Institutions in Dominican Republic, Bolivia, Nicaragua win IDB microenterprise awards

Wednesday, September 8, 2010 - 03:00
Two microfinance institutions from the Dominican Republic and Bolivia, respectively, and a renewable energy company in Nicaragua are this year's winners of the annual awards presented by the Inter-American Development Bank to organizations offering outstanding services to microenterprise in Latin America and the Caribbean.

Regional electrical integration advances in Central America

Thursday, August 26, 2010 - 03:00
SAN JOSE, Costa Rica – Senior officials in the Central America’s electricity sector yesterday proposed concrete plans and agreements that will permit the comprehensive operation of a Regional Electrical Market (MER) before the end of 2011.

Nicaragua to expand geothermal energy with IDB help

Monday, August 2, 2010 - 03:00
The Inter-American Development Bank (IDB) announced the approval of a $40 million loan to finance the second phase expansion of the San Jacinto-Tizate geothermal power project, which is being developed by a private sector company, Polaris Energy Nicaragua S.A. (PENSA).

IDB to invest $1.8 billion annually in integration projects for Central America, South America and the Caribbean

Tuesday, July 20, 2010 - 03:00
SAN SALVADOR, El Salvador – The president of the Inter-American Development Bank (IDB), Luis Alberto Moreno, announced today that under the framework of the Bank’s capital increase, it will allocate about $1.8 billion annually to integration projects for Central America, South America and the Caribbean.

Nicaragua to transform its energy matrix and expand access to electricity

Thursday, July 8, 2010 - 03:00
Nicaragua has embarked on a historic program to transform its energy matrix and expand access to electricity among the poor with help from a $30.5 million concessional loan approved on July 7 by the Inter-American Development Bank.