Press release

Miami, United States 24 March 2026

Saudi Eksab and IDB Group Sign MoU to Advance Equity Investment in Latin America and the Caribbean

Saudi Eksab for International Investments Company and the Inter-American Development Bank (IDB) Group signed a Memorandum of Understanding (MoU) at FII Priority Miami 2026 to advance equity investment in Latin America and the Caribbean.

Signed by Saudi Eksab CEO Mr. Yazeed AlYahya and IDB Group President Ilan Goldfajn, the agreement focuses on equity financing through direct and indirect investments, with an initial emphasis on Central America and the Caribbean.

The collaboration is structured around two priorities:

  • Build an investment pipeline collectively through the identification of opportunities serving the long-term objectives
  • Potential creation of an investment mobilization vehicle to channel capital into specific framework investment deployment.

To deliver on these priorities, the parties are exploring concrete actions such as, for example:

  • A potential private equity vehicle focused on Central America and the Caribbean, with participation from Saudi Eksab and IDB Invest.
  • Expanding early-stage investment efforts through IDB Lab, including support to venture capital funds and direct equity opportunities, leveraging its network and experience to strengthen the pipeline across stages.

Through this collaboration, the parties aim to mobilize private capital, create a socioeconomic impact, and strengthen investment across Latin America and the Caribbean.

This partnership represents a strategic step in strengthening long-term collaboration across high-potential markets. Through our collaboration with IDB group, we aim to unlock investment opportunities at scale, strengthen investment ecosystems, and advance shared prosperity.

Mr. Yazeed Al-Yahya Chief Executive Officer of Saudi Eksab

We are advancing concrete equity investments and building a pipeline of opportunities that connects global capital with Latin America and the Caribbean, supporting growth, jobs, and stronger economies.

Mr. Ilan Goldfajn President of the IDB and Chairman of IDB Invest

About Saudi Eksab:

Saudi Eksab is an international investment entity with a dual mandate to deliver positive financial returns and measurable socioeconomic impact. They aim to unlock the potential in frontier and emerging markets to create shared, global prosperity.

Media contact: media@saudieksab.sa