KABUL, AFGHANISTAN | JUNE 19 – Five Afghan companies signed the first Public-Private Alliances (PPAs) with USAID in Kabul today. These companies have matched USAID funding, reaching a total investment value of more than $4.5 million.
Through its Building Afghanistan by Developing Enterprises (ABADE) program, USAID will assist these firms to expand their businesses and inject additional revenue into the Afghan economy. The alliances are expected to create more than 260 direct and over 2,200 indirect new jobs.