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Canada, Mexico & U.S. Announce Funds to Improve Regional Infrastructure

The Canadian, Mexican and U.S. governments will contribute $13 million to a regional infrastructure integration fund to be managed by the Inter-American Development Bank (IDB) continue reading »

El Salvador Inaugurates First ‘Ciudad Mujer’

Mauricio Funes, the President of El Salvador, and Salvadoran First Lady and Minister of Social Inclusion Vanda Pignato today inaugurated the first “Ciudad Mujer” service center in Lourdes, part of Colón municipality continue reading »

Microsoft to Provide Funding for Job Training Programs for Youth in Latin America

The Inter-American Development Bank (IDB) and Microsoft Corporation will provide $2.8 million to finance job training programs for as many as 6,000 youth across Latin America and the Caribbean. continue reading »

Annual Financing in Latin America’s Private Sector Expected to Exceed $3 Billion by 2015

The Inter-American Development Bank Group (IDB) expects to more than double its annual financing to companies in Latin America and the Caribbean over the next four years, a move that will help the Group fulfill its mission to promote development though the private sector in the region. continue reading »

Michelle Obama Visits Ciudad Mujer Project to Benefit Women in San Salvador

As part of United States President Barak Obama’s official visit to Latin America, First Lady Michelle Obama together with Salvadoran First Lady and Minister of Social Inclusion Vanda Pignato, visited the first of what is to be 12 centers of the Ciudad Mujer project. continue reading »

Colombia to Strengthen Its Attorney General Office and Judicial Transparency

The Inter-American Development Bank approved a $10 million loan to Colombia to improve public management transparency and increase regulatory compliance. continue reading »

Latin America and Caribbean Regions to Invest $500 Million to Prepare for Natural Disasters

Financial disaster preparedness is a growing concern in Latin America and the Caribbean. Last year the region saw devastating earthquakes in Chile and Haiti and an active hurricane season that impacted Central America and Mexico continue reading »

Inter-American Development Bank Leadership to Visit Costa Rica, Panama and Honduras

The President of the Inter-American Development Bank, (IDB), Luis Alberto Moreno, will visit Costa Rica,Panama, and Honduras March 1-4 to move forward to discuss the development agenda of the Central American countries. IDB is the largest source of development financing for Latin America and the Caribbean. continue reading »

Pepsi Working to Spur Economies in L.A., First Project to Aid Sunflower Farmers in Mexico

PepsiCo, Inc. one of the world's largest food and beverage companies, and the Inter-American Development Bank (IDB), the largest multilateral provider of development financing for Latin America continue reading »

Colombia Expands its Renewable Energy Production

Colombians will have greater access to clean energy as a result of the recent inauguration of the Porce III Hydroelectric Plant, which will add 660 megawatts to the country's energy matrix. continue reading »

Central American Countries Working to Reduce Childhood Anemia, Some Areas have Rate as High as 25%

The Inter-American Development Bank (IDB) will help to reduce the rate of anemia in children under age five in El Salvador and other Central American countries with a loan of US$1.1 million approved today. continue reading »

Revenues, Employment in Latin American Tropical Areas to Decline Due to Deforestation Ban

Farmers in Latin America and Caribbean will see billions in lost revenue over the next two decades if a complete ban on deforestation is put in place, highlighting the need for compensatory actions continue reading »

Japan Set to Help Latin America Lessen Climate Change Effect in the Region

The Inter-American Development Bank (IDB) and the Japan International Cooperation Agency (JICA) signed a Memorandum of Understanding to support renewable energy and energy efficiency for the mitigation of climate change in Latin America and the Caribbean. continue reading »

Argentina’s Rio Negro Region To Improve Infrastruture and Tourism

The Inter-American Development Bank (IDB) approved a loan of up to $30 million to improve the competitiveness of fruit and vegetable production, mining and tourism in the Rio Negro province of Argentina. continue reading »

Brazil Street Food Vendors to Get Financing and Business Training

The Inter-American Development Bank approved a $10 million loan to help enhance credit program for low income microentrepreneurs in the food services sector in the state of Sao Paulo, Brazil. continue reading »

Peru Spending $100 Million to Combat Poverty

The Inter-American Development Bank (IDB) has approved a $100 million loan to help Peru further reduce poverty through the strengthening of its principal social protection and labor programs. continue reading »

Honduras Invests in Fiscal Reform

Honduras obtained financing totaling $45.8 million to support the country's fiscal reform efforts, which seeks to bolster macroeconomic stability and restore sustainable continue reading »

One of Latin America’s Largest Energy Efficiency Projects Underway in Venezuela

Venezuela will increase power output from its largest hydroelectric complex by 795 megawatts—enough to supply almost one million Venezuelans—through a modernization program financed with a $700 million loan approved by the Inter-American Development Bank. continue reading »