Afghan Business
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Entrepreneur of the Month: Nafas Gul Jami
Nafas Gul Jami is an entrepreneur and successful businesswoman in Herat. She has trained hundreds of women in carpet weaving, embroidery and food processing. Jami began her business with embroidery during the Taliban, and today she’s become a well-known figure
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First-Ever Paper Production Factory Opens in Kabul
The first-ever paper factory has opened in Kabul, and it has the potential to meet the annual demand for white paper in the country. According to the factory officials, the factory has the capacity to produce 120 tons of paper
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Increase in Figs Production in Herat, Kandahar & Faryab
The Ministry of Agriculture, Irrigation and Livestock (MAIL) announced fig production has increased in Kandahar, Herat and Faryab provinces this year. Herat agriculture department has noticed a 30 percent increase in the production of figs. Bashir Ahmad, head of agricultural
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First Pistachio Processing Factory Opens in Badghis Province
The first pistachio processing factory in Badghis was inaugurated last week in the presence of local government officials and business community members. With a processing line equipped with five pistachio crushing machines, the factory has the capacity to process 300-500
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Kandahar Produces Five Tons of Pistachios This Year
Kandahar’s Department of Agriculture expect pistachio production in the province to reach five tons this year. “Farmers here are fond of growing pistachios, and we’ve made sure to implement programs that strengthening gardening in the provoince,” said Hafiz Rasidi, Head
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A Branch of Qatar University to Open in Kabul
The Afghan ministry of higher education announced that a branch of Qatar University will open in Kabul. An agreement to that effect was signed between Afghan Acting Minister of Higher Education Abas Baser and Qatar Minister of Higher Education Muhammad Abdul
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Germany Pledges EUR 240mn in Aid to Afghanistan
The German Federal Ministry for Economic Cooperation and Development (BMZ) commits to invest an overall amount of about AFN 21.3 billion (EUR 240 million) for financial and technical cooperation in 2020. Further funding is provided by BMZ directly to non-governmental
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Turkish Airlines Halt Flights to Afghanistan
The Afghanistan Civil Aviation Authority (ACAA) said that Turkish Airline has stopped its flights to Afghanistan for the third time this year. Turkish Airlines resumed its flights to Afghanistan on June 24, after a three month halt due to COVID-19.
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Construction of 10km Road Started in Ghor Province
Local officials in Ghor province announced that construction and asphalt work of a 10 km road worth 394 million AFN has started in this province. Ghor Governor Noor Muhammad Kohnaward said the project will be completed within three months and
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Afghanistan Signs Four Economic Cooperation Agreements With Turkmenistan
Today, Afghanistan and Turkmenistan representatives signed four economic cooperation agreements in the presence of Afghan President Mohammad Ashraf Ghani in the presidential palace. The agreements include transfer of 500kV electricity from Turkmenistan to Herat, expand telecommunication ties, connect fiber optic
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Construction of a 1.5-kilometre Flood Protection Wall Along Balkh River Kicks Off
The Governor of Balkh and the Deputy Minister of Rural Rehabilitation and Development together with Provincial Government Officials laid the foundation stone for constructing a 1.5-kilometre flood protection wall along the Balkh River in Sholgara District. More than 24,000 residents
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Afghanistan Imports Half Billion US Dollars Worth of Medicines Every Year
Afghanistan imports $400 to $500 million worth of medicines yearly which is a major blow to the local economy. Addressing the ceremony for celebration of World Pharmacists’ Day, Acting Minister of Public Health Ahmad Jawad Osmani said the Afghan government
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Today’s Exchange Rates in Kabul Market
1USD دالر 1 76.90 1 EUR 1 یورو 89.90 1 POUND 1 پوند 97.30 1 S.RIAL 1 ریال سعودی 20.25 1 UAE DIRHAMS 1 درهم امارات 20.80 1 FRANC 1 فرانک 81.20 1 AUS $ 1 دالر آسترالیا 53.20 1
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USAID Supports 4 Renewable Energy Projects In Afghanistan
Afghan government signed agreements with USAID-funded Independent Power Producers to support four renewable energy projects to increase access to reliable and affordable electricity for Afghans. “Congratulations to everyone who made this happen. The successful and timely completion of these projects
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Report: How Nimroz Moved into Afghanistan’s Primary International Trade Hub?
The Afghanistan Research and Evaluation Unit (AREU) reveals how Nimroz, one of Afghanistan’s under-researched provinces, has transformed into one of Afghanistan’s primary hubs for international trade in its recent working papers, “Catapults, Pickups and Tankers: Cross Border Production and Trade
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ADB Pledges $100mn to Afghanistan to Counter COVID-19 Impacts
The Asian Development Bank (ADB) has pledged $100 million to support small and medium enterprises impacted by the pandemic. “We understand that the economic impacts of COVID-19 pandemic will be widespread. To counter these challenges, ADB is preparing a countercyclical
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Summit Held in Dubai to Attract Investors in Afghanistan
A two-day business summit is being held in Dubai to attract investors in Afghanistan. Over 120 Afghan and foreign investors have attended this summit. Organized by Harakat and Afghanistan’s private sector representativs, this summit is expected to lure major companies
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More Than 9000 Containers of Afghan Goods Stopped in Pakistan
Afghanistan chamber of commerce and industry (ACCI) said that more than 9 thousand containers full of Afghanistan’s goods have been stopped in Pakistan, inflicting a daily loss of about $2 million on Afghan traders. Khan Jan Alokozai, a member of
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Kam Air Airline Removed from UAE Civil Aviation Authority Blacklist
The Afghanistan Civil Aviation Authority (ACAA) announced on Thursday that the Kam Air airline has successfully complied with the terms and standards of General Civil Aviation Authority of the United Arab Emirates and has been removed from their blacklist. The
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Nangarhar To Produce 150 Tons of Dates This Year
Ministry of Agriculture, Irrigation and Livestock (MAIL) reported that Nangarhar’s date yield increases every year, and this year it may reach about 50 tons. In Nangarhar province, 80 acres of date orchards have been built so far, most of which
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Afghanistan To Provide Banking Services Through Branchless Banking
In an effort to facilitate access to the banking services through branchless banking, a trilateral MOU was signed between Da Afghanistan Bank (DAB), Afghan Post, and Afghanistan Banking Association. The signing of this MOU is part of DAB’s efforts to
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How Rich Countries’ National Interest Will Threaten Fair Distribution of COVID-19 Shots
Recent forecasts have indicated that the US economy shrank by an annual rate of 32.9% between April and June as coronavirus cases spike again all across the US. This is the country’s worst quarter since then second World War. Meanwhile,
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Afghanistan To Produce 200 Thousand Tons of Pomegranate This Year
Ministry of Agriculture, Irrigation and Livestock (MAIL) announced that data shows a significant increase in pomegranate production in the country. According to MAIL, pomegranate products will reach 200 thousand tons this year. “Over 190 thousand tons of pomegranate will be
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Turkmenistan Agrees On Electricity Transmission to Pakistan Through Afghanistan
Da Afghan Breshna Sherkat (DABS), Afghan national company, announced that Turkmenistan agreed with Afghanistan and Pakistan on electricity transmission to Pakistan though Afghanistan. Addressing a press conference, DABS Plan and Policy Director Mujtaba Hoshmand said, “DABS has undertaken a new
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Bamyan To Produce 52 Tons of Honey This Year
The Ministry of Agriculture, Irrigation and Livestock (MAIL) said honey production is on the rise in Bamyan province and will likely reach 52 tons this year. “We have promoted beekeeping industry for the past 6 years, and now there are
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