๐ฆ๐ซ Five months since the Taliban seized power, Afghan companies are battling to stay afloat.
๐ International sanctions and curbs against the hardline Islamist group are fuelling a deepening economic crisis.
โญ๏ธ Here's how businesses in the country have been affected. ๐
๐ International sanctions and curbs against the hardline Islamist group are fuelling a deepening economic crisis.
โญ๏ธ Here's how businesses in the country have been affected. ๐
1๏ธโฃ Dynamic Vision
โญ๏ธ Dynamic Vision was one of the country's top infrastructure companies.
It had more than 300 projects, some 1,200 employees and an annual turnover of $10 million.
โ๏ธ But the Taliban takeover meant millions stuck in unpaid dues and limited cash.
โญ๏ธ Dynamic Vision was one of the country's top infrastructure companies.
It had more than 300 projects, some 1,200 employees and an annual turnover of $10 million.
โ๏ธ But the Taliban takeover meant millions stuck in unpaid dues and limited cash.
๐ค Now, Dynamic Vision has shifted from infrastructure to humanitarian work.
๐บ๐ณ It's currently doing research for the @UNmigration.
๐ผ CEO @AbdulEhsanMohma warns that unless jobs are created, the poor will suffer the most.
๐บ๐ณ It's currently doing research for the @UNmigration.
๐ผ CEO @AbdulEhsanMohma warns that unless jobs are created, the poor will suffer the most.
2๏ธโฃ Ehtesab
โญ๏ธ @SaraWahedi founded @EhtesabApp, which provides real-time alerts on security, traffic and power outages in Kabul.
๐ฑSecurity experts, journalists, government officials and volunteers vets and verifies reports.
๐จ This allows Ehtesab to send alerts within minutes.
โญ๏ธ @SaraWahedi founded @EhtesabApp, which provides real-time alerts on security, traffic and power outages in Kabul.
๐ฑSecurity experts, journalists, government officials and volunteers vets and verifies reports.
๐จ This allows Ehtesab to send alerts within minutes.
โฑ Now that most of her employees have left the country, it takes as long as 15 minutes for an alert to be sent.
โก๏ธ The few who remain work when they can - in the intervals between power cuts and internet outages.
๐ฃ "We are running on fumes at this point," she said.
โก๏ธ The few who remain work when they can - in the intervals between power cuts and internet outages.
๐ฃ "We are running on fumes at this point," she said.
3๏ธโฃ BrightPoint
๐ผ @Matiullahfr owned BrightPoint, a business consulting firm.
๐ Between preparing for a @TEDx talk and planning for his wedding, his schedule was packed.
Then everything ground to a halt.
๐ 20 workers became 4. A dozen projects turned to 0. Cash dried up.
๐ผ @Matiullahfr owned BrightPoint, a business consulting firm.
๐ Between preparing for a @TEDx talk and planning for his wedding, his schedule was packed.
Then everything ground to a halt.
๐ 20 workers became 4. A dozen projects turned to 0. Cash dried up.
โญ๏ธ @Matiullahfr is now in Abu Dhabi, waiting for his asylum claim to France to be processed.
๐ฑ He has developed the platform "Entrepreneur on the Go" to help fellow migrant entrepreneurs access tools and contacts.
๐ฑ He has developed the platform "Entrepreneur on the Go" to help fellow migrant entrepreneurs access tools and contacts.
๐ฐ Humanitarian aid are still coming to Afghanistan despite the sanctions, but Afghan entrepreneurs say it will not help revive the economy and create jobs.
โญ๏ธ Read more about the businesses fighting to survive in Afghanistan ๐
news.trust.org/item/202201250โฆ
โญ๏ธ Read more about the businesses fighting to survive in Afghanistan ๐
news.trust.org/item/202201250โฆ
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