CAF signs Memorandum of Understanding with Saudi Eksab

On the sidelines of the 2^nd edition of the International Economic Forum Latin America and the Caribbean 2026, Saudi Eksab international Investment entity and the Development Bank of Latin America and the Caribbean (CAF) signed a Memorandum of Understanding aimed at strengthening strategic cooperation and exploring partnership opportunities in priority development sectors.

The Memorandum of Understanding establishes a framework for joint cooperation, to support investment initiatives, and enhance institutional coordination in a manner that contributes to sustainable economic development and supports long-term growth across frontier and emerging markets.

The agreement further underscores the importance of knowledge exchange and institutional collaboration, enabling both parties to leverage their expertise and coordinate efforts to advance shared development priorities in frontier and emerging markets.

Mr. Yazeed Al-Yahya, CEO of Saudi Eksab, stated: “This Memorandum of Understanding represents a strategic step for Saudi Eksab toward building long-term investment partnerships that expand investment opportunities and advance sustainable development across frontier and emerging markets. It also underscores Saudi Eksab’s commitment to strengthening investment cooperation and scaling joint efforts in priority development sectors, creating long-term sustainable economic value.”

In the same context, Mr. Sergio Díaz-Granados, President of CAF, emphasized "This agreement with Saudi Eksab represents a significant step in our strategy to attract impact capital to Latin America and the Caribbean. Partnering with an institution that shares our vision of combining financial resources with sustainable development allows us to expand investment opportunities in key sectors for the region's productive transformation. CAF is committed to building bridges between Saudi Arabia and our region to drive inclusive growth and shared prosperity,"

About Saudi Eksab

Saudi Eksab is an international investment entity with a dual mandate to deliver positive financial returns and measurable socioeconomic impact. With the aim to unlock the potential in frontier and emerging markets to create shared, global prosperity.