The Exchange is part of the U.S. backed Afghanistan Investment Support Agency plan for the Afghan economy. Unfortunately it appears that one backer, the Afghan - American Chamber of Commerce may be relocating
Although much thought* has gone into the effort, first proposed in 2012, the timing may not be auspicious.
*"Challenges and Prospects of Establishing Stock Exchange Market in Afghanistan" Kabul, 2019 (17 page PDF)
For more on the current state of play in the Afghan economy see Kaminska et al, London, 2021:
Payments expert and cash critic David Birch joins us to discuss the role
cash and a fragile banking system have played in destabilising
Afghanistan.
And for punters jonesing for frontier market action. the Kazakhstan Stock Exchange in Almaty may offer some bargains with the KASE Index down 11% from its June high. And fairly resilient in the face of the geopolitics of the region.
Finally another option is Kyrgyzstan but before getting your bets down read:
