IDB, Germany and Switzerland partner to transform vocational training in LAC

October 18, 2019
Multi-donor fund of US$13 million will accelerate the transformation of technical and vocational education and training in Latin America and the Caribbean. The Inter-American Development Bank (IDB), the Federal Ministry for Economic Cooperation and Development of Germany (BMZ) and the Government of Switzerland, represented by the Swiss Agency for Development and Cooperation (SDC), have launched the TVET Fund, a new multi-donor fund that aims to transform

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.

Coding bootcamps as a response to the shortage of digital talent in Latin America

August 05, 2019
A new publication of the Inter-American Development Bank (IDB) entitled “Disrupting Talent: The Emergence of Coding Bootcamps and the Future of Digital Skills”, explores the potential of bootcamps as a fast and effective alternative to solve the shortage of digital talent in Latin America and the Caribbean.

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.

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

IDB Invest finances Terminal Zarate port expansion in Argentina

January 17, 2018
IDB Invest, a member of the Inter-American Development Bank (IDB) Group, will finance the expansion of the Terminal Zarate port, the most important in Argentina's automotive transportation sector and located in a strategic area to move goods and containers from the center and north of the country along its waterways. IDB Invest will provide an A loan of $15 million and the financial institution CIFI will provide a B loan of $15 million.

IDB backs Argentine plan to boost capacity and safety on Cristo Redentor System Corridor on border with Chile

December 01, 2017
The plan will provide direct benefits to 2.3 million people who use the transport system each year and indirect ones to 920,896 residents of cities in the Argentine province of Mendoza The Inter-American Development Bank (IDB) has approved a Conditional Credit Line for Investment Projects of up to $524.3 million for Argentina, which will finance a program designed to boost capacity and improve safety on the Cristo Redentor System Corridor on the border with Chile.

The IDB approves two loans to Argentina for a total of $220 million

November 29, 2017
The IDB will finance an infrastructure and road safety program in the Province of Buenos Aires and the implementation of Argentina’s National Financial Inclusion Strategy Road network capacity and safety in Argentina’s Buenos Aires Province

Argentina’s Buenos Aires Province to boost road network capacity, safety with IDB support

November 29, 2017
Program will also strengthen local government ability to conduct efficient road infrastructure planning and management  Argentina will improve the Buenos Aires Province road infrastructure with a traffic safety and capacity enhancement program supported by a $200 million loan from the Inter-American Development Bank (IDB).

Brazil’s Santa Catarina State will improve productivity and reliability of electricity supply with IDB support

November 23, 2017
The Inter-American Development Bank (IDB) has approved a multiple-works investment loan in the amount of US$276.05 million to Centrais Elétricas de Santa Catarina–Distribuição S.A. (CELESC-D), the electric power distribution utility serving Brazil’s state of Santa Catarina. The program’s overall objective is to help boost productivity throughout the state of Santa Catarina by providing a higher quality and more reliable supply of electric power.