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.

Artificial intelligence to boost Latin American and Caribbean economies: IDB study

August 29, 2018
Study also urges governments to anticipate consequences of artificial intelligence in labor markets BUENOS AIRES – Artificial intelligence can facilitate trade negotiations and add one additional percentage point of growth to Latin American and the Caribbean economies, according to a study by the Inter-American Development Bank (IDB).

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.

The trade slowdown in Latin America and the Caribbean is more intense than in the rest of the world

November 17, 2016
South American and Caribbean countries were the most affected. Following two years in a downward trajectory, the value of Latin American exports fell 14.8 percent in 2015, and 8.5 percent in the first seven months of 2016, according to the Trade and Integration Monitor 2016 of the Inter-American Development Bank.

Nestlé joins project to boost Haitian coffee farmers’ incomes

July 12, 2012
World’s biggest coffee buyer teams up with IDB’s MIF, France’s AFD, Colombia’s National Coffee Federation and Haiti’s National Coffee Institute (INCAH) Nestlé, the world’s leading nutrition, health and wellness company, will join a project to improve the incomes and economic opportunities for 10,000 small-scale coffee producers in Haiti, the Inter-American Development Bank (IDB) announced today.

IDB approves $15 million grant to support agriculture policy reform in Haiti

June 01, 2012
Support for government efforts to clear obstacles to higher farming productivity A $15 million grant from the Inter-American Development Bank will assist Haiti in its efforts to modernize its agricultural policies and institutions to increase farm productivity and competitiveness. The IDB resources will be complemented with a $7 million grant from the Haiti Reconstruction Fund.

IDB grants $27 million for Haiti rural land tenure program

April 25, 2012
Investments to benefit some 40,000 farmers, improve efficiency and cut costs of land administration services The Inter-American Development Bank (IDB) today announced the approval of a $27 million grant for a pilot program to improve land tenure security in rural areas in northern and southern Haiti.

France’s AFD, IDB’s FOMIN fund project to boost Haitian coffee production

January 10, 2012
With additional contributions from Colombia and Nestlé The Inter-American Development Bank’s Multilateral Investment Fund (FOMIN) and France’s Agence Française de Développement (AFD) will provide approximately $3 million in grants for a project to increase the output and upgrade the quality of Haitian coffee, improving the incomes of at least 10,000 smallholder farmers.

IDB’s Moreno signs projects to increase microfinance services in rural areas in Central America

October 10, 2011
Six MIF projects signed during Foromic will enhance access to micro credit, promote enterprise development and foster innovation in financial services SAN JOSÉ, Costa Rica – The Multilateral Investment Fund (MIF), a member of the IDB Group, signed contracts to invest nearly $7 million in three projects to increase and improve the offering of microfinance services to microentrepreneurs and small farmers in rural areas in Honduras, Guatemala, Costa Rica, and Nicaragua.