Finance Colombia » 2019 » August

ACI Medellín's Catalina Restrepo with Finance Colombia's Loren Moss

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Passion & Progress Define Catalina Restrepo’s Tenure At The Helm Of Investment Promotion Agency ACI Medellín

Catalina Restrepo has spent just a year and a half at the helm of ACI Medellín, the city’s investment promotion agency. Still, in that time she has been able to leaver her mark and create a legacy. As the current mayoral administration comes to the close of its four year term,...

Posted On August 13, 2019

, By Loren Moss

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Continental Gold Closes Stream Transaction with Triple Flag Mining Finance

Continental Gold Inc. (TSX:CNL; OTCQX:CGOOF) has announced the closing of the previously-announced US$100 million gold and silver stream transaction with Triple Flag Mining Finance Bermuda Ltd. Proceeds from the stream will be used for general and working capital purposes and...

Posted On August 13, 2019

, By Loren Moss

Left to right: Victor Muñoz, Sylvia Constain, Luis Almagro

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Organization of American States Redoubles Efforts To Combat Corruption With Big Data, Artificial Intelligence & Analytics

Prior to the OAS General Assembly held last month in Medellín, Colombia, member countries of the Organization of American States proposed to strengthen the use of technology to combat corruption in The Americas. “According to the Corruption Perception Index prepared by...

Posted On August 13, 2019

, By Loren Moss

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Frontera Energy Wins Petroleum Exploration Rights For Colombia’s Llanos-99 Block

Frontera Energy Corporation (TSX: FEC) has announced that it was awarded the Llanos-99 block in Colombia following the successful Agencia Nacional de Hidrocarburos (ANH) bid round. This is the first new round of exploration licenses in Colombia in the past five years. The...

Posted On August 13, 2019

, By Loren Moss

Buses nuevos de Transmilenio en la planta de carrocera de Pereira

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$131.3 Billion COP Bond Placement Oversubscribed For Renovation of Bogotá’s Transmilenio Bus Fleet

A bond issue was successfully completed last month in the amount of $131,350,000,000 Colombian pesos (Approximately $38.6 million USD) to finance the acquisition of the Transmilenio Phase I and II municipal bus fleet for the city of Bogotá’s 80th Street yard. The transaction was...

Posted On August 13, 2019

, By Loren Moss

A terminal in Bogotá's El Dorado International Airport sits empty. Photo credit Loren Moss 2014

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Amid Macroeconomic, Fiscal Challenges, Fitch Maintains Colombia’s Negative Credit Rating Outlook

Colombia’s recently released Medium-Term Fiscal Framework (MTFF) utilizes optimistic economic growth assumptions and relies on one-off privatization/asset sales and uncertain administrative measures to boost revenues, says Fitch Ratings. As such, risks to achieving...

Posted On August 13, 2019

, By Loren Moss

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US Military, Defense Contractors Present in Force at Colombia’s F-AIR 2019 11th Biennial Aviation & Defense Air Show

Every two years for the past 2 decades, Colombia’s air force along with Corferias, a government events promotion agency organize the F-AIR airshow at the José Maria Córdova international airport in Rionegro, Colombia just outside of Medellín. With the United States once again...

Posted On August 13, 2019

, By Loren Moss

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