Tegucigalpa, August 12 2021.- On Wednesday, the Central American Bank for Economic Integration (CABEI) and the Green Climate Fund (GCF) signed a US$64.1 million financing agreement for the Bio-CLIMA Project to promote forest conservation and restoration in the Bosawás nature reserve and the San Juan River biosphere in Nicaragua. The total cost of the project is US$116.6 million; the GCF will ...
Tegucigalpa, August 12, 2021 .- The Central American Bank for Economic Integration (CABEI) organized a meeting with the Nicaraguan and Honduran authorities responsible for monitoring the plan in order to present the progress made in the implementation of the tri-national Investment and Economic Development Master Plan for the Gulf of Fonseca. Among the advances presented by CABEI are several ...
Tegucigalpa, August 12, 2021 .- As part of the implementation of the Trinational Investment and Economic Development Master Plan in the Gulf of Fonseca, on April 14 and 15, representatives of the Central American Bank for Economic Integration (CABEI) visited sites of interest in the Department of Chinandega in Nicaragua, accompanying a delegation made up of officials from the National Port Company ...
Tegucigalpa, August 31, 2021.- On Tuesday, the Central American Bank for Economic Integration (CABEI) approved technical cooperation in the amount of US$1.2 million to the Republic of Nicaragua for the preparation of social and environmental technical studies and the final design of works for the supply of continuous and quality drinking water to 12 rural communities in Leon, 4 in Morrito, and 12 ...
Managua, October 06, 2021.- In response to the growth in demand for electricity consumption and to strengthen the distribution system in the city of Managua, the Central electricity transmission substation, a project financed by the Central American Bank for Economic Integration (CABEI) in Nicaragua, will come into operation in the next few months. The new substation will have a positive impact on ...
Managua, October 18, 2021 - Nicaragua will soon complete the execution of the " Improvement and Expansion of Drinking Water Supply and Sanitation Systems in 19 cities" project, financed by the Central American Bank for Economic Integration (CABEI), whose main scope will be to increase drinking water coverage by 94% and sanitary sewerage services by 74%, equivalent to the installation of 7,900 ...
Managua, October 25, 2021.- A total of 28,557 micro, small and medium-sized enterprise (MSME) jobs have been preserved and recovered during the last year and a half thanks to the support of the Central American Bank for Economic Integration (CABEI) and its Financial Sector Support Facility for MSME Financing , which has channeled US$66.8 million through its intermediary financial institutions. In ...
Tegucigalpa, October 27, 2021.- To prepare seven feasibility studies to support Honduras and Nicaragua in expanding and strengthening their electricity transmission systems, the Central American Bank for Economic Integration (CABEI) approved non-reimbursable technical cooperation in the amount of US$1.4 million to finance them. The Technical Cooperation will be carried out in three stages. The ...
Managua, November 04, 2021.- In support of Nicaragua's micro, medium and small enterprises (MSMEs) in the face of the economic crisis, the Central American Bank for Economic Integration (CABEI) and the Promotion and Development Foundation (PRODESA) signed an agreement to renew a US$6.0 million global line of credit. With the availability of these resources, and with a 12-month term, businesses in ...
Managua, November 18, 2021.- As part of its efforts to support micro, medium, and small enterprises (MSMEs) in Nicaragua's production and livestock sectors, the Central American Bank for Economic Integration (CABEI) approved a US$100,000 line of credit to the Caja Rural Regional R.L. Savings and Loan Cooperative (Cooperativa de Ahorro y Crédito Caja Rural Regional R.L., or COOCARUR). (COOCARUR). ...