CABEI invests over $4 billion in projects in El Salvador

The Banco Centroamericano de Integración Económica (CABEI) has invested more than $4 billion in El Salvador for various projects over the past three years. According to Luis Rodríguez, the director country of the CABEI, the bank has about 36 ongoing projects in collaboration with the private, public, and non-sovereign public sector, covering nearly 90% of the multilateral investments in the country. Seguir leyendo CABEI invests over $4 billion in projects in El Salvador

El Salvador’s energy exports increased by 1,860% in 2022.

El Salvador’s energy sector saw a significant growth of 14.4% in 2022, according to the Central Reserve Bank (BCR). The country now ranks seventh in the World Ranking of Renewable Electricity Generation. Additionally, the BCR reported that energy exports from El Salvador grew by 1,860% in 2022, satisfying both domestic and foreign demand. Seguir leyendo El Salvador’s energy exports increased by 1,860% in 2022.

El Salvador and BCIE sign cooperation agreement for $625,000 for Roque Dalton Presidential Scholarships.

The Salvadoran Ministry of Finance and the President of the Central American Bank for Economic Integration (BCIE), Dante Mossi, signed a non-refundable cooperation agreement worth $625,000 for the Roque Dalton Presidential Scholarship program. Seguir leyendo El Salvador and BCIE sign cooperation agreement for $625,000 for Roque Dalton Presidential Scholarships.

BCIE Increases Contribution to Roque Dalton Scholarship Program.

The Banco Centroamericano de Integración Económica (BCIE) for El Salvador has announced an increase in their support for the Roque Dalton Presidential Scholarship program. The program provides access to university studies for young people throughout El Salvador, covering the full cost of tuition, as well as food, housing, transportation, and more. Seguir leyendo BCIE Increases Contribution to Roque Dalton Scholarship Program.

El Salvador becomes the first country in the region with Starlink internet.

El Salvador has become the first country in Central America to have access to SpaceX’s high-speed satellite internet service, Starlink. The multinational company made the announcement on its website, and the news was confirmed by Elon Musk himself, who tweeted “Starlink is available in El Salvador” yesterday. Seguir leyendo El Salvador becomes the first country in the region with Starlink internet.