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World Bank allocates $16 million to support women-led businesses in Afghanistan

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The World Bank has declared that it has allocated $16 million to support small businesses in Afghanistan, focusing on women-owned enterprises and businesses led by them.

The World Bank stated Wednesday through a press release that this assistance will be directly disbursed to the Afghanistan Reconstruction Trust Fund (ARTF) via the Aga Khan Foundation in the USA.

Melinda Good, World Bank country director for Afghanistan, emphasized that “supporting small financial providers in Afghanistan is one of the few actionable options currently available to enhance access to financial resources in Afghanistan, especially for women.”

She said, “This project aims to strengthen the small financial sector in Afghanistan so that owners of small businesses and women-led enterprises can access the necessary financial credit to rebuild their businesses, rebuild their lives, and contribute to the revival of the private sector.”

The World Bank stated that the Afghanistan Credit Guarantee Foundation was established in 2004 and added that the bank is striving to increase access to financial resources in Afghanistan for small and medium-sized enterprises by providing credit guarantees and technical assistance.

This comes as support for women in the private sector, especially in investment and trade, has increased from international organizations.

The World Bank report stated that this project will be concentrated in 15 provinces of Afghanistan, including Badakhshan, Balkh, Bamyan, Daikundi, Faryab, Herat, Jawzjan, Kabul, Kunduz, Nangarhar, Parwan, Samangan, Sar-e Pol, and Takhar.

It is worth mentioning that this project in Afghanistan will be implemented through the Aga Khan Foundation and the Afghanistan Credit Guarantee Foundation.

The World Bank has stated that the goal of aligning this project is to support “enhancing the financial resilience and growth of small providers and companies.”

Additionally, the United Nations Development Program (UNDP) has announced the alignment of several projects to create job opportunities for women and emphasized that aligning projects strengthens the economy of Afghanistan and enables women entrepreneurs to manage their businesses.

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COP31 opens in Türkiye: World leaders urged to turn climate promises into action

The summit provides an important platform for vulnerable countries, including Afghanistan, to highlight climate-related challenges and seek greater international cooperation and support.

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The 31st United Nations Climate Change Conference (COP31) opened in Antalya, Türkiye, on Monday, November 9, bringing together government leaders, senior officials, scientists, researchers, entrepreneurs and civil society representatives from around the world.

The two-week conference, scheduled to run until November 20, aims to strengthen international cooperation, build mutual trust and turn climate commitments into practical and measurable action.

United Nations Secretary-General António Guterres has warned that climate change poses an existential threat to humanity, urging countries to take urgent and collective action to protect human lives.

Guterres stressed that the world can no longer afford endless discussions or shifting responsibility, calling on all countries to do more to address the growing climate crisis.

Meanwhile, Turkish President Recep Tayyip Erdoğan said Türkiye wants COP31 to go beyond political declarations and produce concrete decisions that can be implemented to tackle climate challenges.

Erdoğan said more than 600 events have been planned during the conference, showcasing solutions in areas including clean energy, waste management, climate finance and climate-resilient cities.

He emphasized that the real test of the summit would be whether international commitments are translated into tangible results.

The conference comes amid growing concerns over the worldwide impacts of climate change, including prolonged droughts, devastating floods, extreme heat and unusual rainfall patterns.

Afghanistan remains among the countries highly vulnerable to climate change, despite contributing only a small share of global greenhouse gas emissions. An Afghan delegation has also been invited to participate in COP31.

The summit provides an important platform for vulnerable countries, including Afghanistan, to highlight climate-related challenges and seek greater international cooperation and support.

The first UN climate change conference, COP1, was held in Berlin, Germany, in 1995. Since then, the annual gatherings have become a major international forum for negotiating global climate policies and addressing environmental challenges.

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UNAMA chief praises Afghanistan’s push towards clean and affordable energy

She called for these initiatives to be scaled up, saying a key objective of the energy gathering was to identify ways to expand and build on successful projects already underway.

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The head of the United Nations Assistance Mission in Afghanistan (UNAMA), Rabab Fatima, has praised Afghanistan’s efforts to expand access to clean and affordable energy, highlighting the role of local entrepreneurs, manufacturers and international partners.

Speaking during a tour of exhibitors at Afghanistan Energy Week 2026, held under the theme “Development Through Energy”, Fatima commended the Afghanistan Chamber of Commerce and Industries (ACCI), the UN Development Programme (UNDP) and the wider UN family for bringing together Afghan and international stakeholders.

She said the event provided an important platform for public institutions, financial institutions, businesses and development partners to discuss practical solutions for advancing the country’s energy sector.

Fatima also welcomed the participation of Afghan women entrepreneurs working to promote clean and affordable energy, as well as the growing presence of local distributors, producers and manufacturers of solar panels and other green energy technologies.

“I was particularly pleased to see the Afghan women, entrepreneurs here who are doing their bit in advancing clean and affordable energy,” she said.

She described the exhibition as an encouraging start to Afghanistan’s transition towards more affordable and sustainable energy, stressing the need to expand successful initiatives.

Referring to recent visits to Bamiyan and Jalalabad, Fatima said she had seen promising solar energy projects being used by government institutions and UN agencies to support programmes in healthcare, markets and agriculture.

She called for these initiatives to be scaled up, saying a key objective of the energy gathering was to identify ways to expand and build on successful projects already underway.

“The purpose and objective of this meeting here is to see how we can scale up many of the good initiatives that we see here today,” she said.

Fatima expressed confidence that Afghanistan Energy Week would not be the last such event, emphasising the importance of continued cooperation to advance the country’s clean energy ambitions.

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OIC and UNICEF discuss expanding humanitarian and development cooperation in Afghanistan

According to the OIC Kabul Mission, the meeting took place at their office in Kabul on Sunday, November 8, 2026.

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The Director General of the Organisation of Islamic Cooperation (OIC) Mission in Kabul, Ambassador Dr. Mohammed Saeed Alayyash, has met with UNICEF Representative in Afghanistan, Tajudeen Oyewale, to discuss humanitarian and development cooperation.

According to the OIC Kabul Mission, the meeting took place at their office in Kabul on Sunday, November 8, 2026.

During the meeting, both sides exchanged views on issues of mutual interest and discussed areas of shared concern.

The discussions also highlighted the importance of maintaining engagement and strengthening cooperation between the OIC and UNICEF in addressing Afghanistan’s humanitarian needs and development priorities.

The meeting reflects continued engagement between international organisations working on humanitarian and development issues in Afghanistan.

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