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Nangarhar Honey Production to Hit 400 Tons This Year
Nangarhar expects to supply 400 tons of honey to market this year which will generate a revenue of up to 100 million Afghanis. Officials of Honey Farms Association in Nangarhar have attributed the hike in honey production this year to
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Iran-backed Arian Bank in Kabul Shut Down Over Regulatory Violations
The Afghan government has closed the Iran-backed Arian bank that was allegedly involved in money laundering and not adhering to the laws and regulations of the central bank. The Afghan central bank said Arian bank has had no contribution to
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Nangarhar Talc Strategy To Attract $15mn Investment
The High Economic Council (HEC) has approved the ‘Nangarhar Talc Strategy’, said Ministry of Petroleum and Mines (MoPM) said on Saturday. The strategy is expected to attract $15 million investment in talc extraction and processing. Talc, a soft clay mineral
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Third Shipment Sent Via Lapis Lazuli Route
Afghanistan sent its third shipment via the Lapis Lazuli route from the Aqina port in Faryab province. This shipment, carrying 115 tons of marble in five trucks, marked the first shipment of Afghan goods sent to Azerbaijan. According to sources
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Insecurity Causes DABS Annual Loss of $3.8MN
Afghanistan’s national utility company, Da Afghanistan Breshna Sherkat (DABS), loses over USD 3.8 million annually in revenue due to failure to collect electricity bills in insecure areas. DABS head Amanullah Ghalib said that his administration cannot collect electricity bills in
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600,000 People Benefit from Road Reconstruction in Badakhshan
A contract was signed for reconstructing a ten kilometers long road in Feyzabad District, Badakhshan that connects the villages Dashti Qurogh and Lai Aba in the presence of representatives of the provincial government and Public Works Department (PWD). The project
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National Procurement Commission Cancels Takhar Mining Contract
The National Procurement Commission (NPC), has canceled the contract for exploration of Nuraba gold in mine in Chahab District of northern Takhar province. According to NPC, the awardee fails to fulfill obligations in the agreement such as non-payment of debts.
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2.5 Million Afghans Remain Unemployed
According to the Ministry of Labor, Social Affairs, Martyrs and Disabled, at least 2.5 million Afghans are unemployed–the highest number of unemployed workforce in the world. The Ministry had planned to create 74,500 jobs in 2018, but it created only
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Afghanistan To Request for Re-Validation after EITI Suspension
Afghanistan was temporarily suspended from the Extractive Industries Transparency Initiative (EITI) in January 2019 after demonstrating “inadequate progress” in implementing the required standards. The country intends to request re-validation in the Global Conference in Paris in June 2019. Afghanistan is
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Afghanistan Women Chamber of Commerce Among World Chambers Competition 2019 Finalists
Afghanistan Women Chamber of Commerce and Industries (AWCCI) is among 16 chambers of commerce moving on to the final round of the World Chambers Competition. Representing 11 countries, the selected 16 chambers will each have the opportunity to present their
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Afghanistan Seeks EU’s Approval To Remove Afghan Airlines From Blacklist
A conference on cooperation between European Union (EU) and Afghanistan is expected to be held next month and removing Afghan airlines from the EU blacklist will be a priority in the agenda. Afghanistan’s national airline Aryana and other private airlines
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Participation of Young Afghans In Agriculture Competition
All around the world, farmers lose money because of produce lost during harvest season, which also results in less food on the market. At the same time, as youth increasingly move to cities, fewer youth are interested and involved in
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Afghan Female Entrepreneurs Enter Market With Support from USAID
The U.S. Agency for International Development (USAID) supported 15 young entrepreneurs who graduated from a 4-month long training program provided by the Founder Institute, one of the world’s premier startup business accelerators. With local chapters or representations across over 180
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Republic of Korea Provides $16mn To WFP Resilience-Building Work in Afghanistan
The Republic of Korea provided US$16 million (₩18.3 billion; AFN1.24 billion) to the UN World Food Program (WFP) in Afghanistan. The ceremony held today in recognition of this was attended by representatives from the Republic of Korea, the Afghanistan Ministry of
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Afghan Women’s Career Development Center Help Women Find Jobs
Afghanistan’s Civil Service Institute’s (ACSI) Women’s Career Development Center has the equipment and information system it needs to help women who are seeking employment. The U.S. Agency for International Development (USAID) provided computers, small office equipment and a management information
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Afghanistan Considers Issuing Bitcoin Bond
Afghanistan expressed desires to issue Bitcoin bonds at the annual Spring Meetings of the Boards of Governors of the World Bank Group and the International Monetary Fund (IMF), held in Washington, D.C. on April 14-18. According to Asia Times, Governor
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How to Facilitate Afghan Enterprises’ Access to Finance?
TheAfghan Chamber of Commerce and Industries (ACCI) and the Ministry of Industries and Commerce (MoIC) conducted a National Public and Private Dialogue (NPPD) on access to finance for Small and Medium Enterprises (SMEs) on Wednesday. Around 100 people, including women
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Sixty Women Complete Internship Programs in Kandahar
Sixty women graduates received government-issued certificates today recognizing their year-long training and work experience through the U.S. Agency for International Development’s (USAID) internship program. USAID’s internship program equips women with the knowledge and skills to qualify for jobs with the
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Germany Commits AFN 5.1 Billion To Afghanistan
The German Ministry for Economic Cooperation and Development (BMZ) committed to investing about AFN 5.1 billion (EUR 59 million) in Afghanistan, focusing on good governance, sustainable economic development as well as urban development and municipal infrastructure. An additional AFN 8.7
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Pakistan Airspace Closure Inflicts $12mn Worth of Losses on Afghanistan
Afghanistan’s Civil Aviation Authority said the country has suffered USD 12 million in losses since the closure of Pakistan’s airspace. Pakistan closed its airspace in February after India launched air strikes on militant bases across the border in Pakistan in
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Land Acquisition for TAPI Gas Pipeline Project to Begin Soon
The Turkmenistan-Afghanistan-Pakistan-India natural gas pipeline requires a 600km by 44meters area of land, as per the plan. Practical work on land acquisition for the project is expected to kick off this week, according to the Afghan Ministry of Urban Development
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Afghanistan’s Postal Services Partially Digitalized
Most of the offices of Afghan Post, the national postal organization, are now able to provide online services after being connected to the fiber optic network. This is part of a one-year project that has cost USD 900,000. In the
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Reliable Electricity for 14,000 Citizens in Takhar
About 14,000 locals from villages of Hazar Sumuch and Kunjak in Takhar province will benefit from a reliable energy supply. Funded by the Afghan-German Cooperation, the 124-million Afghani project will be implemented by Da Afghanistan Breshna Sherkat (DABS). The project
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US Congressmen Speak Against IMF Bailout to Pakistan to Repay Chinese Debt
A number of US lawmakers have voiced their concerns over the multi-billion bailout package that Pakistan has sought from the International Monetary Fund (IMF) to repay the “Chinese debt” accumulated under China Pakistan Economic Corridor (CPEC). In a letter to
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Saudi Arabia May Support Financing TAPI Gas Pipeline
Local news sources from Saudi Arabia say that the country is studying the issue of supporting financing for the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline projects. “Saudi Arabia’s support of gas exports from Turkmenistan to India is the biggest shift in world
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