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Month

//September 2019
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Bayport Secures $150 Million USD To Fuel Its Colombian Consumer Payroll Lending

Bayport Colombia, a “libranza” (payroll loan) company, executed a secured credit agreement for up to USD $150 million with a syndicate consisting of a Cerberus Capital Management affiliate, JPMorgan Chase Bank, and a large Canadian institutional investor. The syndicate was led by...
Posted On September 18, 2019
, By Loren Moss
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Colombia Seeks To Export Mango, Pitaya, Bell Peppers To US In Trade Talks

Colombia’s vice minister of foreign trade Laura Valdivieso Jiménez met this week with US undersecretary of commerce Gilbert Kaplan during his visit to Colombia to discuss trade, when she brought up for discussion agricultural admissibility of several agricultural products,...
Posted On September 12, 2019
, By Loren Moss
Photo of Barranquilla skyline credit MinCIT
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Barranquilla Seeing A Surge In International Visitors

In the first half of 2019, 82,549 International visitors arrived in Colombia through Colombia’s Atlantic coastal city of Barranquilla. According to Colombia’s Ministry of Commerce, Industry & Tourism (MinCIT), this is an increase of 9.7% over the same period in 2018. 538,260...
Posted On September 12, 2019
, By Loren Moss
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Gran Colombia Gold Reports Production Up 8%

Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today that it produced a total of 18,710 ounces of gold in August bringing the total for the first eight months of 2019 to 155,359 ounces, up 8% over the first eight months of 2018. Gran Colombia’s trailing 12 months’...
Posted On September 12, 2019
, By Loren Moss
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Pacific Coast Town of Coquí (Nuquí), Chocó Hosts “Siembra Negro” Gastronomy Festival

The 5th version of the “Siembra Negro” Festival launches today and runs through September 14th, in Coquí, a village outside of the coastal town of Nuquí on Colombia’s Pacific coast best known as a launching point for whale watching and ecotourism. The Ministry of Commerce,...
Posted On September 11, 2019
, By Loren Moss
VivaColombia Colombia airplane el dorado airport (Photo credit: Viva Air)
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Viva Air Inks Distribution Deal With Amadeus For Air Tickets

Colombian low-cost airline Viva Air and travel technology platform Amadeus (MSE: AMS) have announced a distribution deal today whereas Viva Air will make its domestic and international flights, as well as negotiated fares, bookable in all Amadeus points of sale. The fares will be...
Posted On September 10, 2019
, By Loren Moss
Fitch Photo credit: Shashank457 licensed under the Creative Commons Attribution-Share Alike 4.0 International license.
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Colombia’s Economy Still Faces Risks Despite 2019 Data: Fitch

Data from the first half of 2019 indicating that Colombia is on track to meet its 2019 fiscal target without one-off asset sales is a positive development, but meeting the 2020 target could be challenging, says Fitch Ratings. The risks to fiscal consolidation and to the...
Posted On September 9, 2019
, By Loren Moss
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Colombia’s Tourist Town of Guatapé Opens New $6 Million Dollar Lakeside Park

Colombia’s popular tourist town of Guatapé, Antioquia, roughly 2 hours outside of Medellín, has opened a new Malecón, or waterfront parkway, modernizing and increasing public space by more than 19,000 square meters. The public work was realized by joint efforts of the Guatapé...
Posted On September 9, 2019
, By Loren Moss
© Loren Moss
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Blue Marble Microinsurance Renews, Expands Weather Index Insurance For Small Colombian Coffee Growers

Blue Marble Microinsurance is renewing its weather index insurance program for smallholder coffee farmers in Colombia and expanding the coverage significantly.
Posted On September 9, 2019
, By Loren Moss
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South American Wayúu Indigenous Leader Says Petroleum Companies, Multinationals Can Live In Harmony With The Environment & Humanity—If They Follow Certain Principles

Wayúu indigenous leader Monica Barros tells Finance Colombia what multinationals must do to make profits in harmony with communities and the land
Posted On September 8, 2019
, By Loren Moss
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