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USAID raises women’s awareness about agricultural credit in Herat
One of the most difficult challenges for female farmers and women operating agriculture-related businesses in Afghanistan is access to credit. In addition, many women often do not understand how credit can help support the growth and expansion of their businesses.
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World Bank’s IFC to acquire equity stake in Afghanistan International Bank
The International Finance Corporation (IFC), a member of the World Bank, is looking to invest in the Afghanistan International Bank (AIB) with an aim to help the Afghan bank boost its commercial lending and financial inclusion. Afghanistan’s per capita income
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Afghanistan eyes greater participation in regional trade
Afghan government officials and business leaders have advanced two plans that, once finalized, should help the country increase trade – a time-proven method, when applied effectively, for creating jobs and reducing poverty. The country’s proposed National Export Strategy surmounted two
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India provides $2.87mn to support Kabul’s transport system
India provides USD 2.87mn to Afghanistan for repairing of 350 buses that will help in strengthening the public transport system of Kabul. An MoU to that effect was signed between Afghan Transport Minister Hameed Tahmasi and Indian ambassador to Afghanistan,
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Herat University introduces 3 new market-oriented degrees
Students at Herat University have three new degree options to choose from including a Master’s program in Business Administration, an Associate program in Business Administration and a Bachelor’s Degree in Food Technology. These degree programs were launched by USAID’s University
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Germany provides AFN 6.4bn in funds to Afghanistan
The Afghan government and the German KfW Development Bank signed a financial agreement on Thursday. As per the agreement Germany provides AFN 6.44 billion funds to the Afghan state. The budget will be allocated to the Afghanistan Reconstruction Trust Fund
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Afghanistan’s economy to grow from 2.2% to 2.6% in 2017
Afghanistan’s economic growth is projected to increase slightly to 2.6 percent in 2017 from 2.2 percent in 2016 as the country’s deteriorating security weighs on the economy, according to the latest Afghanistan Development Update series released today by the World
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Aryana Sayed, Qais Ulfat win at DAF BAMA Music Awards 2017
The diva of Afghan music industry, Aryana Sayed, and the Shahzada (Dari word for prince), Qais Ulfat, won awards at the DAF BAMA Music Awards 2017 which was held in Hamburg, Germany on November 17th. Aryana Sayed received the Afghan
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50 female university graduates complete internship programs in Kunduz
The Afghan-German Cooperation program for the promotion of good governance in Afghanistan (RCD) has recently supported a variety of projects in the provinces Balkh and Kunduz that benefit many residents. One of the projects includes supporting participation of 50 female
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World Bank Group Youth Summit 2016 winners build two computer labs in Afghanistan
This time last year, more than 400 excited youth filled the Preston Auditorium for the World Bank Group Youth Summit 2016: Rethinking Education for the New Millennium. After receiving 875 submissions from young entrepreneurs, the Youth Summit Organizing Committee (YSOC)
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RECCA VII’s first day focuses on role of women in economic development
The 7th Regional Economic Cooperation Conference on Afghanistan, also known as RECCA VII, has kicked off in Asghabat, capital city of Turkmenistan. Delegation from over 40 countries are participating to discuss economic cooperation and ways to rebuild Afghanistan as the
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Leaders from 40 countries to discuss Afghanistan’s economic development in Turkmenistan
The Seventh Regional Economic Cooperation Conference (RECCA VII) ministerial meeting is scheduled on November 14-15, 2017 in Ashgabat-Turkmenistan. Political and business leaders from 40 countries are going to discuss economic cooperation and ways of attracting private investment to Afghanistan. Organized
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Herat to harvest over 8 tons of saffron this year
Agriculture, Irrigation and Livestock department in Herat said Herat farmers expect to harvest over eight tons of saffron this year. Department’s head Abdul Saboor Rahmani said the number of acres of land cultivated for saffron has increased from last year’s
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15,000 residents from development projects in Badakhshan
Three infrastructure projects in the districts Yaftal-e Payan, Darayem and Argo of Badakhshan were completed. Funded by the Afghan-German Cooperation’s program Regional Capacity Development (RCD), these projects include the construction of a bridge, a protection wall as well as the
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2 tons of pomegranates exported from Kandahar to UAE by air
Afghan traders sent two tons of pomegranates to the UAE from Kandahar airport, a statement from the Presidential Economic Advisory Office said on Thursday. The statement added that the number of cargo flights from Kandahar City to Dubai International Airport
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Afghan government, USAID launch program to give students access to learning materials
U.S. Embassy Special Chargé d’Affaires Ambassador Hugo Llorens and Chief Executive of Afghanistan, Dr. Abdullah Abdullah, launched the Second Textbook Printing and Distribution Project on Tuesday. The project is a United States Agency for International Development (USAID)-funded program for the
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“Women Weekend Market” kicks off in Kabul University
The “Women Weekend Market“, a three-day business exhibition for women, has kicked off in Kabul University. Organized and funded by the Afghan-German Cooperation’s program for Sustainable Economic Development and Employment Promotion (SEDEP), the show provides a platform to more than
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UNHCR, World Bank sign data sharing agreement
UNHCR, the UN Refugee Agency, and the World Bank today signed a data sharing agreement. This will strengthen existing data collection processes and enhance technical capacity for a comprehensive analysis of the return process and how best to support the
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Afghan government approves fiscal budget for year 1397
The 1397 fiscal year budget was approved in principle during a meeting of the cabinet of ministers under the chairmanship of President Mohammad Ashraf Ghani. The budget consists of 357,691,493,000 Afghanis for the development and ordinary expenditures of the government
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