IDB approves Uruguay's first cybersecurity credit in its history

Thursday, August 22, 2019 - 11:15
Loan will support the strengthening of the country's capacity to prevent, detect and respond to cyber attacks The Inter-American Development Bank (IDB) approved an $8 million loan that will support the strengthening of Uruguay's capacity to protect its digital space by improving its systems to prevent, detect and respond to cyber attacks.

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

Monday, August 5, 2019 - 18:00
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 Annual Meeting Concludes with Institutional Strategy Update

Wednesday, July 17, 2019 - 17:54
• IDB estimates annual gap in development financing for Latin America and the Caribbean is US$650 billion. • Region’s private sector, crisis in Venezuela and macroeconomic challenges among topics of discussion. GUAYAQUIL, Ecuador – The 60th Annual Meeting of the Inter-American Development Bank (IDB) and IDB Invest concluded today in Guayaquil, Ecuador, with the approval of an updated institutional strategy for 2020-2023 that is intended to increase resource mobilization.

IDB launches dual tranche $1 billion 2-Yr and $1.5 billion 7-Year fixed rate global bonds

Wednesday, July 17, 2019 - 17:38
The Inter-American Development Bank (“IADB” or “IDB”), rated Aaa/AAA (Moody’s/S&P), today priced a new dual tranche $1 billion 1.875% 2-year and $1.5 billion 2.000% 7-year fixed rate global bond. The 2-year note pays a semi-annual coupon of 1.875%, matures on 23 July 2021 and priced with a spread of 3bps over mid-swaps and 5.75bps over the UST 1.625% due June 2021, which represents a yield of 1.924% s.a.

IDB announces the finalists for the Superheroes of Development Award

Thursday, July 11, 2019 - 18:59
The Inter-American Development Bank (IDB) today announced the eight finalists for the second edition of its Superheroes of Development Award, which recognizes the innovative solutions devised and valuable lessons learned by executing agencies while implementing development projects in Latin America and the Caribbean.

IDB Issues New Education, Youth, and Employment (EYE) Uridashi Bonds for Naito Securities

Monday, July 8, 2019 - 16:33
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA, has priced two Uridashi zero coupon notes for Naito Securities under its Education, Youth and Employment (EYE) Bond Program.

The IDB Launches its Environmental and Social Policy Modernization Process

Tuesday, July 2, 2019 - 15:08
The Board of Executive Directors of the Inter-American Development Bank (IDB) today launched the process to modernize its environmental and social policies. Through this modernization process, the IDB will enhance environmental and social sustainability outcomes in its operations. As a result of this process, the IDB intends to develop an integrated Environmental and Social Policy Framework aligned with international standards and best practices.

IDB launches the 6th edition of Gobernarte to reward ideas in using data and services

Monday, July 1, 2019 - 07:21
Subnational governments in Latin America and the Caribbean will be able to apply and send their proposals before August 21st The Inter-American Development Bank (IDB) launches the 6th edition of the Award "Gobernarte: The Art of Good Government – Eduardo Campos Award,"  which this will award the best initiatives in subnational governments in Latin America and the Caribbean.

WeXchange 2019 Pitch Competition is now open for women entrepreneurs

Tuesday, June 25, 2019 - 15:48
The Pitch Competition, open to high-growth women entrepreneurs in Latin America and the Caribbean, is organized by IDB Lab and Angel Ventures. The deadline for application is July 31.

First quarter exports from Latin American and Caribbean fall: IDB report

Tuesday, June 18, 2019 - 17:31
The value of exports from Latin American and the Caribbean fell by 1.6 percent in the first quarter of 2019 compared to the same period in 2018. The decrease was caused by lower export volumes and falling commodity prices.