CAF announces 9 billion dollars in financing for Colombia

CAF president Sergio Díaz-Granados confirmed a 9 billion dollar financing package for Colombia covering the period 2026-2030.

The agreement was closed on Friday at Universidad EIA in Medellín. Attendees included president-elect Abelardo de la Espriella, vice president-elect José Manuel Restrepo and designated finance minister Miguel Gómez.

The package is structured around four main axes: energy security, infrastructure for productivity, prosperity and social inclusion, and territorial presence and strengthening. Díaz-Granados described it as the entity's most ambitious bet in the country.

In addition, CAF will launch 1.2 billion dollars for subnational operations. The announcement aims to close territorial gaps and reduce logistics costs in Colombia.

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Illustration showing President Petro rejecting Odinsa's toll proposal, with a business leader criticizing the decision.
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Government rejects Odinsa toll proposal in Eje Cafetero

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The National Infrastructure Agency rejected Odinsa's private initiative IP Conexión Centro, which included $7 trillion in investments. President Gustavo Petro defended the decision, while business leader Bruce Mac Master criticized it.

CAF Asset Management Corp., through its Fondo de Deuda Senior para Infraestructura CAF-AM Ashmore II, granted a $300 billion credit to modernize and expand the Aeropuerto Internacional Rafael Núñez in Cartagena. This funding is part of a total $887 billion package with other banks and funds. The resources will renew over 25,000 square meters over the next five and a half years.

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Cali's council approved the addition of 1.18 trillion pesos to the district budget for 2026. The funds will mainly target security, mobility and housing.

President Gustavo Petro's government reported progress in agrarian reform with an investment of 22 trillion pesos and more than 2.2 million hectares formalized. Minister Martha Carvajalino highlighted reductions in rural poverty and records in agricultural production.

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Alberto García of Drummond Energy warned that Colombia's energy demand could double by 2030 if economic growth stays between 4% and 5% of GDP.

Colombia's Ministry of Commerce, Industry and Tourism and Bancóldex launched a 100 million dollar credit line to support trade operations with Venezuela. The measure aims to strengthen financial mechanisms between the two countries.

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