AI Will Not Be Able to Do It: Latin America Will Need 14 Million Caregivers for the Elderly by 2050
By 2050, Latin America will need around 14 million certified caregivers to support its aging population, a demand that artificial intelligence is unlikely to meet, according to a report by the Inter-American Development Bank (IDB).
It Looks Like an Impenetrable Fortress, But Now You Can Have Coffee Where the Gold of the Netherlands Was Stored: The New 'Bunker Museum'
A historic bank vault in Amsterdam is being transformed into a public space featuring a museum, cafΓ©, and various entertainment facilities.
From secret vault to public space: how the former gold chamber of a Dutch bank became a new public treasure
In Amsterdam, a formerly inaccessible banking complex is being transformed to reconnect with the city through a comprehensive architectural intervention.
Malawi: FDH Bank Steps Up Support for National Development
FDH Bank Plc is increasing its support for Malawi's national development through various initiatives aimed at enhancing socio-economic growth.
Uganda: Housing Finance Bank Supports Gayaza High School
Housing Finance Bank has made a UGX 10 million contribution to Gayaza High School for the expansion of its chapel, aiming to support sustainable development and community empowerment.
βIt has a lot to give to the countryβ: Sheinbaum and banks agree to increase credit to 45% of GDP
Mexican President Claudia Sheinbaum and the Association of Banks of Mexico have agreed to raise bank financing from 38% to 45% of GDP to stimulate national development.
Stournaras: Development with Risks from War and Energy Uncertainty
The Governor of the Bank of Greece, Yannis Stournaras, discusses the impact of geopolitical conflicts and energy uncertainties on Greece's economic strategies during an event in Frankfurt.
Africa: Civil Society Engagement Community of Practice - A Platform for Collaborative Transformation
The Civil Society Engagement Community of Practice aims to enhance collaborative efforts in addressing Africa's development challenges by fostering strategic partnerships among diverse stakeholders.
The US lifts sanctions on two Belarusian banks and 'Belaruskalij'
The United States has lifted sanctions against the Belarusian bank 'Belinvestbank', the Development Bank, and the Ministry of Finance, as well as against Belarus' potash company, 'Belaruskalij'.
Re-defining Nigeriaβs fintech regulator-regulatee relationship
Nigeria's fintech sector is experiencing significant growth, requiring a collaborative approach between regulators and innovators for sustained development.
Africa: African Development Bank Convenes Stakeholder Workshop to Scale Youth-Led Climate Solutions
The African Development Bank held a workshop to advance youth-led climate adaptation solutions through their YouthADAPT program.
Africa: African Development Bank Convenes Stakeholder Workshop to Scale Youth-Led Climate Solutions
The African Development Bank held a workshop to discuss advancements in youth-led climate adaptation solutions through its YouthADAPT programme.
IDB sets its sights on Mexican lithium: Opens the door to finance projects and collaborate with Pemex
The Inter-American Development Bank (IDB) has expressed its willingness to provide financial and technical support for the development of Mexico's lithium industry and other critical minerals.
BNDES has record recurring profit of R$ 15.2 billion in 2025
The Brazilian National Bank for Economic and Social Development (BNDES) reported a record recurring profit of R$ 15.2 billion for 2025, marking a significant increase from the previous year and reflecting strong credit activity in the economy.
Master Bank lent at least R$ 22 million to Hugo Motta's sister-in-law
The sister-in-law of the President of the Chamber of Deputies in Brazil secured a loan of R$ 22 million from Master Bank for real estate development.
Gyeongnam Province Promotes the Attraction of 40 Public Institutions including Korea Small Business Bank and Korea Racing Authority
Gyeongnam Province is seeking to attract 40 public institutions, including the Korea Small Business Bank and the Korea Racing Authority, to enhance regional industry and infrastructure.
Lavigne: 'There are sectors that create jobs and others that destroy them, these are issues of capitalism'
During the annual summit of the Inter-American Development Bank (IDB) in Paraguay, Pablo Lavigne discussed challenges related to job creation and destruction in Argentina amid the implementation of the Mercosur-EU agreement.
I. RuginienΔ met with representatives of farmers: discussed new tax, milk prices, and ILTE loans
Lithuanian Prime Minister I. RuginienΔ met with farmer representatives to discuss a proposed new tax, declining milk prices, and preferential loans from the National Development Bank.
Mexico could receive part of the 500 billion USD that the IDB will allocate for energy projects
Mexico is poised to receive funding from the IDB's $500 billion earmarked for energy projects across Latin America and the Caribbean over the next decade.
Ilan Goldfajn: βIn this more fragmented and polarized world, Latin America can offer secure supply chainsβ
Ilan Goldfajn discusses Latin America's potential to provide secure supply chains amid global fragmentation, with substantial financial backing from the Inter-American Development Bank.
The largest development bank in the region announced that it will invest "very robust" funds in Argentina
The president of the Inter-American Development Bank announced significant investment plans for Argentina while supporting the economic model of President Javier Milei.
Caputo sends a delegation to the IDB summit in Paraguay, in search of financing
Argentine Economy Minister Luis Caputo is leading a delegation to the Inter-American Development Bank summit in AsunciΓ³n, Paraguay, to secure development financing for the country.
Mintos CEO: Bank license is a logical step in our overall development
Latvian investment platform Mintos is pursuing a banking license from the European Central Bank and the Latvian Bank to enhance its services while maintaining its focus on investments.
They See Critical Minerals as a Strategic Opportunity for Mexico and the Latin American Region: IDB
Critical minerals have been identified as a strategic economic opportunity for Mexico and Latin America, according to a recent report by the Inter-American Development Bank.
The World Bank's investment arm strongly bets on Argentina: announces US$400 million for Rio Tinto and projects up to US$5000 million in mining
The World Bank's investment arm, the IFC, is investing US$400 million in Rio Tinto for lithium development in Argentina's Salta province, highlighting the country's changing investment landscape.
OQ Technology: Development with 25 million financing from the EIB
OQ Technology, a European satellite telecommunications company headquartered in Luxembourg, has received 25 million euros from the European Investment Bank to enhance its satellite technology and expand 5G connectivity services.
OQ Technology: Development and funding of 25 million from the EIB
OQ Technology, a European satellite telecommunications company with a subsidiary in Greece, has secured β¬25 million funding from the European Investment Bank to enhance its investment plans and accelerate its technology development.
NSDC, BOI launch N10 billion fund for sugar projects
The National Sugar Development Council and the Bank of Industry have created a N10 billion fund to accelerate the growth of greenfield sugar projects in Nigeria.
Liberia: Govt Launches Major Initiative to Boost Domestic Revenue and Tax Reform
The Government of Liberia has initiated a new program in collaboration with African Development Bank and Export-Import Bank of Korea to enhance domestic revenue mobilization and tax reform, particularly in the mining sector.
CBN gold holdings rise to $3.5bn
The Central Bank of Nigeria has increased its gold reserves to $3.5 billion through domestically sourced and refined gold.
Deputy calls on MP to prevent use of land as collateral to 'save' the BRB
Deputy FΓ‘bio FΓ©lix is seeking judicial intervention to stop the GDF from using public land as collateral for a loan to the BrasΓlia bank.
Reps threaten arrest warrant as BOI shuns investigative hearing
The Nigerian House of Representatives has threatened to issue an arrest warrant for the Bank of Industry after it failed to attend an investigative hearing regarding its operations and funding.
CAF approves credits of $450 million for Ecuador
The Development Bank of Latin America and the Caribbean (CAF) has approved $450 million in credits for Ecuador to enhance public safety and disaster response capabilities.
A unified financial market in Europe is the only solution for competitiveness, says KazΔks
MΔrtiΕΕ‘ KazΔks, the president of the Bank of Latvia, asserted that a unified financial market in Europe is crucial for enhancing competitiveness during a forum on financial sector development.
The Paradox of the Argentine Economy: It is One of the Fastest Growing in the Region, but Has the Highest 'Financial Vulnerability' According to the IDB
A report by the Inter-American Development Bank highlights Argentina's significant economic growth amid severe financial vulnerability.
Africa: Aamfi Appoints Dr. Corneille Karekezi As Chairperson As the Alliance Welcomes New Members - West African Development Bank and Regional Maritime Development Bank
The Alliance of African Multilateral Financial Institutions has appointed Dr. Corneille Karekezi as its new Chairperson during a significant meeting at the African Union Summit.
The IDB forecasts moderate but insufficient economic growth for Latin America in 2026
The Inter-American Development Bank predicts a modest growth of 2.1% for Latin America in 2026, emphasizing the need for improvements in productivity and better management of rare mineral resources amid global uncertainties.
Abia teams up with AfDB for $200m agroβindustrial zone
The Abia State Government in Nigeria is collaborating with the African Development Bank for a $200 million agro-industrial initiative under Tranche 2 of the Special Agro-Industrial Processing Zones programme.
Africa: South Africa's Hex Battery Energy Storage System Is Delivering Energy Solutions That Africa Can Scale
South Africa's Hex Battery Energy Storage System provides reliable energy solutions for local industries, showcasing potential applications throughout Africa.
Rwanda: African Development Bank Group and Rwanda Water Resources Board Launch Flood-Adaptation Project in Rwanda
The African Development Bank and Rwanda have initiated a flood adaptation project to enhance community resilience in western Rwanda with a $9 million grant.
Guarantee Fund EAT-TMEDE: Renewal of the financing agreement between the Greek Development Bank and TMEDE
A new financing agreement has been signed between the Greek Development Bank and TMEDE to extend the operation of the Guarantee Fund until December 31, 2026.
AfDB, AU push visa-free travel to boost AfCFTA
African policymakers are advocating for visa-free travel across the continent to enhance economic development under the African Continental Free Trade Area (AfCFTA).
With Economic Problems and Without Insurance: This Is How Uber Drivers Work in Latin America
A study conducted by Uber and the Inter-American Development Bank reveals that most Uber drivers in Latin America face economic difficulties, lack social security coverage, and are burdened with debt.
EBRD reports resilient regional economic growth
The European Bank for Reconstruction and Development's report highlights unexpectedly strong GDP growth in the region, specifically in sub-Saharan Africa, amid external economic challenges.
Nigeria Secures $100 Million From European Bank to Finance Project Bridge
Nigeria has received a $100 million investment from the European Bank for Reconstruction and Development to support the nationwide connectivity initiative, Project Bridge.
The European Bank for Reconstruction and Development has increased the economic growth forecasts for all three Baltic states
The European Bank for Reconstruction and Development has raised its economic growth forecasts for Latvia, Estonia, and Lithuania for this year.
World Bank: Complete Gender Equality in the Workplace Does Not Exist Anywhere in the World
A World Bank report reveals that even with gender equality laws in place, actual implementation is only about 50%, indicating significant ongoing barriers for women in the workforce.
ECOWAS, AfDB inaugurate board for $15bn LagosβAbidjan highway
The ECOWAS and the African Development Bank have established a Board of Directors for the $15 billion LagosβAbidjan Highway project, marking a significant step in the project's operational phase.
Wait, BGK: We will support Polish companies
The president of the Polish Development Bank, MirosΕaw Czekaj, emphasizes the need to create conditions for domestic companies to effectively pursue contracts for upcoming projects.
Park Sang-jin, Chairman of Korea Development Bank, states 'Difficult to intervene with Homeplus' and rejects MBK support request
Park Sang-jin, Chairman of Korea Development Bank, has refused a support request by MBK Partners for urgent operational funding for Homeplus, stating that they have no involvement with the company.