The Inter-American Development Bank (IDB), CAF – development bank of Latin America –, and FONPLATA – Development Bank – announced the launching of their Alliance for the Integration and Development of Latin America and the Caribbean (ILAT) to provide technical and financial support to integration...
The Development Bank approved a funding of almost US$47 million for the Urban Development and Mobility Project of Presidente Prudente, in the Brazilian State of Sao Paulo. The project aims at improving the quality of life of the municipality’s residents through macrodrainage and urban mobility works...
The Development Bank approved a US$32-million funding for the Urban Development Program of the municipality of Cascavel, in the Brazilian State of Paraná. Focused on the most vulnerable population, the investment will enable the implementation of sanitation and urban mobility works, the construction...
The Development Bank has granted new non-reimbursable cooperation of US$ 150 thousand to the cities of Joinville and Vila Velha for the adjustment of health units, and the purchase of protective supplies for health personnel and rapid tests to detect the new virus. This is one of the lines of...
FONPLATA granted an 8-year US$36-million revolving line of credit to the Development Bank of Minas Gerais – BDMG, Brazil, which will be used to fund projects initiated by the municipalities of the State of Minas Gerais. This operation with BDMG (Banco de Desenvolvimento de Minas Gerais) is the first...