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Deals worth 4 billion afghanis signed for electricity, construction projects
Contracts worth approximately four billion afghanis (AFN) were signed Sunday between the Ministries of Finance, Water and Energy, the power utility company Da Afghanistan Breshna Sherkat and the private sector.
The agreements were signed during a ceremony that was attended by Deputy Prime Minister for Economic Affairs Mullah Abdul Ghani Baradar and other senior officials.
The projects encompass the development of approximately 23 megawatts of solar power in Sarubi district, Kabul province, alongside the establishment of two substations in Herat province and the expansion of 220-KV power lines, Baradar’s office said in a statement.
Additionally, a commercial market in Kota-e-Sangi area of Kabul, and a mixed-use commercial and residential complex in Helmand are slated for construction.
“With an infusion of around 4 billion afghanis, these initiatives are poised to bolster the nation’s revenue streams and foster employment opportunities for hundreds of individuals,” the statement said.
Acting Minister of Energy and Water Abdul Latif Mansour said at the signing ceremony of the contracts that the world is interested in investing in Afghanistan.
“The investor that comes here sees the sincerity and transparency of the officials, and we see that with each passing day, investors come and invest in different sectors,” he added.
Zabiullah Mujahid, a spokesman of the Islamic Emirate, said on X that the agreements of two major electricity production and development projects which DABS signed is worth $43 million.
The construction of a solar power plant in Surobi district of Kabul will be completed in one year by 77 Turkish Construction Company and Zolaristan Afghani Company at a cost of $18.2 million, he explained.
The second project includes the construction of two mobile substations and the extension of a 220 KV power transmission line from Noorul-Jihad to Pol-Hashami substations, and is valued at $24.54 million. This is scheduled to be completed over a two-year period, Mujahid added.
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6.1-magnitude earthquake hits Afghanistan, epicenter in Badakhshan
A 6.1-magnitude earthquake struck Afghanistan on Saturday afternoon, according to the United States Geological Survey (USGS).
The quake’s epicenter was reported in Jurm district of Badakhshan province, with a depth of 208.3 kilometers.
So far, there have been no immediate reports of casualties or damage following the tremor.
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Delawar says Afghanistan has achieved security and unity after 47 years
Shahabuddin Delawar, Head of the Commission for Contact with Afghan Personalities, says Afghanistan has achieved security, unified governance, brotherhood, and progress for the first time in 47 years under the administration of the Islamic Emirate of Afghanistan (IEA).
Speaking at a meeting in Kabul on Saturday, Delawar said Afghanistan had lacked a unified system over the past four decades, but added that with the return of the Islamic Emirate, the issue has now been resolved.
Referring to Ashura commemorations held on Friday, he said the occasion was observed peacefully across the country under full security.
Delawar also urged exiled Afghan politicians to return, saying the commission was established to serve Afghans and address the concerns of returning figures. He added that any legal disputes involving returnees would be handled exclusively through the commission.
He further said the Islamic Emirate has expanded treatment centers and intensified anti-narcotics efforts since regaining power, claiming this has led to a significant decline in drug addiction.
Addressing the issue of international legitimacy, Delawar said he understood why the United States has not recognized the Islamic Emirate, arguing that Washington suffered a defeat in Afghanistan that it cannot easily overlook.
“They have suffered a major defeat that they cannot forget; if they recognize us, they will face questions from their own people,” Delawar said.
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EU announces major funding to support Afghan small businesses
The European Union says it is implementing hundreds of millions of euros in projects to support small and medium-sized enterprises (SMEs) in Afghanistan and help expand economic opportunities across the country.
Speaking to Ariana News, EU Chargé d’Affaires in Kabul, Veronika Boskovic Pohar, said the programs are aimed at creating jobs for skilled workers, women, youth, and returnees, while also strengthening the private sector. She added that alongside international support, Afghan authorities also have a role in facilitating economic growth.
According to Pohar, the EU is currently implementing projects worth €156 million focused on livelihoods, durable solutions, job creation, and women’s economic empowerment. She said an additional €40 million program specifically designed to support returnees will be launched in the near future.
She noted that the EU is gradually shifting its focus from emergency humanitarian aid toward long-term sustainable solutions, particularly for internally displaced people and returnees in Afghanistan.
Meanwhile, the United Nations, marking World Day of Small and Medium Enterprises, said SMEs account for more than 90 percent of businesses worldwide and play a critical role in employment and economic growth.
UN spokesperson Stéphane Dujarric stressed that stronger investment, innovation, and sustainable industrial development are essential to help businesses withstand economic challenges and build resilient economies.
Afghan private sector representatives and economic analysts say greater support for SMEs could help the country address economic challenges faster, increase employment, and promote sustainable long-term development.
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