IDB Invest invests $5 million in MONI Online in its first operation with a Fintech company

Thursday, May 17, 2018 - 16:11
IDB Invest, the private sector institution of the Inter-American Development Bank (IDB) Group, made an investment of $3 million with the digital financial services company MONI Online, which operates primarily in Argentina. The financial structure includes the option to invest an additional $2 million in the company’s next round of equity.

IDB Invest strengthens the leather industry in Brazil with financing to the Durli Group

Thursday, May 3, 2018 - 08:53
IDB Invest, the private sector institution of the Inter-American Development Bank (IDB) Group, finances the Durli Group in Brazil and Paraguay, with a financial package in Brazil of $38 million and another in Paraguay of $15 million.

IDB Invest calls young professionals to participate in the second edition of CREA TU FUTURO Program

Wednesday, May 2, 2018 - 09:22
IDB Invest, the private sector institution of the Inter-American Development Bank (IDB) Group, has opened a call for young professionals who wish to participate in the second edition of its CREA TU FUTURO Program.

IDB reaffirms commitment to urban transportation in Quito with new loan

Friday, April 27, 2018 - 17:39
The Inter-American Development Bank (IDB) has approved a $250 million loan to help build a metro line in the capital city of Quito, Ecuador. This operation, which adds to a $200 million loan approved in December 2012, is testimony to the commitment of the IDB to support sustainable urban mobility projects in areas under pressure to meet growing demands for an efficient public transportation system.

Honduras will contribute to improving citizen security and the improvement of neighborhoods with IDB support

Friday, April 27, 2018 - 09:12
Loan of $60 million will be focused on municipalities with high levels of insecurity Honduras will implement a program that will contribute to improving citizen security in the capital city of Tegucigalpa and San Pedro Sula, with a $60 million loan approved by the Inter-American Development Bank (IDB).

IDB Invest invests in Indigo 2PD fund to expand access to financing for medium-sized companies in Mexico

Thursday, April 26, 2018 - 18:01
IDB Invest, the private sector institution of the Inter-American Development Bank (IDB) Group, signed an equity investment of up to 450 million Mexican pesos with the Indigo 2PD fund. The fund will provide financing to medium-sized companies in Mexico that have proven business models and high growth potential.

IDB Invest launches the public consultation on its new Access to Information Policy

Monday, April 23, 2018 - 09:41
The new policy seeks to reaffirm its commitment to transparency   IDB Invest, the private arm of the Inter-American Development Bank (IDB) Group, is updating its information policy. As part of this process, IDB Invest will open to public consultation the draft of the new Access to Information Policy on May 23 and will receive comments for a period of 120 days.

IDB Invest finances the Achiras wind farm in Argentina

Friday, April 20, 2018 - 14:00
The total amount of the long-term loan was disbursed after signing the agreement, supporting renewable energy in the country IDB Invest, the private sector institution of the IDB Group, finances the construction, operation and maintenance of the Achiras 48 MW wind farm located in the southeast region of the province of Córdoba, in Argentina. The project includes a transmission line of 14 kilometers and is developed by the company Central Puerto, S.A.

IDB Invest finances in Brazil the largest thermoelectric plant in Latin America and the Caribbean

Thursday, April 19, 2018 - 23:45
IDB Invest, the private sector institution of the IDB Group, finances the construction and operation of Porto do Sergipe, a 1,516 MW combined cycle thermoelectric plant and its associated infrastructure in the state of Sergipe, in Brazil. The project is developed by Centrais Elétricas de Sergipe SA (CELSE), a company run by EBRASIL of Brazil and Golar Power Ltd. Once operational in 2020, CELSE will sell electricity to 26 distribution companies in Brazil, becoming the largest and most efficient thermoelectric plant in Latin America and the Caribbean.

Regional development banks present study on technology’s impact on jobs

Thursday, April 19, 2018 - 17:47
The Future of Work: Regional Perspectives discusses the impact of the Fourth Industrial Revolution on labor markets across the globe Rapid technological progress provides a golden opportunity for emerging and developing economies to grow faster and attain higher levels of prosperity. However, some disruptive technologies could displace human labor, widen income inequality and contribute to greater informality in the workforce.