CAF – Development Bank of Latin America

Ricardo Penfold Joins Seaport Global

Retrieved on: 
Thursday, June 8, 2023

Seaport Global announced that Ricardo Penfold has joined the firm as Managing Director, Sovereign Analyst with the firm’s Emerging Markets team.

Key Points: 
  • Seaport Global announced that Ricardo Penfold has joined the firm as Managing Director, Sovereign Analyst with the firm’s Emerging Markets team.
  • Last year, Seaport Global merged with Liquidity Finance, the premier Emerging Markets specialist.
  • Faisal Mian, Seaport Global Partner and Global Head of Emerging Markets, said, “We are delighted to welcome Ricardo Penfold to Seaport Global.
  • Seaport will be in a strong position to help their clients make more informed investment decisions.”
    Michael Meyer, Seaport Global Partner and Head of Global Sales and Trading noted, “Seaport Global is committed to providing clients with the highest caliber resources.

Organon and CAF, Development Bank of Latin America, Launch First-of-Its-Kind Collaboration to Increase Sustainable Financing in Women’s Health

Retrieved on: 
Wednesday, June 7, 2023

Across the globe, tremendous gaps exist in women’s health that can potentially prevent women and thus economies from achieving their full potential.

Key Points: 
  • Across the globe, tremendous gaps exist in women’s health that can potentially prevent women and thus economies from achieving their full potential.
  • Sustainable financing can advance progress in women’s health by mobilizing capital towards initiatives that might not otherwise receive adequate support like increasing access to sexual and reproductive health education and healthcare services.
  • Sustainable financing is one potential solution to address constrained government budgets while catalyzing healthcarei and socioeconomic progress.
  • By using data, Organon is helping governments understand the value sustainable finance can provide to their people and their economies through health-related investments.

Latest news - DLAT Meeting of 19 April 2023 - Delegation to the Euro-Latin American Parliamentary Assembly

Retrieved on: 
Thursday, April 20, 2023

DLAT Meeting of 19 April 2023

Key Points: 
  • DLAT Meeting of 19 April 2023
    20-04-2023 - 16:54
    The last meeting of the Delegation to the Euro-Latin American Parliamentary Assembly (DLAT) took place on 19 April 2023 in Strasbourg.
  • Its discussions focused on the Global Gateway Agenda with representatives from the European Commission (DG INTPA), the European Investment Bank (EIB), the Development Bank of Latin America (CAF) and the Inter-American Development Bank (IDB).

Latest news - Next DLAT Meeting: 19 April 2023 - Delegation to the Euro-Latin American Parliamentary Assembly

Retrieved on: 
Tuesday, April 18, 2023

Next DLAT Meeting: 19 April 2023

Key Points: 
  • Next DLAT Meeting: 19 April 2023
    17-04-2023 - 17:13
    The next meeting of the Delegation to the Euro-Latin American Parliamentary Assembly (DLAT) is scheduled for:
    Wednesday 19 April 2023, 15.00-17.00
    Room: DE MADARIAGA S1 - Strasbourg
    It will focus on the Global Gateway Agenda with representatives from the European Commission (DG INTPA), the European Investment Bank, The Development Bank of Latin America (CAF) and the Inter-American Development Bank (IDB).

Colombia's business forecast at FITUR surpasses US $15.6 million -- 85% higher than the previous edition

Retrieved on: 
Thursday, January 26, 2023

Under the leadership of the Ministry of Trade, Industry, and Tourism -- and supported by ProColombia -- Colombia participated with a delegation of 38 companies, operators, regional promotion entities, and an airline. Colombian companies held 578 meetings with business representatives from 48 countries including Spain, the United Kingdom, Germany, the United States, Mexico, and Italy during the days aimed at professional audiences (January 18-20). In addition, 90% of the delegation confirmed to have found potential business opportunities.

Key Points: 
  • MADRID, Jan. 26, 2023 /PRNewswire/ -- During FITUR 2023 Colombia's business forecast amounted to US $15,647,570 -- an 85% increase compared to the previous edition.
  • In addition, 90% of the delegation confirmed to have found potential business opportunities.
  • Likewise, meetings were held with various international organizations, including the World Tourism Organization and the Development Bank of Latin America.
  • ProColombia President Carmen Caballero affirmed, "FITUR has been key in generating business in the Colombian tourism sector.

EMGA Secures US$ 20M Debt Finance for Costa Rica’s Banco Improsa

Retrieved on: 
Monday, October 31, 2022

Commenting on the transaction, Felix Alpizar, General Manager of BANCO IMPROSA, said: "Banco Improsa is very honored to be recognized by AECID and COFIDES for both its track record and programs to finance and support Costa Rican micro, small and medium-sized enterprises (MSMEs).

Key Points: 
  • Commenting on the transaction, Felix Alpizar, General Manager of BANCO IMPROSA, said: "Banco Improsa is very honored to be recognized by AECID and COFIDES for both its track record and programs to finance and support Costa Rican micro, small and medium-sized enterprises (MSMEs).
  • Jos Luis Curbelo, chairman and CEO of COFIDES, stated that we are pleased to support AECID in its first impact project with EMGA and IMPROSA in the Central American region.
  • The transaction will be used to finance small and medium enterprises in Costa Rica, which will contribute to the creation and maintenance of quality jobs and reducing inequalities.
  • In addition to the Spanish State, its shareholders include Banco Santander, Banco Bilbao Vizcaya Argentaria (BBVA), Banco Sabadell and Development Bank of Latin America (CAF).

Latin America Green Data Center Markets, 2022-2027: Hyperscale Operators like Google and Microsoft Actively Driving Renewable Energy Adoption

Retrieved on: 
Thursday, October 13, 2022

With the tremendous growth in data center deployment, the green data center market is becoming a leading trend in data center development and operations.

Key Points: 
  • With the tremendous growth in data center deployment, the green data center market is becoming a leading trend in data center development and operations.
  • Innovations in data center power technology include the adoption of lithium-ion and smart grid UPS systems and the adoption of DRUPS systems in Latin America.
  • The cost of operating a modular data center is around 30% less than that of a traditional data center facility, making it an attractive proposition in Latin America and driving the growth of the Latin America modular data center market, owing to many operators having limited funds for data center development.
  • Hyperscale operators like Google and Microsoft actively drive renewable energy adoption in Latin America.

Latin America Green Data Center Market Outlook and Forecast 2022-2027 - Larger Colocation and Hyperscale Data Center Operators Driving the Market - ResearchAndMarkets.com

Retrieved on: 
Wednesday, October 5, 2022

The "Latin America Green Data Center Market - Industry Outlook and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Latin America Green Data Center Market - Industry Outlook and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
  • With the tremendous growth in data center deployment, the green data center market is becoming a leading trend in data center development and operations.
  • Innovations in data center power technology include the adoption of lithium-ion and smart grid UPS systems and the adoption of DRUPS systems in Latin America.
  • The cost of operating a modular data center is around 30% less than that of a traditional data center facility, making it an attractive proposition in Latin America and driving the growth of the Latin America modular data center market, owing to many operators having limited funds for data center development.

OPEC Fund approves US$233 million in global development support

Retrieved on: 
Wednesday, March 16, 2022

The US$233 million in new funding will benefit public sector projects promoting sustainable development around the world.

Key Points: 
  • The US$233 million in new funding will benefit public sector projects promoting sustainable development around the world.
  • The Governing Board also approved three grants totaling US$6 million for joint OPEC Fund technical cooperation facilities with three co-financing partners: the Asian Development Bank (US$3 million), the Development Bank of Latin America (US$1 million) and the European Bank for Reconstruction and Development (US$2 million).
  • The OPEC Fund for International Development (the OPEC Fund) is the only globally mandated development institution that provides financing from member countries to non-member countries exclusively.
  • The OPEC Fund was established by the member countries of OPEC in 1976 with a distinct purpose: to drive development, strengthen communities and empower people.

OPEC Fund approves US$233 million in global development support

Retrieved on: 
Wednesday, March 16, 2022

The US$233 million in new funding will benefit public sector projects promoting sustainable development around the world.

Key Points: 
  • The US$233 million in new funding will benefit public sector projects promoting sustainable development around the world.
  • The Governing Board also approved three grants totaling US$6 million for joint OPEC Fund technical cooperation facilities with three co-financing partners: the Asian Development Bank (US$3 million), the Development Bank of Latin America (US$1 million) and the European Bank for Reconstruction and Development (US$2 million).
  • The OPEC Fund for International Development (the OPEC Fund) is the only globally mandated development institution that provides financing from member countries to non-member countries exclusively.
  • The OPEC Fund was established by the member countries of OPEC in 1976 with a distinct purpose: to drive development, strengthen communities and empower people.