Latin American and Caribbean exports increase for the first time in four years

Monday, May 22, 2017 - 03:00
A new report by the IDB estimates a year-on-year growth rate of 17 percent in the first quarter of 2017 After four consecutive years of contraction, Latin American and Caribbean exports returned to a path of growth. In the first quarter of 2017, the value of goods exports increased 17 percent year-on-year, having contracted 2.9 percent in 2016. The recovery was driven primarily by a rebound in commodity prices, according to an analysis conducted by the Inter-American Development Bank (IDB) using detailed data for 25 countries in the region.

More than 800 business and government leaders discuss ambitious integration agenda to compete in global trade

Friday, March 31, 2017 - 03:00
IDB President and Paraguay’s Minister of Industry and Trade inaugurate the Business Forum at the Bank’s Annual Meeting ASUNCION, Paraguay – The Business Forum “Latin America: An Agenda for Growth and Development” opened today, with more than 800 business leaders and high-level government officials from 33 countries. The participants gathered to discuss Forum an ambitious integration agenda to help the region participate in international value chains and compete in global trade.

IDB launches 2017 Call for Proposals to promote Regional Public Goods in Latin America and the Caribbean

Friday, February 24, 2017 - 03:00
The deadline for accepting proposals is April 26th, 2017 The Inter-American Development Bank (IDB) launched the 2017 Call for Proposals of the Initiative for the Promotion of Regional Public Goods in Latin America and the Caribbean (LAC), which supports projects aimed at resolving shared challenges and seizing opportunities for development through regional cooperation among at least three countries. Since 2004, the RPG Initiative has financed 140 projects, investing a total of more than US$103 million.

Committees of the Boards of Governors of IDB and IIC back advancing towards MIF replenishment

Thursday, October 6, 2016 - 17:34
The Boards of Governors of the Inter-American Development Bank (IDB) and the Inter-American Investment Corporation (IIC) met in Washington DC today to discuss a report on the strategic vision and future financing of the Multilateral Investment Fund (MIF). The IDB and IIC Governors requested the preparation of this report during their Annual Meeting held in March in The Bahamas. The Multilateral Investment Fund is an innovation lab for the IDB Group to promote development through the private sector in Latin America and the Caribbean.

Regional export decline eases: shipments fall 9% in the first quarter

Tuesday, May 31, 2016 - 03:00
The moderation of the contraction is observed in most countries of the region according to a new IDB report Exports from Latin America fell 9 percent between January and March 2016 compared to the same period the previous year. This figure indicates a deceleration with respect to the 2015 decline of 15 percent, according to a new report by the Inter-American Development Bank (IDB).

IDB, CDB, CARICOM and the US Department of Energy sign MOU to support renewable energy and energy efficiency in the Caribbean

Thursday, May 5, 2016 - 03:00
Partnership will aid cleaner, cheaper, and more secure sources of energy for the Caribbean Region President Luis Alberto Moreno of the Inter-American Development Bank (IDB), President Warren Smith of the Caribbean Development Bank (CDB), Secretary Ernest Moniz of the United States Department of Energy (DOE), and Secretary General Irwin LaRocque of the Caribbean Community (CARICOM) signed a memorandum of understanding (MOU) that creates a framework for cooperation to promote programs and activities that foster the transformation of the energy sector in th

Historical syndication of the IIC to support foreign trade in the Dominican Republic

Tuesday, April 5, 2016 - 03:00
The Inter-American Investment Corporation (IIC), has financed a $130 million loan with the National Reserve Bank of the Dominican Republic (BanReservas) to support the activities of importing and exporting companies that are clients of the Dominican financial institution. The operation is the largest syndication in terms of number of participants in the history of the IIC.

IDB and Maersk Group join forces to expand the ConnectAmericas support to SMEs

Monday, March 14, 2016 - 03:00
SeaLand, Maersk Group regional shipping company, and ConnectAmericas signed a collaboration agreement for two years The Inter-American Development Bank (IDB) and SeaLand, Maersk Group regional shipping company, signed a partnership agreement that will deliver significant benefits to small and medium sized enterprises affiliated to ConnectAmericas, the first business social network of the Americas that provides business opportunities, training and financing.

IDB to support BOP families in the Dominican Republic with access to credit for home improvements

Thursday, February 5, 2015 - 03:00
Loan of up to $5 million has mobilized an additional $5 million through a B-loan syndication The Inter-American Development Bank (IDB) has approved a loan of up to $5 million to Banco Multiple Ademi, a leading financial institution in the Dominican Republic with 60 percent of the microfinance market share, for on-lending to an estimated 5,000 Base of the Pyramid (BOP) families in need of home improvement financing.

IDB Announces Winners of Inaugural Infrastructure 360º Awards

Friday, March 28, 2014 - 03:00
Follow us on Twitter using @the_IDB Winning projects in the Dominican Republic, Mexico and Peru exemplify leadership in climate and environment, social impact, governance and innovation