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Peru to Spend $25 Million on Early Education Projects

The Inter-American Development Bank (IDB) approved a loan to Peru for $25 million for an early education project that will foster safe schools continue reading »

Paraguay to Improve Employment Opportunties for Its Women and Youth

The Inter-American Development Bank (IDB) approved a loan for $5 million to support Paraguay’s efforts to expand the coverage and effectiveness of its employment programs continue reading »

Mexico to Finance Early Stage Companies, High Growth Companies - First of Its Kind Fund

The Multilateral Investment Fund (MIF) approved a $4 million equity investment in Angel Ventures Fund I, a fund that will invest in knowledge-intensive, technology-based firms in Mexico. continue reading »

STUDY: Latin America’s Low Quality Education Contributing to Increasing Teen Pregnancy

It is common to blame pregnancies for school desertions. However, a new study by the Inter-American Development Bank (IDB) suggests that some adolescents in Latin America and the Caribbean continue reading »

Honduras Obtains $180 Million in Loans to Reform Pension System & Prepare for Natural Disasters

The Inter-American Development Bank (IDB) approved three loans for Honduras for a total of $180 million to support reforms to the pension system continue reading »

Mexico to Build One of Latin America’s Largest Wind Farms, Heineken Already a Customer

The Inter-American Development Bank (IDB) has approved a loan of up to 1.1 billion Mexican pesos (or approximately $72 million) to help finance the construction of a 396-megawatt wind farm in Mexico, continue reading »

El Salvador Gets $50 Million to Reduce Risk to Slums from Natural Disasters

The Inter-American Development Bank (IDB) approved a loan for US$50 million to El Salvador for a project to reduce the vulnerability of residents in slums continue reading »

$1.4 Billion Latin American Energy Project to Build Four Wind Farms in Region

IMPSA, one of the world’s leading renewable energy companies, will get a $150 million loan from the Inter-American Development Bank (IDB) to help finance its plans to expand wind energy generation in Latin America. continue reading »

New Competition for Hispanic Migrant Entrepreneurs Announced

Luis Alberto Moreno, President of the Inter-American Development Bank (IDB), today announced the establishment of a new competition to help continue reading »

Ecuador Secures Loans to Improve Access to Electricity in Rural Areas

The Inter-American Development Bank (IDB) has approved a $40 million loan with which Ecuador will increase and improve access to electricity in rural and marginal urban communities. continue reading »

Uruguay Set to Invest Millions in Bolstering Tourism Sector

The Inter-American Development Bank (IDB) approved a loan for $5 million to promote tourism in six Uruguayan departments with the aim of boosting foreign exchange earnings, income, and employment. continue reading »

More State-of-the-Art Hospitals Coming to Underserved Areas of Mexico

The new facility in Tepic has 40 beds and provides specialized services not available from primary care doctors or secondary care consulting physicians, such as diagnosis, treatment continue reading »

Small Business Sector in El Salvador to Get Boost from $30 Million in Funding

The Inter-American Development Bank (IDB) approved a loan for $30 million to El Salvador to finance the Program to Support Production Development for International Integration continue reading »

Latin American Economies Doing Well Inspite of Global Economic Problems Say Economic Ministers

Latin America and the Caribbean continue to weather relatively well the problems currently afflicting the global economy, Inter-American Development Bank President Luis Alberto Moreno said today at a meeting of central bankers and finance ministers. continue reading »

Colombia To Bring Down Housing Shortage in Low-Income Sectors

The Inter-American Development Bank (IDB) will contribute to reduce the housing shortage in the most backward sectors of Colombia through a credit guarantee of 9.5 billion Colombian pesos (some US$5.38 million) granted to Credifamilia Compañía de Financiamiento S.A., which specializes in mortgage loans for social housing. continue reading »

Panama to Strengthen Its Fiscal Management and Obtain More Public Investment

With a $50 million loan from the Inter-American Development Bank (IDB), Panama will strengthen its fiscal management to help raise public investment through a sustainable increase in tax revenues and improved efficiency and transparency in public expenditure management. continue reading »

Nicaragua to Spend $20 Million to Support Housing for Low-Income Families

The Inter-American Development Bank (IDB) announced the approval of $20 million in financing to support a housing and neighborhood improvement program focused on low-income families in Nicaragua. continue reading »

Colombia Set to Cut Its Carbon Emissions

The Inter-American Development Bank (IDB) will support a $10.5 million project to set up a system of Verified Emissions Reductions (VERs) in Colombia, with the aim of cutting over half a million tons of carbon emissions over four years through a voluntary trading system, among other measures. continue reading »

Colombia Funds Early Childhood Services for Low-Income Households in Country

The Multilateral Investment Fund (MIF), a member of the IDB Group, is partnering with Fundación Carulla in Colombia to create a franchise of high-quality early childhood services for low-income households in the country. continue reading »

Chile Set to Boost and Diversify Its Fruit Exports

The Inter-American Development Bank today announced the approval of a $32 million loan to Chile’s Grupo Subsole, one of the largest locally owned fresh fruit companies and the country’s third largest table grape exporter. continue reading »