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Month

//January 2020
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Israeli Conglomerate Acquires Cali-Based Avocado Packer Pacific Fruits

The Cali, Colombia operations, brands and machinery of Pacific Fruits, one of the leading companies for packing and commercialization of agricultural products, especially the Hass variety of avocado has been acquired by Israeli investment vehicle Managro.
Posted On January 29, 2020
, By Loren Moss
BOGOTÁ -Photo courtesy Germán Ruíz
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US Leads Foreign Direct Investment In Bogotá, Followed By Canada In 2019

During 2019, Invest in Bogota (IIB), the city of Bogotá's investment promotion agency, supported 48 greenfield Foreign Direct Investment projects, its highest number for a calendar year since its institution in 2006.
Posted On January 29, 2020
, By Loren Moss
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Colombian Event Platform Rebus Raises $415,000 Seed Round

Rebus, a Colombian event and ticketing platform launched in 2017 and led by co-founder Juliana Villalba Torres, has raised $415,000 in seed funding from several angel investors, including Angel Ventures, Magma Partners, Enlaces, Quake Capital, Avalancha Ventures and several...
Posted On January 29, 2020
, By Loren Moss
JetSmart jet on the runway.
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Chilean Low-Cost Airline JetSmart Begins Service In Colombia

JetSmart Airlines has begun flying routes between Santiago, Chile and both Bogotá & Cali, Colombia
Posted On January 29, 2020
, By Loren Moss
left to right: Carlos Moreno, Latam Regional CFO of LafargeHolcim, Jochen Werling, Group CIO LafargeHolcim, Anibal Gaviria Correa, Governor of Antioquia, Daniel Quintero Calle, Mayor of Medellin and Alejandro Carballido Americas Digital Center Head LafargeHolcim.
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LafargeHolcim Expands Shared Services Center in Medellín: 1,000 New Tech Jobs

Swiss cement company LafargeHolcim (SIX: CHF) has announced that it expects to invest more than 10 million dollars and generate close to 1,000 jobs in the medium term, as it expands its Shared Services operations located in the Ruta N Innovation District of Medellín, Colombia.
Posted On January 29, 2020
, By Loren Moss
Continental Gold Buriticá grinding area construction underway
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Shareholders Overwhelmingly Approve Continental Gold Sale To Zijin Mining, >98% In Favor

Continental Gold Inc. has announced that, at a special shareholders meeting held today, its shareholders overwhelmingly approved the sale of the company to Zijin Mining Group, of China, voting over 98% in favor.
Posted On January 28, 2020
, By Loren Moss
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Avianca Flight Diverts To Panamá After Plane Damaged In Flight, 4 Hospitalized

Last Thursday, January 23, Avianca flight AV693 flying from San José, Costa Rica to Bogotá, Colombia had to land in Panamá City’s Tocumen International Airport after experiencing severe turbulence that sent 3 crew and 1 passenger to the hospital, and left the plane damaged.
Posted On January 28, 2020
, By Loren Moss
Colombia's finance minister, Dr. Alberto Carrasquilla
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Colombia Issues New Bond Offering To Refinance 2021 & 2024 Tranches

Colombia announced last week the commencement of a global "new bonds offering" of new global bonds to be denominated in U.S. dollars due in 2030, and additional global bonds to be denominated in US dollars due in 2049.
Posted On January 27, 2020
, By Loren Moss
gran colombia gold marmato segovia lawsuit
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In 2019, Gran Colombia Gold Broke Quarterly & Yearly Production Records

Gran Colombia Gold has announced that it produced a total of 22,391 ounces of gold in December and a new annual record of 239,991 ounces for 2019
Posted On January 27, 2020
, By Loren Moss
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MAPFRE Insurance Signs Deal With Banco Pichincha For Voluntary Insurance

Spanish insurer MAPFRE has entered into a strategic alliance with Banco Pichincha in Colombia to offer insurance products to the bank's customers.
Posted On January 27, 2020
, By Loren Moss
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