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CFO Santiago Giraldo: “We see our business performing exceptionally well in a challenging market with share gains driving double-digit organic growth."

"After receiving their remittance in Nequi, users can use the app to send money to other people, make digital and physical payments," said Maria del Pilar Correa of Nequi.

The entry fee will cost Canadians 256,000 Colombian pesos and is being imposed in line with the international norm of "reciprocity," according to Migration Colombia.

The depressed climate has lowered expectations that the energy generation system will realize the new capacity required to meet demand in the "medium term," per the agency.