IDB launches Superheroes of Development contest to recognize executing agencies

March 04, 2019
In its second edition, the call for proposals will be open from March 4th to May 17th, 2019. The Superheroes of Development Award will recognize executing agencies of IDB-financed projects that have successfully addressed challenges during its implementation. The contest will identify eight finalists from across Latin America and the Caribbean who will travel to IDB’s Headquarters in Washington, D.C. to present their solutions.

More than 3,000 business meetings held at LAC Flavors Argentina 2017

November 07, 2017
Buenos Aires, Argentina- More than 560 food exporting companies from Latin America and the Caribbean (LAC) met with 120 international buyers from five continents at LAC Flavors 2017, where they closed transactions valued at a projected amount of $152 million, according to preliminary data from the Inter-American Development Bank (IDB).

Lowering fiscal and external vulnerability the key to promoting growth in Central America and the Dominican Republic

February 09, 2017
Regional IDB Governors meet in Washington to analyze economic prospects for 2017 The modest recovery in the United States and continuing favorable financial conditions in 2017 will also represent sources of economic stimulus throughout the year for the countries of Central America and the Dominican Republic, which will translate into growth of around 3.9 percent in 2017. Internal financial and monetary reforms should ensure price stability and the health of the banking system.

Honduras to improve sustainable management of forests with loan from IDB

December 15, 2016
Honduras will improve management of its forests with a $25 million loan from the Inter-American Development Bank (IDB). The project is aimed at the recovery of forests affected by weevils, strengthening the system of forest protection and enhancing access to financing linked to fighting global warming. The white pine weevil is a bark-stripping pest that devastates vast areas of forest.

IDB backs plan to boost competitiveness of Uruguay's agriculture and livestock sector and enhance its access to international markets

November 18, 2016
The plan will help strengthen government manage of the sector by improving services and bringing it closer to everyday people The Inter-American Development Bank has approved a $7.6 million loan for a program to help boost the competitiveness of Uruguay's farming and livestock sector and make it more active in international markets by strengthening the institutional management of the Ministry of Livestock, Agriculture and Fisheries.

Ecuador province to boost agricultural productivity with IDB support

June 27, 2013
Investment program in irrigation and rural roads for an impoverished indigenous region  Ecuador will receive a $15 million loan from the Inter-American Development Bank (IDB) for an investment program to increase agricultural productivity and improve market access for rural families in one of its poorest provinces. 

Honduras to expand coverage and quality of health services

June 17, 2013
IDB loan for $50 million will benefit child and maternal health in the country’s poorest municipalities Honduras will utilize a $50 million loan from the Inter-American Development Bank (IDB) to improve access to quality health services, especially in poor rural areas, enabling the government to double the number of beneficiaries by 2015.

Dairy farmers in Uruguay to improve energy efficiency, access clean energy with MIF support

December 21, 2011
$6 million project to benefit as many as 500 small and medium-sized dairy producers The Multilateral Investment Fund (MIF), in partnership with the Cooperativa Nacional de Productores de Leche (CONAPROLE), is launching a $6 million project to help expand access to clean and efficient energy for small and medium-sized dairy farmers in Uruguay.

Uruguay’s Estancias del Lago to get $65 million IDB loan to boost powdered milk exports

December 14, 2011
State-of-the-art dairy operation to boost local employment, promote efficient use of natural resources The Inter-American Development Bank (IDB), approved a loan of up to $65 million for Estancias del Lago S.A., a Uruguayan privately-held agri-business company, to develop a fully-integrated and highly efficient dairy operation to export powered milk.

IDB, Covelo Foundation to foster renewable energy use in Central America

October 27, 2011
As many as 6,000 low-income families in isolated rural areas in Honduras, El Salvador and Belize to get access to solar energy The Inter-American Development Bank (IDB) will provide a loan of up to $3 million for Fundación José María Covelo to establish credit lines that will enable as many as 6,000 Central American families in isolated rural communities with no access to the electricity grid to buy solar power systems.