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CAF to use $7 bln capitalization for recovery, renewables in Latin America – EQ Mag Pro

CAF to use $7 bln capitalization for recovery, renewables in Latin America – EQ Mag Pro

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The board of CAF, which has 19 member countries across Latin America, the Caribbean and Europe and 13 private bank members, approved the capitalization plan this week. It will take place gradually.

BOGOTA: CAF, the Development Bank of Latin America, will use $7 billion in planned equity capitalization to back economic recovery and renewable energy development in the region, its president said on Thursday…Read More

Anand Gupta Editor - EQ Int'l Media Network