Iranian President Hassan Rouhani inaugurated the first phase of the Chabahar port on Sunday, opening a new transit route between Afghanistan, Iran and India.

Afghan ports to be handed over to MoF

Sunday, 03 December 2017 03:30 Written by

Management and control of all entry and exit ports in the country will be transferred from the Ministry of Commerce and Industries to the Ministry of Finance within the next two months, the Afghan Ministry of Finance has announced.

World Bank’s IFC to invest in AIB

Wednesday, 29 November 2017 03:37 Written by

With an aim to boost the banking sector and financial inclusion, the International Finance Corporation of the World Bank will invest in Afghanistan International Bank (AIB).

Turkmen MPs OK agreement on transport corridor

Tuesday, 28 November 2017 03:25 Written by

Turkmenistan’s parliament has ratified an agreement on transit and transport cooperation (Lapis Lazuli) among regional countries, a media report says.

20 MW solar power plant to be built in Kabul

Monday, 27 November 2017 03:33 Written by

A multi-million dollar solar power plant generating 20 megawatts will be built in Surobi district of Kabul.

Asian Development Bank (ADB) officials said the organization will contribute $223 million USD to Afghanistan over the next five years in order to improve the living conditions of Afghans. 

The 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, The World Bank (WB) says in the latest Afghanistan Development Update series released Tuesday.

Major Af-Pak trade route may be reopened next month

Tuesday, 21 November 2017 03:20 Written by

Closed three years ago, a major Pakistan-Afghanistan trade route will be reopened next month, says a senior Pakistani military commander. 

Irrigation networks being built in 8 provinces

Monday, 20 November 2017 03:27 Written by

Thirty-two modern irrigation networks are being established in eight provinces to cover about 7,000 hectares of land, officials said on Saturday.

At least nine districts in Badakhshan province – in the far northeast of Afghanistan – have no access to local telecommunication services, local officials said, adding that resident are using SIM cards from Tajikistan communication companies.  According to them this has been an ongoing for a number of years.