Inter-American Development Bank

PRO MUJER NAMES CARMEN CORREA AS ITS CEO

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Mercredi, janvier 19, 2022
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NEW YORK, Jan. 19, 2022 /PRNewswire/ --Pro Mujer, a social enterprise with more than31 years working to advance gender equality in Latin America, announces Carmen Correa as its new CEO.

Key Points: 
  • NEW YORK, Jan. 19, 2022 /PRNewswire/ --Pro Mujer, a social enterprise with more than31 years working to advance gender equality in Latin America, announces Carmen Correa as its new CEO.
  • Correa joined Pro Mujer in 2017 as the Director of Alliances.
  • In her new role, Correa will lead Pro Mujer and expand the organization's impact to bring it closer to its goal of achieving gender equality in Latin America.
  • Maria Cavalcanti will continue to be part of Pro Mujer, supporting and advising on strategic initiatives after six successful years as the CEO.

Atento announces signing of new super senior revolving credit facility

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Mercredi, décembre 29, 2021
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The new credit facility has a five-year term to December 23, 2026 and will replace Atento's existing $50 million super senior revolving credit facility, which matures on February 10, 2022.

Key Points: 
  • The new credit facility has a five-year term to December 23, 2026 and will replace Atento's existing $50 million super senior revolving credit facility, which matures on February 10, 2022.
  • Atento intends to draw the new credit facility to repay the $25.0 million outstanding under the existing revolving credit facility, and to use the remainder of the funding for its working capital and capital expenditure needs in Latin America.
  • At the same time, the new revolving credit facility lowers Atento's cost of debt.
  • In particular, these forward-looking statements include those about the refinancing of Atento's existing super senior revolving credit facility with its new super senior credit facility.

AKEN Hotels & Resorts consolidates its expansion with the appointment of Gustavo J. Segura, Costa Rica former Minister of Tourism as Regional Director for Central America and the Caribbean.

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Mercredi, décembre 22, 2021
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Expert in Sustainable Tourism and Luxury Hospitality, Gustavo has held strategic and operational executive positions for travel and tourism organizations in several Latin American countries.

Key Points: 
  • Expert in Sustainable Tourism and Luxury Hospitality, Gustavo has held strategic and operational executive positions for travel and tourism organizations in several Latin American countries.
  • He actively participated in the design of the Certification for Sustainable Tourism (CST) of the Costa Rican Tourism Institute, among others.
  • In his role, Gustavo will be responsible for the continued growth of AKEN Hotels & Resorts in the high-end and luxury segment in Central America and the Caribbean.
  • AKEN Hotels & Resorts is a soft brand for high-end, luxury independent hotels based in the USA.

Applications Open In Africa and Asia For Adaptation SME Accelerator Project (ASAP)

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Vendredi, décembre 17, 2021
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Village Capital and The Lightsmith Group announced today that applications have opened in Africa and Asia for the Adaptation SME Accelerator Project (ASAP), a program for SMEs and startups that are scaling market-based solutions to critical climate adaptation and resilience challenges.

Key Points: 
  • Village Capital and The Lightsmith Group announced today that applications have opened in Africa and Asia for the Adaptation SME Accelerator Project (ASAP), a program for SMEs and startups that are scaling market-based solutions to critical climate adaptation and resilience challenges.
  • Accelerating the growth of selected climate adaptation solutions companies in developing countries is the final step in the ASAP strategy, said Jay Koh, MD, Lightsmith Group.
  • By connecting SMEs identified through the Adaptation Solutions Taxonomy to resources of a world-class accelerator, we can demonstrate how these companies can scale up their solutions to the growing impacts of climate change.
  • Developing countries climate adaptation needs are immense and diverse, and the private sector plays an important role in filling the gap.

CINDE Announces: Costa Rica Sets Investment Projects Record for Second Year in a Row

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Mardi, décembre 14, 2021
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The Costa Rican Investment Promotion Agency reported 103 investment projects in 2021 30% more than 2020.

Key Points: 
  • The Costa Rican Investment Promotion Agency reported 103 investment projects in 2021 30% more than 2020.
  • In 2021 companies such as Bayer, Amazon, Roche, Intel, Concentrix, Firestone, and Terumo announced expansions in Costa Rica.
  • SAN JOS, Costa Rica, Dec. 14, 2021 /PRNewswire/ -- Costa Rica closes 2021 with record figures on the number of investment projects attracted as well as jobs created.
  • For the second consecutive year, the Costa Rican Investment Promotion Agency (CINDE) reached a record number 103 investment projects that chose Costa Rica which represents a growth of 30% over 2020.

CINDE Announces: Costa Rica Sets Investment Projects Record for Second Year in a Row

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Mardi, décembre 14, 2021
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The Costa Rican Investment Promotion Agency reported 103 investment projects in 2021 30% more than 2020.

Key Points: 
  • The Costa Rican Investment Promotion Agency reported 103 investment projects in 2021 30% more than 2020.
  • In 2021 companies such as Bayer, Amazon, Roche, Intel, Concentrix, Firestone, and Terumo announced expansions in Costa Rica.
  • SAN JOS, Costa Rica, Dec. 14, 2021 /PRNewswire/ -- Costa Rica closes 2021 with record figures on the number of investment projects attracted as well as jobs created.
  • For the second consecutive year, the Costa Rican Investment Promotion Agency (CINDE) reached a record number 103 investment projects that chose Costa Rica which represents a growth of 30% over 2020.

Born2Global Centre Backs Innovative Global Joint Ventures, Leading Support for Digital and Green Growth in Developing Countries

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Mardi, décembre 14, 2021
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SEOUL, South Korea, Dec. 14, 2021 /PRNewswire/ -- The Born2Global Centre, an agency in charge of supporting of Korean innovative technology companies' advancement into the global market, has taken the lead in driving digital and green growth in developing countries through supporting bi-lateral joint ventures between innovative startups of developed and developing region.

Key Points: 
  • SEOUL, South Korea, Dec. 14, 2021 /PRNewswire/ -- The Born2Global Centre, an agency in charge of supporting of Korean innovative technology companies' advancement into the global market, has taken the lead in driving digital and green growth in developing countries through supporting bi-lateral joint ventures between innovative startups of developed and developing region.
  • The Born2Global Centre unveiled bi-lateral joint venture partnerships between Korean and Latin American innovative startups at the Global Innovative Growth Forum (GIGF) 2021.
  • The Korean-Latin American startup joint ventures partnerships were presented by the Born2Global Centre include InnoCSR (Korea), VIRNECT (Korea), American Climate Solutions (ACS, Mexico), and Proximity (Peru).
  • Mr. Kim observed, "The session provided an opportunity to once again create sustainable responses and meaningful economic effects in developing countries through innovative joint venture partnerships between developing and advanced countries."

Federal Home Loan Bank of Atlanta Announces Results of 2021 Director Election

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Mercredi, novembre 17, 2021
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ATLANTA, Nov. 17, 2021 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today announced the results of the 2021 director election.

Key Points: 
  • ATLANTA, Nov. 17, 2021 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today announced the results of the 2021 director election.
  • Mr. Stubbs is chief executive officer and director of River Bank & Trust in Prattville, Alabama.
  • Under his leadership, the bank was formed in 2006 and is one of the largest community banks headquartered in Alabama, with total assets of $2.3 billion.
  • FHLBank Atlanta is one of 11 district Banks in the Federal Home Loan Bank System.

Mastercard Continues to Advance Support for Inclusive and Sustainable Urban Development and Grow City Possible Network

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Mercredi, novembre 17, 2021
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Mastercard has continued to expand its support for addressing urban challenges and inequalities, working with city leaders and partners around the world, through the City Possible network and capabilities.

Key Points: 
  • Mastercard has continued to expand its support for addressing urban challenges and inequalities, working with city leaders and partners around the world, through the City Possible network and capabilities.
  • City Possible, a partnership model pioneered by Mastercard, has grown from 16 founding members at launch three years ago to 310 city members and candidate cities.
  • The newly launched City Possible Advisory Board are representatives from some of the worlds most innovative cities to provide guidance to the City Possible network and drive solution-oriented initiatives to solve the biggest challenges facing cities today.
  • Through City Possible, were focused on delivering innovation, flexibility and trust and, as the network continues to expand, we see increasing opportunities to support each others work to make our cities more sustainable and inclusive.

Libra Group Launches Global Advisory Board

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Jeudi, novembre 11, 2021
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NEW YORK, Nov. 11, 2021 /PRNewswire/ -- Diverse international business group, the Libra Group, has appointed the first four members of its new Global Advisory Board to support its Executive Team and Board of Directors. The newly appointed advisors will provide strategic guidance to the group that is active in aviation, energy, hospitality, real estate, shipping, and diversified investments. 

Key Points: 
  • The Global Advisory Board's first four members are a seasoned Israeli diplomat, a former Treasurer of the United States, a White House veteran, and a celebrated specialist in interpersonal communication
    NEW YORK, Nov. 11, 2021 /PRNewswire/ -- Diverse international business group, the Libra Group, has appointed the first four members of its new Global Advisory Board to support its Executive Team and Board of Directors.
  • There are initially four members of the Global Advisory Board, including Ido Aharoni Aronoff, who serves as a Global Distinguished Professor for International Relations at New York University's Graduate School of Arts and Science.
  • Also joining the Global Advisory Board is Joe Navarro, the celebrated specialist in human behaviour, interpersonal communication and body language.
  • Commenting on the creation of the new advisory board, Libra Group's Chairman and CEO, George Logothetis, stated, "We are honoured to have access to the wisdom and experience of this eminent group of global leaders.