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Press Release: IFC Invests In Carao Ventures’ New Fund to Support Startups in Latin America
IFC is supporting the development of the early-stage startup ecosystem in small and medium countries in Latin America with an investment in Carao Ventures, the first venture capital firm in Central America.
- Categories
- Technology
- Region
- Latin America
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Press Release: Heifer International and IBM Work with Coffee and Cocoa Farmers in Honduras to Increase Access to Data and Global Markets
Smallholder coffee and cocoa farmers and their cooperatives in Honduras are harnessing the power of technology to access new markets and make better business decisions.
- Categories
- Agriculture, Technology
- Region
- Latin America
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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
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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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