• A new regional financing facility will ease payment terms for telecom and speed up investments in digital infrastructure.  

• The initiative will broaden access to secure, high-quality telecom technology across the region.

   

WASHINGTON – IDB Invest joined forces with Nokia to launch a $50 million financing facility aimed at enhancing digital connectivity across Latin America and the Caribbean. The operation will allow Nokia to offer more flexible payment terms to communication service providers, enabling greater investment in secure, high-performance network infrastructure.  

The program will start in Mexico before expanding to other countries in the region. By facilitating faster access to trusted telecommunications technology, the partnership aims to strengthen digital connectivity, boost competitiveness, and foster innovation.

More than 200 million people in Latin America and the Caribbean lack internet access, and many more face unreliable service or limited coverage. Rural and remote communities remain underserved, while concerns about network security continue. Expanding access to certified, secure technologies is essential to promoting economic growth, improving public services, and strengthening the region’s resilience.

This innovative solution aligns infrastructure spending with revenue generation, unlocking new broadband investment. By easing cash flow constraints and reducing reliance on traditional debt, the facility will also support the rapid deployment of digital infrastructure especially in underserved areas through sustainable financing.

Through this partnership, IDB Invest and Nokia reaffirm their commitment to building a more connected and competitive Latin America and the Caribbean, where reliable digital access is a driver of opportunity for all.

About IDB Invest

IDB Invest is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social, and environmental development in the region. With a portfolio of $22 billion in assets under management and more than 440 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet its clients' needs across various sectors. Visit our website: idbinvest.org/en.

 About Nokia

At Nokia, we create technology that helps the world act together. As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation. With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.