Post KABUL — On an ordinary weekday, the streets of Kabul are choked with traffic,

Helmand’s pilot saffron projects show good results

According to the Pajhwok Afghan News, the agriculture ministry is distributing saffron seeds to growers in 11 of districts in

1,000 tons of onion exported to India from Afghanistan daily

Afghanistan exports 1,000 tons of onion to India on a daily basis which has resulted in an unprecedented decline of

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.