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//Loren Moss
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Apparently At War With Alternative Transportation, Duque Administration Orders Liquidation of Picap Ride Hailing Service

Almost simultaneously with a ruling against Uber, Supertransporte, the enforcement organ of Colombia’s Ministry of Transportation (above photo) has ordered the liquidation of CAP Technologies S.A.S.; the company behind the Picap brand of mobility, a local alternative to Uber. In...
Posted On January 11, 2020
, By Loren Moss
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Uber To Cease Operations In Colombia At Month’s End

Uber will cease services in Colombia on midnight, January 31. This comes after Colombia’s commercial regulatory authority, the Superintendencia de Industria y Comercio (SIC) ordered Uber to cease operations in Colombia.
Posted On January 10, 2020
, By Loren Moss
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Continental Gold’s All Women’s Mining Team Excels At Colombian Mine Rescue Olympic Games

Continental’s team has now qualified for the 12th International Mines Rescue Competition in West Virginia Continental Gold’s (TSX: CNL) Buriticá, Antioquia-based emergency mine rescue teams excelled at the Colombian Mine Rescue Olympic Games, competing in simulated...
Posted On January 6, 2020
, By Loren Moss
Frontera Energy Oil and Gas (Photo credit: generatorpowerproducts / Pixabay)
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Arrow Exploration Renegotiates Debt, Appoints Canacol VP To Board of Directors

Carrao Energy parent Arrow Exploration Corp. (TSXV: AXL) has announced that it has negotiated an amendment and extension to its $5 million USD promissory note with Canacol Energy Ltd. (TSX: CNE, BVC: CNE.C, OTCQX: CNNEF) Under terms of the amended note, Arrow agreed to appoint VP...
Posted On January 6, 2020
, By Loren Moss
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Colombian Juice & Chocolate Vendor Kasa Wholefoods S.A.S. To Be Purchased By Canada’s Flora Growth Corp.

Canada based Flora Growth Corp. has announced that it has entered into a letter of intent to acquire a 90% equity interest in Colombian juice producer Kasa Wholefoods Company S.A.S. Kasa produces exotic Amazonian fruit juices and chocolates under the “Mamba” brand in Colombia....
Posted On January 6, 2020
, By Loren Moss
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Interview: Ad Mogul Kevin Roberts Talks About Exploring Colombia, Lovemarks & The Coming Death of Agencies

Finance Colombia’s Executive Editor Loren Moss was fortunate enough to sit down with Kevin Roberts when he was in Colombia for the WOBI World Leadership Forum last month. Kevin is the former chairman of global advertising agency Saatchi & Saatchi where he invente...
Posted On January 6, 2020
, By Loren Moss
One of several roller coasters at Parque del Cafe in Colombia's Eje Cafetero (Photo credit: Liliana Padierna)
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4 Attractive Colombian Business Locations You’ve Probably Overlooked

Colombia’s economy continues to grow, and the country attracts more foreign direct investment every year. Just this October, over a billion US dollars in FDI was announced at investment Promotion Agency ProColombia’s 2019 Investment Summit. Colombia’s capital of 9 million souls,...
Posted On January 4, 2020
, By Loren Moss
The International Narcotics Control Board (
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UN Board Allocates To Colombia 56.5 Ton High-THC Regulated Marijuana Production Quota

The UN body allocated 131,000 pounds of dried marijuana flower production to Colombia, 21.84% of the entire world total.
Posted On December 30, 2019
, By Loren Moss
Colombia's President Ivan Duque (l) with Dr Mabel Torres, the new Minister of Science, Technology & Innovation
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Dr. Mabel Gisela Torres Named Colombia’s 1st Minister of Science, Technology and Innovation

Colombia’s President Ivan Duque today named Bahía Soláno, Chocó native Mabel Gisela Torres Torres PhD as Colombia’s new minister of Science, Technology & Innovation. Torres is a scientist from Colombia’s Pacific Coast who after 9 years of study abroad, returned to the...
Posted On December 30, 2019
, By Loren Moss
Jorge Londoño De la Cuesta is the former CEO of EPM
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CEO Jorge Londoño Resigns From EPM

Finance Colombia has learned that Jorge Londoño De la Cuesta has resigned his post as head of Empresas Públicas de Medellín (EPM), the country’s largest energy provider. Though it was expected De la Cuesta would be replaced by the incoming administration of mayor-elect Daniel...
Posted On December 30, 2019
, By Loren Moss
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