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 Colombia, Peru, Uruguay and Mexico lead the ranking of the Global Microscope on the environment for financial inclusion, an index that focuses on regulation, political strategies, and infrastructure to address this issue. In these four countries, financial inclusion is a...

The financing will allow Cabify to reinforce its activity in favor of its smart cities agenda, reducing mobility costs, and improving the lives of citizens," said IDB Invest.

The bond aims to attract international finance to the region and "meet the growing demand of clients in local currencies," said IDB Invest.

The Latin American Agribusiness Development Corporation will finance ventures in Colombia, Chile, Costa Rica, the Dominican Republic, Guatemala, Nicaragua, and Peru.

Davivienda will use the funds to provide financing for mortgage loans within Colombia's VIS and VIP programs.

The loan will “give a big boost” to the massive 4G road construction project underway in Colombia.