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Afghanistan Exports 255 Tons of Fresh Fruits in 2019

Afghanistan has exported 255 tons of fresh fruits to various countries, indicating a 30% increase in fruit exports compared to the same period in 2018. The fruits—including apples, melons, pomegranates, watermelons and grapes—were mainly exported to India, Europe and some

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Afghan MMA Fighter Nasrat Haqparast Wins His 11th UFC Win

Afghan MMA fighter Nasrat Haqparast finishes Joaquim Silva in the second round to earn his first finish in the UFC and 11th win all together. UFC on ESPN 5 was held in New Jersey, USA. Joaquim Silva pushed the face

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Afghanistan Government Reduces Internet Prices By 37%

Minister of Telecommunication and Information Technology, Mohammad Fahim Hashemi, stated that all internet service providers purchasing internet by the national internet provider Afghan-Telecom will be receiving 1MB of internet for $60, while it was close to $100 in the past.

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Presidential Elections Campaign Officially Kicks Off in Afghanistan.

Afghanistan’s presidential elections campaign officially started July 28, 2019, and will be concluding on September 25th. The campaign has 18 candidates, with current President Ashraf Ghani and Chief Executive Abdullah Abdullah in the race. Hawa Alam Nuristani, the chairwoman of

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Buber–Afghanistan’s Ride-Hailing Service

BBR, which is pronounced ‘Buber,’ is Afghanistan’s first ride-hailing service. It enables users to call for cars to pick them up which is much safer than calling a traditional taxi. BBR has integrated AI in the app, which matches ride-hailers

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Afghanistan Can Now Say Goodbye to Paper Money with HesabPay

HesabPay is the first application in Afghanistan which enables consumers to send money electronically. Consumers in Afghanistan will be able to send money to another person in a different province in Afghanistan easily within seconds through the app. HesabPay can

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Afghanistan Exports Medical Products to Somalia

Afghan has exported medical equipment and hygiene products to Somalia for the first time. Hamidullah Khadim, head of Herat Chamber of Commerce  and Industries, stated that 25 types of medical equipment made by Asia Pharma had been sent to Somalia.

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Afghanistan’s Economy Grew By 2% in 2018: World Bank Report

Afghanistan’s economic growth rate was around 2% in 2018, resulting in the lowest growth rates among South Asian economies in 2018. According to the World Bank’s recent Afghanistan Development Update, Afghanistan faces challenges of security, political uncertainty, potential declines in

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Afghanistan Discusses Net Metering Concept in Dubai

The first of three meetings for reviewing Afghanistan’s net metering concept was held in Dubai last week. Net metering allows utility customers who generate their own electricity to export excess energy to the grid in return for credit. The eleven

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Afghanistan’s Investment in Azerbaijan Amounts to $1.5mn

Afghanistan’s total investment in Azerbaijan’s economy has reached $1.5 million, according to reports from Baku, capital city of Azerbaijan. Azerbaijani Deputy Economy Minister Sahib Mammadov said there is room for further cooperation between the two countries. He added that there

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Workshop Held To Facilitate Trade Between Afghanistan & Uzbekistan

The United States continued support to enhance cross-border trade and strengthen economic ties between Afghanistan and Uzbekistan at the “Facilitating Trade, Promoting Economic Growth,” event in Tashkent, Uzbekistan from July 14th – July 17th. USAID is supporting private-sector led economic

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USAID Supports NAREC Forum To Resolve Rural Issues in Afghanistan

USAID hosted the National Agriculture Education, Research, Extension and Economic Conference on July 15-17, 2019 to bring together experts to discuss current issues in agricultural education, research and extension. Participants share a common goal of developing solutions that will improve

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Afghanistan, Uzbekistan Step Up Efforts To Bolster Trade Ties

Afghanistan and Uzbekistan are continuing efforts to strengthen trade relations between the two countries. Significant progress was made during the second round of the Afghanistan-Uzbekistan public-private dialogue – held in Tashkent, Uzbekistan, on 16 July – during which the two

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New Storage Facility Opens In Kabul Airport

A new USAID-funded cold storage facility at Hamid Karzai International Airport (HKIA) will enable exporters to increase shipments of perishable fresh fruits and vegetables to high-paying international markets, minimizing product loss and maximizing profit. The facility was inaugurated at a

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5% Of Government Contracts Allocated For Afghan Women

President Mohammad Ashraf Ghani announced that a minimum quota of 5% is reserved for Afghan women entrepreneurs in government contracts in a bid to improve their participation in the economy. This directive was issued during the president’s visit in Kandahar

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First Ever Solar Power Plant Inaugurated in Energy-Starved Kandahar Province

President Mohammad Ashraf Ghani inaugurated the first ever solar power plant in southern Kandahar province, where residents and industrialists have been demanding electricity for years. The $39 million solar power plant will produce a total of 30 megawatts energy, helping

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Afghanistan to Purchase 14mn Euros Worth of Biometric Devices for the Upcoming Elections

The National Procurement Commission has approved the purchase of 17,865 biometric verification devices to be used at the upcoming presidential elections. The devices, including accessories like printers, power bank and printing paper, are expected to cost over €14 million, according

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Uzbekistan Pledges $45mn to Support Afghanistan’s Power Transmission Project

In a meeting with CEO Abdullah Abdullah in Mazar-e-Sharif on Monday, Uzbekistan’s Prime Minister Abdullah Airpov pledges to provide $45 million for a power transmission project. The 200-kilometer long power transmission line runs from Sarkhan in Uzbekistan to Pul-e-Khumri in

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New Study Indicates a Drastic Decrease in Availability of Credit in Herat

The Afghanistan Research and Evaluation Unit (AREU) launched a research paper titled “On Borrowed Time: The limits of informal credit for livelihood security in Herat, Afghanistan” at an event in Kabul on 1 July 2019. The event was attended by

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Mumbai Trade Mission Nets $123 Million in Contracts for Afghan Agriculture Exporters

Exporters of Afghanistan’s finest fruits, nuts, spices, honey, and juices left a Mumbai trade event this week with contracts worth more than $123 million from buyers in India, one of the most lucrative trade events for Afghan agriculture exporters in

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Afghan Traders Sign Deals Worth $75mn in Mumbai Exhibition

Afghan traders concluded contracts and commitments worth $75 million in a two-day agricultural expo held in Mumbai, India. Afghan traders obtained a contract worth $30 million on the first day of the exhibition, and the figure raised to $75 million

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Afghanistan Inaugurates Kabul-Sharjah Air Corridor

Afghanistan inaugurated its latest air corridor, the Kabul-Sharjah air corridor, in a bid to further Afghanistan’s exports. According to the Afghan Ministry of Industry and Commerce, the first flight carried two tons of fresh apricots to the Sharjah City of

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Third Private Bank Goes Bankrupt in Afghanistan

Afghanistan Commercial Bank (ACB) becomes the third private bank to go bankrupt in the past one decade. Originally operating under the name of BRAC Bank, ACB went bankrupt last year due to major violations in its banking system. The BRAC

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First Consignment of Afghan Products Arrives in Azerbaijan Through Turkmenistan

The first consignment of Afghan products, including 115MTs of marble, successfully reached Azerbaijan today through Turkmenistan.  This new route opens Azerbaijan’s markets for Afghan products and boosts trade cooperation between the two countries. The inauguration was attended by officials from

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Pakistan Promises To Reopen Airspace for Afghanistan-India Flights In 3 Days

Afghanistan Civil Aviation Authority (ACAA) said that Pakistan has promised to re-open its airspace for Afghanistan-India flights on June 14. Pakistan closed its airspace in February after India launched air strikes on militant bases across the border in Pakistan in

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