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