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).

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.

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.

Chile will boost and diversify fruit exports with IDB support

August 03, 2011
Project to generate over 10,000 jobs and promote sustainable farming practices The Inter-American Development Bank today announced the approval of a $32 million loan to Chile’s Grupo Subsole, one of the largest locally owned fresh fruit companies and the country’s third largest table grape exporter.

IDB releases its 2010 Development Effectiveness Report

March 23, 2011
Report evaluates Bank’s efforts in measuring its development impact in Latin America and the Caribbean The Inter-American Development Bank (IDB) has made strides to boost transparency, accountability and enhance the development impact of its investments in Latin America and the Caribbean, according to the new edition of the IDB’s 2010 Development Effectiveness Overview.

Agricultural revenues, employment in Latin American tropical areas likely to decline with deforestation ban

January 28, 2011
Farmers in Latin America and Caribbean will see billions in lost revenue over the next two decades if a complete ban on deforestation is put in place, highlighting the need for compensatory actions to alleviate poverty in affected rural areas, according to new pilot study by the Inter-American Development Bank (IDB). The study also found that a deforestation ban would have a negligible impact on food prices.

MIF supports Chilean venture capital fund focused on agribusinesses

December 01, 2009
The Inter-American Development Bank’s Multilateral Investment Fund (MIF) will make an equity investment of up to $3.5 million in AgroDesarrollo, a fund that will back agribusiness entrepreneurs in rural Chile. AgroDesarrollo has obtained a credit line of up to $21 million from CORFO, the Chilean development agency. The CORFO credit line will leverage AgroDesarrollo’s equity commitments, allowing the fund to grow to $28 million if it raises $7 million in equity.  Other investors include Chilean companies and individuals.

Uruguay to boost agricultural health and food safety services with IDB loan

September 09, 2009
Uruguay will strengthen the management of the Ministry of Livestock, Agriculture and Fisheries, with emphasis on agricultural health and food safety services with a $10.5 million loan from the Inter-American Development Bank.