The Brazilian state development bank's new financing instrument will have an asset base of US$120mn.
The financial services firm Actinver has launched two investment funds. One, a joint venture with AXA, is the first in Mexico to focus on disruptive tech; the other is the first in Mexico to utilize AI in investment.
IFC Invests $5 Billion in Fiscal Year 2018 to Spur Development in Latin America and the Caribbean
The 2018 presidential election in Brazil is marked by unprecedented events.
Peruvian President Martín Vizcarra is pushing congress to approve his proposed reforms which seek to halt widespread corruption, and is prepared to hold up local elections to do it.
Bernardo González Rosas, the head of Mexico's financial sector regulator (CNBV), hailed the advance of fintech regulation in the country and said his chief remaining concern was to handle regulations with the incursion of major retailers like Amazon into the financial space.
Some 500mn pesos will be allocated to social and cultural infrastructure, 350mn pesos to water and sanitation initiatives and 350mn pesos to energy projects.