NEWS
CAF commits US $ 12 billion to accelerate Latin America Digital Transformation
CAF has doubled its planned investment in Latin America and the Caribbean’ s digital economy, committing US $ 12 billion to technology projects between 2026 and 2031.
The Development Bank of Latin America and the Caribbean said the five-year programme would target artificial intelligence, cybersecurity, connectivity and technology infrastructure as governments seek to strengthen regional digital capabilities.
Announced at the International Forum Digitalizing to Transform in Santiago, Chile, the commitment represents a significant expansion of CAF’ s financing for Digital Transformation. The bank said funding would support technology adoption while helping countries build domestic capabilities rather than relying primarily on technologies developed outside the region.
Sergio Díaz-Granados, Executive President, CAF, urged governments to coordinate policies covering AI, data governance, computing infrastructure and cybersecurity, arguing that regional cooperation would give Latin America greater influence over emerging global technology rules.
“ No single country in Latin America and the Caribbean can single-handedly influence
the rules that will define the future of artificial intelligence,” Díaz-Granados said.“ A coordinated region can share capabilities, transform local solutions into regional assets and negotiate from a stronger position.”
The investment arrives as governments and enterprises in the region accelerate spending on AI infrastructure, cloud, connectivity, cybersecurity and data centres. CAF’ s financing could help address persistent gaps in computing capacity, connectivity and digital skills while supporting infrastructure needed to deploy emerging technologies at scale.
The initiative also signals an ambition to move Latin America beyond technology consumption towards a stronger role in developing, governing and commercialising the global digital economy on its own terms globally.
PBS Group accelerates Peru expansion with infrastructure and networking push
PBS Group is accelerating its expansion in Peru as the technology provider targets new enterprise opportunities in infrastructure, networking and Digital Transformation across one of its key Latin American markets.
The company brought senior regional executives to Peru for meetings with customers, partners and its local team, aiming to identify technology requirements and strengthen its position as organisations invest in more resilient digital infrastructure.
Leonardo Velásquez, Regional Infrastructure & Networking Director, PBS Group, joined the Peru operation for customer discussions focused on developing solutions aligned with business priorities. The visit also included meetings with Cisco to explore further collaboration around infrastructure and networking.
“ Peru is a strategic market for PBS Group and we see a concrete opportunity to support companies in a new stage of technological transformation,” said Velásquez.
PBS Group said its strategy combined regional technology expertise with local market knowledge as Peruvian organisations increased their focus on connectivity, networking and infrastructure capable of supporting operational continuity and efficiency.
Nella Aguilar, Country Manager, PBS Group Peru, said the company’ s approach extended beyond conventional technology deployment.
“ Our proposal is not limited to implementing technology,” she said.“ We seek to understand our clients’ challenges, integrate the capabilities of our teams and partners and from there, build solutions that generate a real impact on their operations and business objectives.”
The initiative underlined PBS Group’ s wider regional strategy of developing long-term customer and partner relationships while expanding its technology capabilities and enterprise footprint across the fast-evolving enterprise technology market in Peru. www. intelligentcio. com
INTELLIGENT CIO LATAM
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