Business leaders and the IDB issue call to reduce food waste in Latin America and the Caribbean

Thursday, April 12, 2018 - 18:32
Nearly 348,000 tons of edible products are lost and spoiled every day in the region LIMA, Peru - Business leaders have joined forces with the Inter-American Development Bank (IDB) to issue a call to reduce food losses and waste in Latin America and the Caribbean, a region where 348,000 tons of food (223 kilos per person per year) are spoiled or squandered every day while nearly 42 million people go hungry.

The IDB and eight multinational enterprises jointly commit to empower 100,000 women entrepreneurs in the Americas

Thursday, April 12, 2018 - 13:59
The initiative seeks to coach, connect, and certify women entrepreneurs from across the hemisphere. Lima, Peru – On the occasion of the 3rd CEO Summit of the Americas, Luis Alberto Moreno, President of the Inter-American Development Bank (IDB), and senior executives from Google, IBM, Microsoft, Facebook, Coca-Cola, PepsiCo, MasterCard and Danper have announced their commitment to the IDB’s #100kChallenge initiative, seeking to coach, connect and certify more than 100,000 women entrepreneurs in the Americas by 2021.

Business leaders urge public-private measures to spur economic growth and strengthen transparency

Thursday, April 12, 2018 - 12:46
More than 1200 business leaders and 12 heads of State attend CEO Summit of the Americas ahead of major hemispheric meeting LIMA, Peru - Business leaders gathered at the III CEO Summit of the Americas urged bold actions by governments to promote greater transparency and increase economic growth. They also committed to a series of measures to ensure the private sector plays its part in curtailing corruption, according to a new report issued today.

Media Advisory - Regional Development Banks to present new study The Future of Work: Regional Perspectives

Thursday, April 12, 2018 - 11:26
Launch: Apr. 19 in Washington, D.C. Recent technological innovations in robotics, automation, digital platforms and artificial intelligence are dramatically changing the workforce and labor dynamics around the world. What can governments and other players, including the multilateral development banks, do to face the challenges and leverage the opportunities presented by these trends?

Twelve heads of state and 700 private sector leaders to attend III CEO Summit of the Americas

Friday, April 6, 2018 - 14:01
Meeting will take place April 12 and 13 in Lima, on the side of the VIII Summit of the Americas. The event can be viewed on livestream, in English and in Spanish.

IDB Invest finances Innacensa to strengthen Ecuador’s productive matrix

Friday, April 6, 2018 - 08:57
IDB Invest, the IDB Group’s private sector institution, signed a $22.4 million loan with Ecuador’s Industria Nacional de Ensamblajes S.A. (“Innacensa”). The operation will fund the installation and operation of a television set assembly plant.

Seven Latin American countries will receive support from IDB Invest and LAAD to strengthen agriculture

Wednesday, March 28, 2018 - 08:56
IDB Invest, the private sector institution of the IDB Group, signed a $45 million A-loan with the Latin American Agribusiness Development Corporation (LAAD), a financial intermediary that finances small and medium-sized agribusiness projects in Latin America and the Caribbean. The IDB Invest loan, which expands LAAD's funding sources and has a tenor of up to seven years, will go to seven countries in the region: Peru, Chile, Colombia, Costa Rica, Guatemala, the Dominican Republic and Nicaragua.

IDB launches call for proposals for Improving Lives Grant in the Washington, D.C. metropolitan area

Tuesday, March 27, 2018 - 12:52
The Improving Lives Grant competition offers 10 grants of up to $25,000 to nonprofit organizations The Inter-American Development Bank (IDB) launched a call for proposals in an effort to identify 10 creative initiatives that address the challenges facing Latin American and Caribbean communities located in the Washington, D.C. metropolitan area.

Latin America and the Caribbean: Tax revenues expected to recover after dip in 2016

Tuesday, March 27, 2018 - 10:23
Tax revenues in Latin America and the Caribbean (LAC) dipped in 2016, falling further behind average OECD country levels, but a recovery is likely in subsequent years, according to Revenue Statistics in Latin America and the Caribbean 2018. The average tax-to-GDP ratio stood at 22.7% in 2016, a fall of 0.3 percentage points since 2015, the report says.

Finabank in Suriname joins IDB Invest's Trade Finance Facilitation Program

Tuesday, March 27, 2018 - 08:57
Finabank N.V., the fourth largest commercial bank in Suriname, signed an agreement with IDB Invest to join their Trade Finance Facility Program (TFFP). Finabank is currently the only bank in Suriname with an active credit line within the TFFP. The agreement with IDB Invest gives access to trade finance loans and credit guarantees that will enable Finabank to continue growing in Suriname, and to enter new trade finance markets within the Caribbean and the rest of the world.