IDB announces winner of the 2019 Superheroes of Development Award

September 16, 2019
The winning IDB-financed project developed a new solution to monitor public infrastructure works and to empower citizens to evaluate the use of public resources in Honduras. WASHINGTON D.C., September 12, 2019. The Inter-American Development Bank (IDB) announced the winner of the Superheroes of Development contest, an award given to executing agencies that have successfully implemented innovative solutions in projects financed by the IDB.

IDB launches 2019 Call for Proposals to finance regional projects in Latin America

January 16, 2019
THE DEADLINE FOR ACCEPTING PROPOSALS FOR REGIONAL PUBLIC GOODS IS MARCH 1ST, 2019 The Inter-American Development Bank (IDB) launched the 2019 Call for Proposals for the Regional Public Goods (RPG) Initiative in Latin America and the Caribbean (LAC), which supports projects involving three or more countries.

Global Alliance to Promote the Use of Blockchain in Latin America and the Caribbean

October 30, 2018
Representatives of the IDB Lab, the innovation laboratory of the Inter-American Development Bank (IDB) Group, together with representatives of the world's leading technology and consulting companies, announced today the launch of LAC-Chain, a new alliance to promote the use of blockchain in Latin America and the Caribbean. The presentation of this new alliance took place at the FOROMIC 2018 conference, which is being held this year in Barranquilla, Colombia.

Honduras to boost competitiveness of logistics and transport sector with support from IDB

October 17, 2018
LOAN OF $90 MILLION AIMS FOR IMPROVEMENTS IN LOGISTICAL PERFORMANCE THROUGH AN AMBITIOUS REFORM PROGRAM The Inter-American Development Bank (IDB) has approved a $90 million loan for Honduras to implement an ambitious program of reforms in the transport and freight logistics sector, with the goal strengthening the country’s competitiveness and regional integration through improved logistics.

Government spending waste costs Latin America and Caribbean 4.4% of GDP: IDB study

September 24, 2018
Inefficiencies and fraud in procurement, civil service and targeted transfers could be as large as $220 billion a year Report includes policy recommendations to improve spending in healthcare, education, infrastructure and public safety

Caribbean leaders launch plan to make region a “climate-smart zone,” with IDB support

December 11, 2017
Paris — The Inter-American Development Bank Group (IDB Group) announced its support for the newly formed Caribbean Climate-Smart Coalition, a public-private initiative aimed at funding an $8 billion investment plan to transform the region into the world’s first “climate-smart” zone and benefit an estimated 3.2 million households in the region.

Nicaragua continues strengthening electricity sector with new financing from the IDB

September 29, 2017
The IDB has approved a $65 million loan to help Nicaragua strengthen a framework that guarantees financial and operational sustainability of its electricity sector. The program will support macroeconomic stability, ensure the sector’s financial soundness, improve transparency of its management results, and promote a sustainable energy matrix.

IDB promotes Mesoamerica’s transportation, logistics and integration agenda

August 09, 2017
IDB to finance specialized studies as well as investment and action plans for regional initiatives, with particular emphasis on the Pacific Corridor

The IIC and Santa Fe join forces to improve road infrastructure in Nicaragua

June 15, 2017
The Inter-American Investment Corporation (IIC) has signed a $5 million loan facility with Constructora Santa Fe Ltda to finance the working capital required by the company to participate in tenders for highway projects, initial stages of operations and other pre-operating expenses in Nicaragua and Costa Rica.

IDB Group pledges $750 million for key infrastructure projects in the Northern Triangle

June 14, 2017
Combined resources from the IDB Group, private investors and the governments of El Salvador, Guatemala and Honduras would finance projects in energy, transportation, water, tourism The Inter-American Development Bank and the governments of El Salvador, Guatemala and Honduras today announced an initiative to unleash an unprecedented series of infrastructure investments as a complement to funding already being provided under the Plan of the Alliance for the Prosperity of the Northern Triangle.