ANTIGUA AND BARBUDA OFFICIALLY BECOMES SHAREHOLDER MEMBER OF CAF

The Government of Antigua and Barbuda has officially completed the process to become the newest shareholder country of the Development Bank of Latin America and the Caribbean, CAF. The twin-island state finalized its status as a “Series C shareholder,” on may 2 this year. It unlocks access to agile, flexible, and innovative financing to support sustainable and inclusive national development initiatives. To mark the momentous milestone, the national flag of Antigua and Barbuda was raised at CAF’s headquarters in Caracas, Venezuela, in a symbolic ceremony that marked the country’s formal entry into the CAF family as its 23rd shareholder. CAF’s executive president, Sergio Díaz-Granados, welcomed the incorporation of Antigua and Barbuda.