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Colombia ‘s mining and energy sector will strengthen the way it makes policy decisions and its administration of information for efficient services, as well as its controls and audit methods, with the support of the Inter-American Development Bank (IDB). An IDB loan of $30...

UPDATE: According to Colombia Reports, Chile’s Colbun drops out of bidding for Colombia’s Isagen on Monday, January 11, 2 days before the slated auction After a series of debates in Congress and conflicting positions between Colombian political parties, the Colombian...

Mauricio Cardenas Santamaria (pictured above), Minister of Finance and Public Credit in Colombia will be delivering a keynote address at Bonds, Loans & Derivatives Andes conference next month, February 23 & 24.  Speaking for the third consecutive year, the Finance...

Medellín’s newly elected mayor, Federico Gutierrez Zuluaga , upon taking office January first, immediately appointed engineer Jorge Londoño de la Cuesta (above) as the general manager of Empresas Publicas de Medellín (EPM), the multinational utility company directly owned by the...

Colombia will strengthen the quality, efficiency and citizen participation of fiscal controls with support from the Inter-American Development Bank (IDB). The IDB’s $30 million loan is designed to strengthen the Contraloría General de la Republica, the government...

Empresas Publicas de Medellín (EPM) the City of Medellín-owned multinational utility announced last week the signing of a $1 billion USD loan from a syndicate of banks in a club deal to fund growth plans in 2016, including the Ituango hydroelectric project. Bank of America and...

Colombia will reduce the gap in access to potable water, basic sanitation and electricity services along its Pacific coast with the assistance of a $231.4 loan from the Inter-American Development Bank (IDB). The Pacific coastal region has a population of 1.6 million people, about...

The Inter-American Development Bank (IDB) has unveiled the initial results of a new methodology to measure the costs of traffic congestion and improve understanding of how poor traffic mobility affects the economy and productivity of cities in Latin America and the Caribbean....

Fitch Ratings today has announced credit rating actions for Medellín, Colombia. As Colombia’s second largest city and economy, the rating action reflects Medellin’s financial strength, its importance in the national context as well as its manageable debt metrics. Key Rating...

The Inter-American Development Bank (IDB) has approved a $500 million loan that will support reforms of Colombia’s financial system and contribute to the economic growth of the country. The reforms are designed to promote an increase in financing for productive development,...