November 26, 2021 The approval is the second in a series of two operations under the Programmatic Policy Reform Support Loan. This series seeks to reduce gender inequality in Panama, implement policies…
Category: CENTRAL AMERICA BUSINESS AND FINANCE
IDB Invest Reignites Growth in Central America, Dominican Republic, Colombia Through New Fund
November 26, 2021 IDB Invest has invested $10 million in CASEIF IV L.P. (CASEIF IV), a new mezzanine debt and private equity fund managed by LAFISE Investment Management Ltd. (LIM)…
A Belizian IT company is “mad busy” during COVID-19
By: Staff Writer November 19, 2021 A Belizian based IT professional has turned the COVID-19 downturn into an upturn for himself as things were “mad busy” for him over the…
Electricity Demand in Central America on the Rise; Hydrology Supports Generation
November 5, 2021 Electricity consumption in Central America experienced a significant increase in the first half of 2021 (1H21), while economic activity continues to recover, according to the special report…
El Salvador Increase Resilience to Natural Disasters and Health Emergencies with the IDB
October 15, 2021 The Inter-American Development Bank (IDB) has approved a $400 million contingent loan for a program to help offset the possible impact of natural disasters and health emergencies…
IDB Invest Signed Financing Deal for Colombia’s Puerto Antioquia
October 12, 2021 With the recent closing of financing for the construction of a port project in Urabá, IDB Invest contributes to strengthening the infrastructure and foreign trade of Colombia.…
First Ever Nespresso Coffee Sourced from Honduras
October 12, 2021 Nestle Nespresso SA CEO Guillaume Le Cunff Announces First Ever Nespresso Coffee Sourced from Honduras with Partnership for Central America Executive Director Jonathan Fantini Porter in Support…
Two Central American countries top IDB “Superheroes” list
October 1, 2021 The IDB Group announced the four winners of the Superheroes of Development 2021 Initiative’s fourth edition, which recognizes creative and innovative solutions during the execution of IDB…
AES Announces Acquisition of 49.9% Stake in AES Colón
September 17, 2021 The AES Corporation (NYSE: AES) today announced the acquisition of a 49.9% stake in AES Colón from Inversiones Bahia, Ltd., increasing its ownership to 100% of AES Colón. AES…
Honduras IMF Staff Report
September 17, 2021 In the context of the Fourth Reviews Under the Stand-by Arrangement and the Arrangement Under the Standby Credit Facility, Requests for Augmentation of Access, Extension and Rephasing…
KaJ Labs, a Seattle Startup, Pledges to Gift 6,000 Bitcoin ($270M) to El Salvador & Other Nations Adopting Bitcoin as Legal Tender, LITHO Utility Token Launch
September 17, 2021 El Salvador is the first country in the world to adopt bitcoin as legal tender. Now Joel Kasr, founder of KaJ Labs and Lithosphere, has pledged to gift 6,000…
OKY Announces Strategic Alliance With Suzuki Guatemala
September 17, 2021 Suzuki joins more than 100 brands already providing products and services to OKY users in the United States and throughout Latin America OKY, a cross-border e-commerce fintech…