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World Bank approves COVID-19 aid package of $380m for Afghanistan

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The World Bank has approved a financial package of $380 million to help Afghanistan cushion the economic impact of the COVID-19 pandemic on Afghan families. 

The money will go towards helping households, support critical food supply chains, and provide emergency support to farmers.

The aid package, from dozens of donors, is made up of two grants that will go towards specific projects. 

“The living conditions of millions of Afghan families have severely worsened due to the impacts of the COVID-19 outbreak,” said Henry Kerali, World Bank Country Director for Afghanistan. 

“These grants will help the Government of Afghanistan address the urgent needs of most households and ensure that Afghan farmers can continue to produce food at a time when imports and exports are severely disrupted. This will extend economic opportunities and create jobs for the wider rural population,” he said.

A $280 million grant will fund the COVID-19 Relief Effort for Afghan Communities and Households (REACH) Project. 

This project will benefit some 2.9 million households across Afghanistan. 

The second grant, of $100 million, will fund the Emergency Agriculture and Food Supply Project (EATS). 

The project aims to improve food security by increasing local food production and strengthening critical commercial food supply chains, especially wheat as the staple crop for over 70 percent of the Afghan population. 

The project will also provide short-term employment in rural areas in the development of productive assets such as irrigation schemes. 

In rural areas, measures to prevent the spread of COVID-19 have disrupted farming, leaving Afghan farmers unable to sow their crops on time, while in urban areas food prices are rising with shortages of food supply becoming more urgent. 

According to the World Bank,  the COVID-19 Relief Effort for Afghan Communities and Households Project will be implemented through the Ministry of Rural Rehabilitation and Development (MRRD), the Independent Directorate for Local Governance (IDLG), and the Kabul Municipality. 

 

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World

US airstrike reported near Iran-Iraq border; no casualties reported

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Iranian state media reported on Wednesday that a suspected US airstrike targeted an area near the western Iranian city of Piranshahr, close to the Iraqi border, with no casualties or damage immediately reported.

According to Iran’s state broadcaster IRIB, the strike hit a location in West Azerbaijan province and was “reportedly carried out by the United States.” The broadcaster did not provide further details on the target or the timing of the attack.

There has been no immediate confirmation from US officials.

The reported strike comes as tensions between Washington and Tehran remain high despite a recent lull in hostilities.

A fragile calm has largely held since Friday after the latest exchange of US strikes on Iranian targets and Iranian retaliatory attacks subsided.

President Donald Trump declared a ceasefire had ended on July 8 following tanker attacks in the Strait of Hormuz, which Washington blamed on Tehran.

During the recent escalation, the United States said it struck military infrastructure, coastal surveillance systems, missile and drone facilities, naval assets and logistics sites inside Iran.

Iran responded by launching attacks against what it described as US military facilities and equipment in several Arab countries.

The latest flare-up occurred despite a memorandum of understanding signed by Washington and Tehran in June aimed at halting the fighting and opening negotiations on a broader agreement to end the conflict that began with Israeli and US attacks on Feb. 28.

Iranian authorities said no casualties or material damage were reported from Wednesday’s alleged strike. The incident could not be independently verified.

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Business

Afghanistan exports first stone shipment to US in $100,000 trade milestone

The export was coordinated through the Herat Chamber of Industries before being shipped to the U.S.

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Afghanistan has exported its first shipment of natural stone to the United States, marking a significant milestone in the country’s efforts to expand mineral exports and strengthen its foothold in international markets.

The shipment, valued at $100,000, was sent by a private Afghan company and consists of black stone extracted from the Zindajan mine in the western province of Herat.

The export was coordinated through the Herat Chamber of Industries before being shipped to the U.S.

Industry officials said the export underscores the growing potential of Afghanistan’s mining sector, which is home to vast untapped reserves of minerals and natural stone. They expressed hope that increased access to international markets would encourage investment, boost production, and create new employment opportunities.

Herat, one of Afghanistan’s principal commercial and industrial centres, has long played a key role in the country’s trade due to its strategic location and abundance of natural resources. Officials believe expanding exports of locally sourced minerals could help diversify Afghanistan’s economy and strengthen the private sector.

The shipment forms part of broader efforts to increase Afghanistan’s exports and promote the country’s mining and industrial products in global markets.

Authorities have repeatedly identified the mining sector as a key driver of long-term economic growth, with natural stone among the products expected to attract greater international demand.

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Sport

Afghanistan futsal team heads to Thailand for Continental Championship

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The Afghanistan national futsal team has departed for Bangkok, Thailand, to compete in the 2026 Continental Futsal Championship.

According to the Afghanistan Football Federation, the tournament will be held from August 1–6 and will feature Afghanistan, Thailand, Russia, Vietnam, and New Zealand.

Afghanistan will kick off its campaign against host nation Thailand on August 2.

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