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Latin America Startup Vambe Sees ARR Skyrocket After Pivot to Conversational AI
The Santiago, Chile-based company pivoted in March 2024 to focus on these AI agents, aimed to help small and medium-sized businesses automate communications with customers and close sales on platforms like WhatsApp.
- Categories
- Technology
- Region
- Latin America
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IFC Invests in Grupo Farmanova Intermed to Expand Access to Affordable and Quality Medications in Central America and the Caribbean
The IFC financing—a loan with an option to convert into a minority equity stake in the company—will enable GFI to consolidate all its operations in a state-of-the-art logistics and administrative center.
- Categories
- Health Care, Investing
- Region
- Latin America
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Global Coalition Pledges $10 Billion for Brazilian Forest Restoration and Conservation
This public-private partnership brings together major financial institutions, conservation organizations, and government entities to support Brazil’s environmental goals, making it one of the most comprehensive forest restoration programs in the world.
- Categories
- Environment, Technology
- Region
- Latin America
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Press Release: IFC Invests in Biodiversity Bond Issued by Davivienda to Support Sustainable Finance and Biodiversity Protection in Colombia
IFC's participation in the bond issuance represents an innovative financing instrument, as it supports the second biodiversity bond to be issued globally.
- Categories
- Environment, Investing
- Region
- Latin America
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New Initiative ‘Avanza Café’ Boosts Productivity and Reduces Carbon Emissions in Central America
JDE Peet’s, USDA and TechnoServe to collaborate in program benefiting over 35,000 coffee producers.
- Categories
- Agriculture
- Region
- Latin America
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New Pandemic Fund Grants to Help Bolster Pandemic Preparedness and Response for Countries of the Americas
The Pandemic Fund is a catalytic financing mechanism which provides important resources to advance pandemic prevention.
- Categories
- Health Care, Investing
- Region
- Latin America
- Tags
- public health
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Airbnb Drives Short-Term Rental Boom in Tourist Haven Rio
In Rio's Ipanema neighborhood, there is now one Airbnb listing for every seven homes, a Reuters analysis of Airbnb data collected by analytics firm AirDNA showed.
- Region
- Latin America
- Tags
- housing, regulations, tourism
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Puntored Raises $2 Million From Stellar Development Foundation
Puntored will use the funds to expand its technological capabilities and enable cross-border transactions across Latin America through the Stellar blockchain network.
- Categories
- Finance, Technology
- Region
- Latin America
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