WeXchange announces six finalists of its 2019 Pitch Competition

October 15, 2019
Finals of the Pitch Competition will take place during the seventh edition of the WeXchange forum, on November 13 and 14, at the Event Center of Paso la Galeria in Asuncion, Paraguay WeXchange,the platform that connects high-growth entrepreneurs from Latin America and the Caribbean with mentors and investors, announced its six finalists of the Pitch Competition selected from more than 570 applicants from Latin America and the Caribbean.

IDB launches inaugural GBP Sustainable Development Bond (“SDB”)

October 10, 2019
Proceeds from GBP275 million transaction will finance IDB projects aligned with the Sustainable Development Goals Washington, D.C. – The Inter-American Development Bank (IDB or IADB), rated Aaa/AAA (Moody’s/S&P), priced a new GBP275 million 7-year fixed rate l Sustainable Development Bond (“SDB”). 

Reducing trade costs could boost exports to Korea

October 10, 2019
Exports from Latin America and the Caribbean to Korea could grow by about US$10 billion, or 43%, if a set of reforms to reduce trade costs are implemented and bilateral cooperation reach new levels, according to a study by the Inter-American Development Bank. The report, Stepping Up Cooperation, Policy Options for Latin America and Korea, was presented during the 5th Korea-LAC Business Summit, held in Seoul, Korea, on October 7th and 8th.

From plastic waste to art: New Exhibit urges to address environmental problems

October 02, 2019
The new exhibition titled “Single-Use Planet” features eco-activist artists from across Latin America and the Caribbean at the IDB. Free registration here.

Costa Rica will invest in citizen security and violence prevention with IDB support

September 30, 2019
The new program will focus on municipalities with high levels of crime, modernize the technology and infrastructure of the Public Force, and strengthen the Civic Centers for Peace Costa Rica will implement a citizen security and violence prevention program with a $100 million loan approved by the Inter-American Development Bank (IDB).

IDB launches inaugural Sustainable Development Bond (“SDB”)

September 30, 2019
Proceeds from CAD600 million transaction will finance IDB projects aligned with the Sustainable Development Goals. Washington, D.C. – The Inter-American Development Bank (IDB or IADB), rated Aaa/AAA (Moody’s/S&P), priced a new CAD600 million 5-year fixed rate l Sustainable Development Bond (“SDB”).

IDB Group launches Open Innovation Challenge to reduce plastic use

September 26, 2019
Washington, D.C. — The Inter-American Development Bank Group together with MIT Solve launch an Open Innovation Challenge that seeks to find the most innovative solutions that substantially reduce or eliminate single-use plastic and plastic waste in Latin America and the Caribbean. The Rethink Plastics Challenge offers the selected solutions prizes totaling 60,000 USD.

Costa Rica to improve roads and ease traffic flow with IDB support

September 26, 2019
A line of credit of $350 million will finance investments in the Greater Metropolitan Area of Costa Rica so as to improve urban transport  The Inter-American Development Bank (IDB) will offer Costa Rica a long-term line of financing for investment in sustainable projects to improve and expand parts of its Strategic Road Network, specifically to enhance development and the flow of traffic in the Greater Metropolitan Area (GAM). 

Brazil, Colombia, and Mexico win the Gobernarte 2019 Award with innovative ideas

September 23, 2019
The sixth edition of the “Gobernarte 2019 - Eduardo Campos Prize” contest of the Inter-American Development Bank (IDB) identified four innovative ideas for data use and citizen services presented by subnational governments of Brazil, Colombia, and Mexico as winners of this edition of the contest.

Jamaica to promote innovation, growth and entrepreneurship ecosystems with IDB support

September 17, 2019
Jamaica will bolster the private sector by fostering productivity and innovation with a $50 million conditional credit line with the Inter-American Development Bank (IDB). The first individual operation for $25 million will promote sustainable and robust growth among startups and Micro, Small and Medium Enterprises (MSMEs) in Jamaica.