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El Salvador Becomes First Country to Adopt Bitcoin as Legal Tender After Passing Law
Lawmakers in the Central American country’s Congress voted by a “supermajority” in favor of the Bitcoin Law, receiving 62 out of 84 of the legislature’s vote.
- Categories
- Finance, Technology
- Region
- Latin America
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Uruguayan Unicorn’s $10 Billion Nasdaq Float Shows Rising Power of Latin American Tech
South America is slowly emerging as a hotbed for fintech innovation. The world’s arguably biggest challenger bank NuBank hails from Brazil and is rumoured to be gearing up for a public listing in the US.
- Categories
- Finance, Technology
- Region
- Latin America
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Press Release: Architect Capital Launches with $100 Million to Provide Asset-Based Financing to Technology Companies in the U.S. And Latin America
Architect Capital, an asset-based lender to early-stage technology businesses, announced that it has launched with over $100 million to provide non-dilutive or less-dilutive financing solutions to high-growth and technology-enabled businesses.
- Categories
- Finance, Technology
- Region
- Latin America
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IFC International Finance Invests in COMASA to Improve Resilience of the Agricultural Sector in Nicaragua
IFC has partnered with Comercializadora de Mani, SA (COMASA), to help preserve the competitiveness of the Central American country and protect thousands of jobs within the industry.
- Categories
- Agriculture, Investing
- Region
- Latin America
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Brazil Government Privatizes Rio’s Water Treatment for $4 Billion
Despite opposition, Rio has sold rights to its water and sewage treatment to companies Agea and Igua. The winning bidders have the goal of collecting and treating 90% of sewage by 2033.
- Categories
- WASH
- Region
- Latin America
- Tags
- emerging markets, hygiene, WASH, waste, water
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Accelerating the Energy Transition Would Benefit the Environment and the Economy in Panama
COVID-19 stimulus and recovery plans will trigger significant benefits, not only for the environment and human health, but also for the economy, including the creation of new jobs.
- Categories
- Coronavirus, Energy, Environment
- Region
- Latin America
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Brazil’s Positive Ventures Closes On $10 Million Fund for Impact Investing
Positive Ventures, a Sao Paulo-based venture firm, has secured $10 million for its latest fund.
- Categories
- Investing
- Region
- Latin America
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Press Release: ANDE Releases New Report on Relationships Between Accelerators and Investors in Central America
The Aspen Network of Development Entrepreneurs (ANDE) presents the second report on Central America from the Global Acceleration Learning Initiative (GALI). It explores startup data as well as qualitative findings on accelerators and investors.
- Categories
- Entrepreneurship, Investing
- Region
- Latin America
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