CAF Doubles Digital Financing to $12B by 2031 for AI, Cyber, Tech Infrastructure

CAF, the Latin American development bank, announced it will double its digital transformation financing to $12 billion by 2031, targeting AI, cybersecurity, and technological infrastructure across the region. The commitment signals a major regional push to close the digital divide, though implementation details and country allocations remain unspecified. This is a continuation of CAF's existing strategy, but the scale-up marks a notable acceleration in regional digital investment.