Closing Digital Access Gap Would Provide Big Boost to Caribbean Economies: IDB report

January 10, 2022
Closing the digital access gap between the Caribbean and the more advanced economies could increase the region’s GDP by about 6 to 12 percent over the medium term and provide a strong boost to a post-COVID-19 recovery, according to a new report by the Inter-American Development Bank.
2022-01-10

IDB and Telefónica Launch Initiative to Connect Entrepreneurs and Corporations

November 07, 2021
Institutional partnership between the two organizations will promote inclusive digital transformation in different areas CIV-LAC is a platform that will help scale up nearly 600 startups through open innovation processes with large and medium-sized companies from Spain and Latin America  MADRID – Inter-American Development Bank (IDB) President Mauricio Claver-Carone and Telefónica Chief Executive Officer José María Álvarez-Pallete met today to strengthen the institutional alliance maintained by both organizations and to continue promoting inclusive dig
2021-11-08

Argentina to Increase Internet Access and Digitization of Remote Areas with IDB Support

October 14, 2021
The Inter-American Development Bank (IDB) has approved a $100 million loan for a program to promote Internet access and digitization in Argentina. The operation seeks to improve digital connectivity infrastructure in remote areas, increase the capacity of the National Data Center, and improve the digital capabilities of citizens in connected areas.
2021-10-14

IDB and International Organizations Promote Cooperation in Artificial Intelligence

September 16, 2021
The IDB, along with seven international organizations joined forces to launch a new portal promoting global cooperation on artificial intelligence (AI). The portal is a one-stop shop for data, research findings and good practices in AI policy. The objective of the portal is to help policymakers and the wider public navigate the international AI governance landscape. It provides access to the necessary tools and information, such as projects, research, and reports to promote trustworthy and responsible AI that is aligned with human rights at the global, national, and local level.
2021-09-15

Dominican Republic to improve digital connectivity with $115 million IDB loan

July 13, 2021
The project will boost the level of digitalization of the population in order to step up access, adoption and continuity of digital services with a gender perspective The Dominican Republic will improve connectivity to boost access to digital services as well as people’s adoption and continuity of such services with help from a $115 million loan approved by the Inter-American Development Bank (IDB).
2021-07-13

Closing digital gap could create up to 15 million jobs in Latin America and the Caribbean

June 23, 2021
New IDB report evaluates broadband development in 26 countries in the region Latin America and the Caribbean could dramatically increase employment and kickstart sustainable economic growth if it closed its digital connectivity gap with members of the Organization for Economic Cooperation and Development, according to a new study by the Inter-American Development Bank (IDB). Closing the gap with OECD countries would create over 15 million direct jobs, boost regional economic growth (GDP) by 7.7%, and increase productivity by 6.3%, according to the study.
2021-06-23

IDB Hosts First Miami-Latin America and Caribbean Digital Entrepreneurship Forum

June 21, 2021
Members of the media are invited to a Roundtable conversation with IDB President Mauricio Claver-Carone on June 22 at 11:30am ET The Inter-American Development Bank will host Miami-LAC 2021, the first business forum to strengthen connections between Miami, the private sector, and the countries of Latin America and the Caribbean (LAC), on June 22-24, 2021. The forum will promote digital trade and investment opportunities between South Florida and the IDB’s 26 borrowing member countries.
2021-06-21

IDB and IDB Invest Gain Board Support on Vision 2025 and Path Toward Capitalization

March 21, 2021
IDB President Mauricio Claver-Carone details “Vision 2025,” as Bank’s agenda focuses on recovery and sustainable growth for region at first Annual Meeting in two years.  Board of Governors approves resolution on recapitalization discussions, supports “Vision 2025.” BARRANQUILLA, Colombia – The Inter-American Development Bank's Board of Governors approved a resolution authorizing the analytic work required to consider a potential capital increase, and overwhelmingly supported the IDB’s “
2021-03-21

Guatemala will implement digital transformation and broadband access with IDB support

March 10, 2021
Guatemala will advance towards digital transformation and citizens’ access to fixed and mobile broadband connectivity with help from the Inter-American Development Bank (IDB).
2021-03-10

IDB announces Build Forward initiative to advance technology and resilience in Caribbean

February 25, 2021
Effort includes multi-donor facility expected to mobilize $1.5 billion The Caribbean Governors of the Inter-American Development Bank backed Build Forward, a $3.5 billion multi-year program to help Caribbean countries sustainably recover while making technological leaps that will bring about a transformational future.
2021-02-25