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Tag Results for "Inter American Development Bank"

Latin American Women-Owned Businesses Get a Boost with $55 Million in Financing

The Inter-American Development Bank (IDB) and the Multilateral Investment Fund (MIF), will provide up to $55 million to help financial intermediaries in Latin America and the Caribbean implement lending models that support growth in women’s businesses. continue reading »

Colombia to Spend $46 Million to Improve Educational Quality

The Inter-American Development Bank (IDB) approved a loan for $46 million to reduce educational lags and inequities and improve coverage in Colombia. continue reading »

Latin American Region Closes Out Year with Economic Gains, Poverty Rate Drops to 30.4% Level

Latin America and the Caribbean are closing a year marked by economic gains, but the region remains exposed to external shocks, Inter-American Development Bank President Luis Alberto Moreno 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 »

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 »

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 »

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 »

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 »

Colonial City of Santo Domingo to Be Promoted as Key Tourist Destination for Dominican Republic

The Dominican Republic will promote tourism in the Colonial City of Santo Domingo to generate income and create jobs for the capital’s residents, in an program financed with a $30 million loan approved by the Inter-American Development Bank (IDB). 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 »

Dominican Republic Obtains $78 Million in Loans to Build First-Ever Wind Farms

The Inter-American Development Bank on Thursday approved two loans for a total of $78.3 million to support the construction of two wind farms in the Dominican Republic. The projects, part of the country’s new investment in electric power production, will add a total of 80.6 megawatts to the existing electricity production capacity, estimated at 3000 megawatts. 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 »

Small Farmers in Latin America to Get International Loan Assistance

The Inter-American Development Bank (IDB) has closed a $3.6 million loan to provide access to finance for smallholder producer groups and farmers associations in nine Latin American countries through a loan to the “Fund for Small Small Rural Producers in Latin America” or “Fondo para los Pequeños Productores en América Latina (FOPEPRO)." continue reading »

Latin America Looks to Develop a Sustainable Biojet Fuel Industry From Organic Feedstock

The Inter-American Development Bank (IDB) announced today the approval of a regional cooperation to help public and private institutions develop a sustainable biojet fuels industry employing different kinds of local organic feedstock. 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 »

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 »

STUDY: Latin America Needs Investment in Teacher Training & Education Software

Putting more computers in schools will do little to improve the quality of education in Latin America and the Caribbean unless countries invest in teacher training and educational software, according to a new study by the Inter-American Development Bank (IDB). 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 »

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 »