Last week, Venezuela's Minister of Science and Technology, Yván Gil, announced the reactivation of two strategic projects in cooperation with the Development Bank of Latin America and the Caribbean (CAF) in strategic areas such as artificial intelligence, technological modernization, digital rights,…
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Development Bank of Latin America and the Caribbean
Caribbean Development Bank to support Venezuela’s recovery
The Caribbean Development Bank (CBD) announced on Monday, August 10, the approval of $1 million in aid for Venezuela's Recovery and Reconstruction Fund following the June 24 earthquakes.
This fund was “established by the Development Bank…
CAF announces the Venezuela recovery and reconstruction fund
The Development Bank of Latin America and the Caribbean (CAF) announced the creation of the Venezuela Recovery and Reconstruction Fund, which will begin with a seed capital of $1 million.
This amount is in addition to the $300,000…
CAF approves a $550 million loan for Bolivia
The President of the Development Bank of Latin America and the Caribbean, Sergio Díaz-Granados, announced on Monday an immediate $550 million loan to provide liquidity to Bolivia.
The news was communicated directly to the new president of…