Sweetening the pot: IDB steps in to help with new lending fund Photograph: Hulagway/Flickr

Inter-American Development Bank backs new fund

The Washington-based Inter-American Development Bank (IDB) said it will back a $150 million facility aimed at providing short-term trade financing -- and medium-term investment loans -- to sugar and bioenergy ventures in Brazil, Mexico and Central America.

Tom Darin Liskey

Published: Monday, January 19 2009