Within the framework of the CLXXXVII CAF Board of Directors meeting, the Development Bank of Latin America and the Caribbean, held on 16 December 2025 in Panama City, approved a financing package of USD 3.175 billion for infrastructure, energy, urban mobility, social inclusion and climate resilience projects in Ecuador, Panama, Uruguay, Mexico and the Dominican Republic. The operations seek to support sustainable development and regional integration.

The day before, CAF’s Board of Directors re-elected Sergio Díaz-Granados as Executive President for the period 2026-2031. At the same time, Haiti and Saint Kitts and Nevis began the process of joining CAF as Series ‘C’ member countries, which will allow them to access loans and technical cooperation, while Barbados became a Series ‘A’ member country, expanding the Caribbean’s participation in the institution.

Main approved operations

• Ecuador

CAF approved USD 303 million for the expansion of Quito’s First Metro Line and the strengthening of the national electricity transmission system, with the aim of improving urban mobility and energy infrastructure.

• Panama

A loan of USD 500 million was granted to the National Bank of Panama to support the agricultural sector and more than 3,300 SMEs, including at least 1,000 led by women. Fifty per cent of the funds will be allocated to rural areas

• Uruguay

The country received USD 980 million in financing for public transport projects, climate resilience, care for vulnerable communities, and strengthening subnational governments, with an emphasis on reducing territorial gaps.

• Mexico

CAF approved USD 300 million for the expansion and modernisation of the Federal Electricity Commission’s electricity transmission and distribution networks, benefiting more than 44 million people.

• Dominican Republic

USD 566 million was approved for energy, security, and water and sanitation projects aimed at strengthening water security, modernising the prison system, and expanding national energy capacity.

With this financing package, CAF reinforces its role as a key ally for sustainable development in Latin America and the Caribbean. Read the full article here.

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