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Spain Grants $25 Million to Honduras for Rural Water & Sanitation Improvements

Honduras will receive a $25 million grant from the Spanish Cooperation Fund for Water and Sanitation in Latin America and the Caribbean to expand and improve drinking water and sanitation services in rural communities with fewer than 2,000 people, the Inter-American Development Bank (IDB) said today. The Honduran government will contribute $2.5 million to the program. continue reading »

Brazil Refurbishes Hydroelectric Power Plants

In one of the largest energy-efficiency investments ever undertaken in Brazil, a public utility will use a $128 million loan from the Inter-American Development Bank (IDB) to partly finance the rehabilitation and modernization of two large hydroelectric complexes in order to increase power production, lower maintenance costs and double the service life of the facilities. continue reading »

First Ever Colombia-Brazil Investment Forum to Take Place, Santos, Lula & Others in Attendance

Prominent business and government personalities will take part in the First Colombia-Brazil Investment Forum on August 4 in Bogotá, Colombia. The event, sponsored by the Inter-American Development Bank (IDB), will be inaugurated by Colombian President Juan Manuel Santos, former Brazilian president Luiz Inácio Lula da Silva, and IDB President Luis Alberto Moreno. continue reading »

First Ever Colombia-Brazil Investment Forum to Take Place, Santos, Lula & Others in Attendance

Prominent business and government personalities will take part in the First Colombia-Brazil Investment Forum on August 4 in Bogotá, Colombia. The event, sponsored by the Inter-American Development Bank (IDB), will be inaugurated by Colombian President Juan Manuel Santos, former Brazilian president Luiz Inácio Lula da Silva, and IDB President Luis Alberto Moreno. continue reading »

Paraguay to Conduct Housing & Population Census

Paraguay’s 2012 National Population and Housing Census will be carried out with the help of a $12.5 million financing package from the Inter-American Development Bank (IDB). continue reading »

Colombia Promotes First Geothermal Energy Project

Colombia will promote investment in non-conventional renewable energy sources and lay the groundwork for its first geothermal project with a $2.7 million grant from the Global Environment Facility (GEF) administered by the Inter-American Development Bank (IDB). continue reading »

El Salvador Set to Improve Living Conditions of Women in Country

The Inter-American Development Bank (IDB) has approved a $20 million loan to help El Salvador finance the Ciudad Mujer (Women City) Program to be carried out by its Ministry of Social Inclusion continue reading »

IDB Aims to Save 350,000 Lives in Latin America thru Road Safety Instruction

The Inter-American Development Bank today participated in launching the first Decade of Action for Road Safety that the World Health Organization is carrying out with the objective of saving 350,000 lives in Latin America continue reading »

Rising Food Price Expected to Negatively Impact Urban Poor of Latin America

Rising international food prices could trigger an acceleration of inflation in several countries in Latin America and the Caribbean this year, highlighting the need for policies to protect the urban poor, according to a new study by Inter-American Development Bank (IDB). continue reading »

Argentina Investing to Improve Global Exports by Small-to-Mid Size Businesses

Argentina will seek to increase the value of annual exports by its small and medium enterprises (SMEs) by $90 million over the next two years, as part of a program to strengthen the management of foreign trade policy that will be supported by a $3 million loan approved by the Inter-American Development Bank (IDB). continue reading »

Honduras to Spend $37 Million to Improve Basic Education

Honduras will improve basic education for more than 100,000 students with the help of a $37 million loan from the Inter-American Development Bank (IDB). The financing will help students to learn more in basic education schools that serve the country’s poorest population. continue reading »

The Mosquitos are Back! Using Cell Phones to Combat Dengue

Dengue is getting worse in the Americas. During late 2010 the first dengue case in the United States outside the Texas Mexican Border since 1945 was detected in Key West and the disease has already spread to Miami. continue reading »

Shakira’s Barefoot Foundation to Help Rebuild Historic Public School

The Inter-American Development Bank and Colombian singer Shakira’s Barefoot Foundation announced they will support the Haitian government’s efforts to rebuild a historical public school in the capital’s downtown area. continue reading »

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 »