![Brazil increases its equity interest in CAF Brazil increases its equity interest in CAF](/media/29008/firmabrasil.jpg)
Brazil increases its equity interest in CAF
The signing formalizes subscription to US$467 million of CAF ordinary capital stock which added to its existing equity interest of US$132.3 million raises the capital commitments subscribed by Brazil to US$599.3 million. It was also agreed that the country would contribute US$126 million to the guarantee capital of the Corporation.
The subscription strengthens CAF as a Latin American institution par excellence which in the last decade has become an important multilateral source of financial resources for the countries of the region in the interests of promoting sustainable development and regional integration.
In the 1996-2007 period, the Corporation approved in favor of Brazil a set of operations under various schemes for a total of approximately US$4.50 billion in various sectors such as road integration and energy infrastructure, social and urban development, stimulus for international trade, and support for micro-, small- and medium-sized enterprises.
CAF's more recent content
![CAF, JICA and Sicredi join forces to support women and rural producer CAF, JICA and Sicredi join forces to support women and rural producer](/media/4669796/foto_sicredi_divulgação_310724.jpg)
CAF, JICA and Sicredi join forces to support women and rural producer
The amount represents the largest international facility ever undertaken by Sicredi, with the involvement of four internationally renowned entities: Banco Finantia, BNP Paribas, Eco.business Fund, and Sumitomo Mitsui Banking Corporation (SMBC). The funds raised can also be used in regions with a Human Development Index below the national average.![CAF-FAO: Digitization project for agribusiness with repository launch CAF-FAO: Digitization project for agribusiness with repository launch](/media/4669830/caf-fao.png)
CAF-FAO: Digitization project for agribusiness with repository launch
The Food and Agriculture Organization of the United Nations (FAO), CAF -development bank of Latin America and the Caribbean-, the Ministry of Agriculture, Land and Fisheries and the Tobago House of Assembly celebrated the successful completion of the “Digitization and Innovation for the Competitiveness and Sustainability of the Agribusiness Sector in Trinidad and Tobago” project. The closing ceremony, that took place on the 29th of July, marked a significant milestone in the country's efforts to modernize and enhance the agricultural sector.![CAF recognizes Panama's water potential in the face of climate change CAF recognizes Panama's water potential in the face of climate change](/media/4669780/2_cuencas_hidro_caf_.jpg)