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Argentina Investing $300 Million to Improve Roads

The Inter-American Development Bank (IDB) approved a $300 million loan to finance the expansion, rehabilitation and improvement of roads in Argentina. continue reading »

Residental Mortgage Lending in Latin America Gets Boost from International Lenders

La Hipotecaria will get a financial package of approximately $20 million from the Inter-American Development Bank (IDB) to boost residential mortgage financing to low- and middle-income individuals in El Salvador, Panama and Colombia. continue reading »

Latin America’s Renewable Energy Projects Get $30 Million in Funding

The Inter-American Development Bank (IDB) has approved a $30 million loan for the Emerging Energy Latin America Fund II, designed to boost the private sector continue reading »

Ecuador to Protect Its Cultural Heritage with a Nearly $40 Million Investment

Ecuador will carry out a broad program to protect and restore its cultural heritage with the help of a loan for $37.8 million from the Inter-American Development Bank (IDB). continue reading »

Latin American 2011 Export Growth Pegged at 26%, Venezuela Grew by 45%

Latin America’s projected 2011 export growth of 26 percent to approximately $1.1 trillion continues the strong growth posted in 2010, according to new estimates by the Inter-American Development Bank (IDB). continue reading »

Paraguay to Spends Millions to Improve Agricultural Productivity

The Inter-American Development Bank (IDB) approved a $25 million loan for a program to improve agricultural productivity in Paraguay by increasing security of property ownership. continue reading »

Uruguay Investing in Power Milk Business to the Tune of $65 Million

The Inter-American Development Bank (IDB), approved a loan of up to $65 million for Estancias del Lago SA, a Uruguayan privately-held agri-business company, to develop a fully-integrated and highly efficient dairy operation to export powered milk. continue reading »

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 »