FOROMIC launches in the Dominican Republic, seeks to reinvent inclusion

October 31, 2019
The event was attended by IDB President Luis Alberto Moreno. Dominican Republic – FOROMIC, the main event on innovation for the inclusion of Latin America and the Caribbean, has just started in Punta Cana, Dominican Republic, with the slogan “Reinventing Inclusion”. The event was inaugurated by the Minister of Finance, Donald Guerrero and the President of the IDB, Luis Alberto Moreno.

IDB Lab, CIAT and SoftBank partner to promote smart rice farming in Colombia

October 28, 2019
The Inter-American Development Bank, through its innovation lab – IDB Lab, approved US$2 million funding for a project that will improve the productivity and sustainability of rice farming in Colombia The project, led by the International Center for Tropical Agriculture (CIAT), will implement a new technological solution called “e-kakashi,” a service that combines internet of things (IoT), big data, artificial intelligence (AI) and cyber physical systems (CPS) to transform agriculture into a real-time, data-driven science.

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.

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.

Internet of things to improve productivity and sustainability of trout aquaculture in Peru

December 14, 2018
A US$2 MILLION PROJECT WILL IMPROVE AQUACULTURE PRODUCERS' PRODUCTIVITY AND INCOME IN LAKE TITICACA IN PERU WHILE IMPROVING ITS SUSTAINABILITY IDB Lab, the Inter-American Development Bank (IDB) Group’s innovation laboratory, approved over US$2 million funding to support a project that will allow local small and medium-scale aquaculture producers in Lake Titicaca (Peru) to incorporate the benefits of Internet of Things (IoT) in trout farming.

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

Colombia to promote environmental and socio-economic sustainability with IDB assistance

December 04, 2017
A $100 million loan will help improve management of natural capital and production opportunities in 170 municipalities Colombia will promote environmental and socio-economic sustainability in 170 municipalities affected by the country’s recently-ended conflict with help from a $100 million loan approved 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).

Peru to expand access to financing for small producers at the base of the pyramid

January 22, 2016
IDB loan to Cooperativa Abaco will focus on the country’s agricultural sector The Inter-American Development Bank (IDB) has approved a loan of $5 million to Cooperativa Abaco, whose program Abaco Rural-Cadenas offers financing based on the productive cycles of small rural producers who are organized in associations based on their value chains.

Peru to improve rural land registration and titling with an IDB loan

December 04, 2014
A $40 million loan will encourage land-related investment and increase agriculture productivity in Andean Peru will improve its rural land registration and titling to encourage land-related investment and agriculture productivity with financing from a $40 million loan from the Inter-American Development Bank (IDB).