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Humvee explosion causes massive damage in Faryab
The Taliban detonated a Humvee loaded with explosives in the Dawolat Abad district market on Monday night, local officials confirmed Tuesday.
According to Provincial Governor Naqibullah Fayeq, the explosion left dozens of homes and shops destroyed.
He also said civilians were trapped in the rubble. He did not however give details on the exact number of casualties except to say two soldiers had been killed and four others wounded.
So far no group including the Talbian has claimed responsibility for the attack.
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UNDP, UN Women launch financing initiative for Afghan women entrepreneurs
UN Women Special Representative Susan Ferguson said expanding women’s access to finance was critical to enabling women-led businesses to grow.
The United Nations Development Programme (UNDP) and UN Women have launched a joint initiative to expand access to finance and business support for Afghan women entrepreneurs.
The Afghanistan Women’s Fund for Resilient Enterprises (AWFRE) will provide Sharia-compliant, collateral-free financing alongside financial and digital literacy training, mentoring, business planning and support to access markets.
An initial joint investment of $1.7 million will support about 1,500 women entrepreneurs over the next year, indirectly benefiting more than 14,000 people through stronger businesses, household incomes and economic activity.
The initiative comes amid a significant financing gap for Afghan women entrepreneurs. Fewer than 7% of women in Afghanistan have a bank account or use mobile money services, leaving many women-led businesses dependent on personal savings, loans from family and friends, or the sale of personal assets.
More Afghan women are turning to entrepreneurship to earn income and support their families. More than 10,000 Afghan women now hold business licences, around ten times the number five years ago, while the Afghanistan Chamber of Commerce estimates another 120,000 are trading without licences.
“The challenge for Afghan women entrepreneurs is not a lack of enterprise, but limited access to the finance, skills and networks they need to grow,” said Turhan Saleh, UNDP Resident Representative in Afghanistan.
UN Women Special Representative Susan Ferguson said expanding women’s access to finance was critical to enabling women-led businesses to grow.
“Afghan women are finding ways to build businesses, despite the many obstacles they face,” Ferguson said. “Expanding access to finance can help women entrepreneurs turn their ideas and skills into stronger businesses, more jobs and greater economic security for their families and communities.”
UNDP and UN Women are seeking an additional $10 million to expand the programme, which would allow another 10,000 women entrepreneurs to access financing and business support and indirectly benefit an estimated 70,000 people.
The initiative aims to help women entrepreneurs expand their businesses, access new markets and develop more sustainable sources of income.
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