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//PressRelease – Edited & Rewritten From Contributed Information Submitted to Finance Colombia
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Fitch Ratings Affirms ETB At BB+ With A Stable Outlook

Fitch Ratings has affirmed Empresa de Telecomunicaciones de Bogota S.A.’s (ETB) Long-Term Foreign Currency and Local Currency Issuer Default Ratings (IDRs) at ‘BB+’ with a stable rating outlook. The rating affirmation reflects ETB’s positive EBITDA...
Posted On March 12, 2019
, By Loren Moss
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Royal Road Minerals Inks Deal To Purchase AngloGold Ashanti’s Colombian Exploration Assets

Royal Road Minerals Limited (TSXV:RYR), a Canadian mining operation trading on Toronto’s TSX Venture Exchange announced last week that it has entered into a definitive stock purchase agreement  with Compañía Kedahda Limited, an affiliate of AngloGold Ashanti Limited to...
Posted On March 12, 2019
, By Loren Moss
Figure 2 – Stope Areas 5 and 6 located in the Western Portion of the Veta Sur System at 1,593 RL
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Continental Gold Announces High-Grade Gold Channel Sampling Results from Stope Development Drifts at Buriticá Mine

Toronto based Continental Gold Inc. (TSX:CNL; OTCQX:CGOOF) has announced high-grade assay results from 12 stope development drifts as part of the underground construction at its 100%-owned Buriticá project in Antioquia, Colombia. Development of the Buriticá project remains on...
Posted On March 12, 2019
, By Loren Moss
Tecnoglass Barranquilla plant
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Tecnoglass Reports Record Profits For 2018, Half-Billion Dollar Order Backlog

Barranquilla based Tecnoglass (NASDAQ:TGLS) (BVC:TGLSC), Colombia’s leading manufacturer of architectural glass, windows, and associated aluminum products for the global commercial and residential construction industries, last week reported financial results for the fourth...
Posted On March 12, 2019
, By Loren Moss
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Colombia-Based Tecnoglass Announces Joint Venture with Saint-Gobain, New Glass Factory

Today, Tecnoglass Inc. (NASDAQ: TGLS), the largest Colombian manufacturer of architectural glass, windows, and associated aluminum products for the global commercial and residential construction industries, announced that it has entered into a joint venture agreement with French...
Posted On January 11, 2019
, By Loren Moss
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Brian O’Neill Appointed as Executive Vice President at Inter-American Development Bank

O’Neill has some short-term experience with the IDB, serving as acting U.S. director for a five-month stint in 2008 during his time working for the U.S. Treasury.
Posted On December 20, 2018
, By Editorial Staff
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Cargill Continues Investing in Colombia with Campollo Purchase

The move comes 18 months after Cargill purchased Pollos Bucanero in June 2017, indicating Cargill’s significant interest in the Colombian market.
Posted On December 3, 2018
, By Loren Moss
gran tierra energy colombia oil colombian peso geopark Orinoquia Capital frontera energy pacific exploration and production
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Frontera Energy Completes Consent Solicitation to Amend Indenture for 2023 Senior Notes

Frontera Energy said future moves "may include accelerating or increasing share buyback programs, dividend payments, and investments."
Posted On November 26, 2018
, By Editorial Staff
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Emerging Markets Will Continue to Face Sovereign Pressure in 2019, Says Fitch

The key sources of the pressure on emerging markets (EMs) over the summer remain in place, Fitch Ratings says in a new report. The impact of tighter US monetary policy, a strengthening dollar, and risks to global trade and growth will continue to be felt in 2019. EM...
Posted On November 19, 2018
, By Loren Moss
Photo: Felipe Llano and Esteban Velasco, co-founders of Sempli, in Medellín. (Photo credit: Sempli)
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Colombian Digital Lending Fintech Sempli Receives $5.7 Million USD in Funding from BID LAB, Oikocredit

"We have learned from our clients that responsible debt is crucial to enabling them to grow their operations consistently," said Esteban Velasco, cofounder of Sempli.
Posted On November 1, 2018
, By Jared Wade
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