IDB backs large infrastructure and natural resource projects in Latin America and the Caribbean

Friday, March 25, 2011 - 03:00
$5.4 billion in financing mobilized in the past four years for the region The Inter-American Development Bank (IDB) has provided $2.6 billion in loans to finance key private sector infrastructure and natural resource projects in Latin America and the Caribbean over the past four years and it has mobilized another $2.8 billion in financing for the region through its syndication program.

Tequila Trail: visiting the Mexican soul

Monday, June 22, 2009 - 03:00
Mariano Ceja Velasco is a familiar face for tourists visiting Tequila, a town known for its distilleries and agave farms, in the central part of Mexico’s Jalisco state. Velasco transports visitors in a yellow bus shaped as a tequila bottle.

The IDB, a partner of Colombia in development

Tuesday, March 17, 2009 - 03:00
Since the mid-1990s the Inter-American Development Bank (IDB) has been the leading source of multilateral financing for Colombia. Over the last 50 years, the IDB has approved more than US$14.8 billion in loans and non-refundable technical cooperation projects for Colombia. Throughout its history, the IDB has supported the Colombian government and private sector in key development areas such as infrastructure, state modernization and reform, small and medium enterprise, agriculture, energy, climate change and environmental protection.

A new way to pave city streets

Thursday, February 26, 2009 - 03:00
Throughout Latin America low-income neighborhoods have difficulty in paving city streets. Municipalities are typically short of funds, and many informal urban settlements have not yet been properly incorporated into the tax base. An innovative solution has been devised by CEMEX, a multinational cement company based in Mexico, to mobilize both public and private resources to pave streets in low-income neighborhoods.

Microfinance Ranking Championship League 2008

Wednesday, October 8, 2008 - 03:00
By Matthew Gerhrke, Renso Martinez and Maria Cecilia Rondon, Microfinance Information Exchange, INC. (MIX)Microfinance in Latin America and the Caribbean skyrocketed in 2007, fueled by booming demand for financial services from microentrepreneurs in the region’s fastgrowing economies along with new funding in both debt and deposit. The region and its microfinance institutions (MFIs) remained in the forefront of attractive investment opportunities.

Innovations in Tourism

Wednesday, October 8, 2008 - 03:00

For the people, with the people

Monday, December 6, 2004 - 03:00
Some 3 million people in poor neighborhoods in Mexico’s cities lack drinking water, while 6 million more have no sanitation services. The growing demands caused by massive urban migration are challenging poverty reduction programs all over Latin America and the Caribbean. “Cities are the places where poverty is most visible,” said IDB president Enrique V. Iglesias at a recent seminar on the achievements of a young Mexican social program known as Habitat.

Archaeological excavations in Copán confirm Maya legends

Monday, November 8, 2004 - 03:00
Among the Maya ruins of Copán in western Honduras is a carved stone alter depicting the 16 rulers of the Maya kingdom of Copán. Mythical founder Yax Kuk Mo is shown passing a scepter-like symbol of power to the last ruler, Yax Pasah, who commissioned the altar in the 6 th century, some 200 years after the dynasty founder was said to have arrived in Copán from another city in Mesoamerica.

Three for success: tripartite partnerships

Thursday, July 29, 2004 - 03:00
The historic center of Mexico City needs to preserve its great historical and architectural value. The area is threatened by social and economic decline, ranging from abandonment of buildings in the area to high delinquency rates and street commerce. After many attempts to rescue the historic center, a new effort is underway to rescue the culture and colonial architecture, and nurture a fundamental bond among the community, the investors and the government.