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MTN Eyes 25% Growth in Cellphone Customers

Africa's largest cellphone operator by subscribers, MTN, is seeking to increase customers by a quarter this year.

Africa's largest cellphone operator by subscribers, MTN, is seeking to increase customers by a quarter this year. MTN aggressively pursued acquisitions to obtain rights to introduce its products in Nigeria, Iran and Afghanistan in recent years. MTN is said to be cautiously optimistic about 2009 when it reported a 33 percent rise in 2008. The company saw increases in both Nigeria and Iran. The telecommunication has been hit by the global financial crisis but telecommunication companies in developing nations seem to be relatively unscathed as MTN seeks to continue its aggressive strategy targeted at Nigeria, Afghanistan and Iran.

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Other Important News In Afghanistan


Afghanistan to Receive $40 Million for Elections

The current global economic crisis has many countries developing new ways to save money, but fortunately for the government of Afghanistan, that does not mean that they are refraining from continuing their financial support of their elections.

The current global economic crisis has many countries developing new ways to save money, but fortunately for the government of Afghanistan, that does not mean that they are refraining from continuing their financial support of their elections. U.S. Secretary of State Hillary Clinton announced on Monday that the U.S. Government will commit $40 million to aiding the elections that are to take place in Afghanistan this summer. The money will be used to vamp up security, as well as battle the rampant drug trade that exists in the nation, particularly from Afghan poppy seeds.

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ECO Names New Secretary General

Afgahnistan's Ambassador to Iran, Mohammad Yahya Maorufi, was recently appointed as the Economic Cooperation Organization (ECO) secretary general.

Afgahnistan's Ambassador to Iran, Mohammad Yahya Maorufi, was recently appointed as the Economic Cooperation Organization (ECO) secretary general. The decision was made by the ECO heads of states in Tehran on Wednesday. The summit was attended by Afgahn President Hamid Karzai, Pakistani President Asif Ali Zardari and Turkish President Abdullah Gul, along with members from Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan.

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Afghanistan Holds Mineral Treasure: Minister

Afghanistan is a mineral rich nation.

Afghanistan is a mineral rich nation. The country's mine minister is urging foreign firms to invest in oil, gas and iron ore sectors in the largest mineral deposits in the region. The news that Afghanistan might have one of the largest mineral deposits has been reported by the U.S. Geological Survey (USGS). The report has observed that Afghanistan is probably the richest in the field of minerals, excluding diamonds. According to the USGS survey, Afghanistan's north is estimated to hold between 600 to 700 billion cubic meters of natural gas and overall the nation has 25 million tonnes of oil in four basins.

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Canada to Provide Money to Enhance Rule of Law in Afghanistan

Canadian Foreign minister Lawrence Cannon announced that Canada will contribute additional aid to improving the rule of law in Afghanistan.

Canadian Foreign minister Lawrence Cannon announced that Canada will contribute additional aid to improving the rule of law in Afghanistan. Canada has pledge 21 million Canadian dollars that will go towards Afghan National Police and prison guards. The money, according to Afghan officials, will be overseen by the UN via a trust fund. The package comes as Canada continues to pledge its support to Afghanistan moving forward with other donation's going toward Afghan's presidential election and improving human rights.

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MTN Eyes 25% Growth in Cellphone Customers

Africa's largest cellphone operator by subscribers, MTN, is seeking to increase customers by a quarter this year.

Africa's largest cellphone operator by subscribers, MTN, is seeking to increase customers by a quarter this year. MTN aggressively pursued acquisitions to obtain rights to introduce its products in Nigeria, Iran and Afghanistan in recent years. MTN is said to be cautiously optimistic about 2009 when it reported a 33 percent rise in 2008. The company saw increases in both Nigeria and Iran. The telecommunication has been hit by the global financial crisis but telecommunication companies in developing nations seem to be relatively unscathed as MTN seeks to continue its aggressive strategy targeted at Nigeria, Afghanistan and Iran.

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Iran 'Ready' to Aid Afghanistan'

Iran is currently in talks with Afghanistan's leaders at the Economic Cooperation Operation (ECO) summit on various topics affecting the two nations.

Iran is currently in talks with Afghanistan's leaders at the Economic Cooperation Operation (ECO) summit on various topics affecting the two nations. Some of the talks include Pakistan, the three nations are on the verge of increasing cooperation to help politically stabilize the nations. In particular, Iran is seeking to increase its economic assistance to Afghanistan and assist training the Afghan army and national police. Afghanistan's main concern at the moment is the ongoing flourishing drug trade that is occurring. The government is finding it difficult to combat the drug war due to lack of security and border police. The burgeoning drug trade in Afghanistan is impacting all neighboring countries as well as the Arabian Peninsula.

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Iran, Tajikistan and Afghanistan to Boost Trilateral Ties

Iran, Afghanistan and Tajikistan have recently announced to increase cooperation amongst the three nations by establishing a trilateral investment bank

Iran, Afghanistan and Tajikistan have recently announced to increase cooperation amongst the three nations by establishing a trilateral investment bank. The announcements came whilst the Economic Cooperation Organization (ECO) summit was happening in Tehran. The three nations have pledged to work on agreements covering electricity, water, transportation and trade. The Tajik president and the Afghan president have also held bilateral discussion with desires to implement security and transport agreements. The Tajik and Afghan President are scheduled to meet again in Afghanistan's northern city Mazar-i-Sharif on march 20-21.

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Regional Economic Summit Opens in Iran

The Economic Cooperation Organization (ECO) summit began on Wednesday with leaders from Afghanistan, Pakistan, Turkey and other regional countries gathering in Tehran.

The Economic Cooperation Organization (ECO) summit began on Wednesday with leaders from Afghanistan, Pakistan, Turkey and other regional countries gathering in Tehran. The point of the summit will largely focus on the global financial crisis and the effects it has on the region. ECO members that are present are leaders from Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan.

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China's Copper Appetite Could Hold Key to Afghanistan's Future

China and the United States are looking to gain access to the Aynak copper reserves in Afghanistan.

China and the United States are looking to gain access to the Aynak copper reserves in Afghanistan. The United States will provide security to the Chinese firm that has assigned $3 billion to this project. Originally the security forces were not assigned to protect the Chinese investment but to stop Taliban infiltration into the capital of Kabul. But the security provided could eventually lead to Afghanistan's economic revival. The project will provide jobs, injects royalties and taxes into Afghanistan's economy. The deal also includes China facilitating and sponsoring Afghanistan's first national railway.

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1 Million New Afghan Students Start School

Four-hundred thousand students cannot attend classes, despite a million Afghan students starting a new school year.

Four-hundred thousand students cannot attend classes, despite a million Afghan students starting a new school year. Over 2,000 schools were built over the last year to provide for the additional students noted Education Minister Farouq Wardak. Wardak said that the school system should expect 7.2 million up from 6.2 million last year. But, due to security concerns 614 out of 13,300 schools remain closed. Another 5.3million children are currently unable to go to school due to socio-economic reasons. The President Hamid Karzai has asked the Taliban to allow both boys and girls to attend school. Afghanistan, currently, has a population of 30 million with 11 million people believed to be illiterate and only 20 percent obtaining university degrees.

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