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Media Partnerships

//Finance Colombia is glad to support the efforts of event organizers domestically and internationally. We offer several different levels of collaboration based on your objectives & constraints.

Finance Colombia is glad to support the efforts of our event organizer partners domestically and internationally. We offer several different levels of collaboration based on your objectives & constraints.

Basic

Finance Colombia offers the following:

  • 728×90 OR 300×250 banner ad in rotation on all article pages and front page
  • 1 email announcing the event to our subscriber base before the event. You provide HTML
  • 12 social media posts: up to 1 per week, Facebook, Twitter, LinkedIn
  • 1 pre-event article announcing and promoting the event
  • 1 post-event article

 

You offer the following:

  • 3 all access media passes (editor, photographer, assistant) for events within Colombia, or 2 all access media passes for events outside of Colombia, including privileges of paid attendees (meals, event receptions, functions, etc.)
  • Prominent listing as media partner with our logo (and link on electronic media) on all print and electronic promotional materials, event programs, etc. including stage backdrops, and photographer’s curtains.
  • Table and suitable space to share our promotional material (primarily offering free subscriptions to attendees) and permission to offer free subscriptions to attendees
  • Airfare + Hotel to and from the event per our travel policy:
    • International, Bogotá: 1 hotel room (official event venue hotel) & 2 business class airfares
    • Rest of Colombia: 2 hotel rooms & 2 business class round trip fares
    • Events in Medellín do not require hotel room or air travel

Speaker / Moderator

We offer each other all of the above plus…

Finance Colombia offers:

  • 2 additional articles, promoting our participation, plus promoting the event (3 total).
  • 2 more promotional emails (up to 1 per month, maximum)
  • Cross platform promotion – banner ads on our other publications & social media channels as relevant: Finance Americas, Cognitive Business News, Lorenmoss.com, Unido Digital Media
  • Social media promotion, participation & engagement during the event
  • Active promotion of our participation via publisher & publication LinkedIn channels & groups, social media
  • Assistance & outreach (as necessary) with identifying & recruiting other speakers, invited guests & experts
  • Finance Colombia editors/publisher will  prepare and give relevant presentations and/or moderate up to 2 sessions, in English or Spanish

 

You offer:

  • Access to any VIP / optional extra-cost event functions
  • Full exhibit space during the event
  • 1 additional all-access exhibitor pass

 

Sponsor Package

We offer each other all of the above plus:

Finance Colombia offers:

  • Video and written interviews of speakers and/or organizers during the event (up to 5).
  • 12 additional social media posts (24 total)
  • 3 pre-event articles promoting the event, such as interviews with speakers
  • 3 (minimum) post-event articles highlighting the event’s success
  • Distribution of your content (such as white papers, reports, etc.) via Finance Colombia: Articles & banners with links to download
  • 2 additional email blasts (spread out, no more than 2 per month)

 

You offer:

  • $5,995 USD
  • 1 additional air fare & hotel room per above policy
  • Listing as silver level sponsor or above (or equivalent)

 

Additional Options

  • Keynote Speaker: Loren Moss, publisher of Finance Colombia will deliver opening or closing keynote presentation, researched and relevant to the event, English or Spanish $6,000 in addition to above – Speaker/Moderator or Sponsorship package
  • Outbound Marketing: A team of 3 of our bilingual outbound sales associates will contact and invite attendees to your event $11,000 USD / month

Use our easy contact form below, or the Whatsapp applet at the bottom right:

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Ecopetrol Huila colloidal dispersion gels injection plant (CDG) in its Dina Cretaceous field
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Ecopetrol Inaugurates Gel Injection Plant In Huila To Increase Crude Oil Extraction

In the Colombian department of Huila, Ecopetrol has begun operations of its colloidal dispersion gels injection plant (CDG) in its Dina Cretaceous field.
Posted On January 15, 2020
, By Loren Moss
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Fitch: LatAm Sovereigns Vulnerable To Next Downturn

Growth in public debt burdens and fiscal deficits in many Latin American countries over the past decade will undermine the ability of governments to respond to shocks and a sharper than expected global slowdown in 2020, says Fitch Ratings. Weakening fiscal dynamics have been a key driving factor in sovereign...
Posted On January 14, 2020
, By Loren Moss
Photo credit Felipe Balduino from Pexels
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Rappi Sued In US Federal Court For Misappropriation of Trade Secrets

Case number 4:2019cv07415 filed in the Northern District of California names Jorge Uribe, Jose David Mendoza, Mauricio Paba Serje and Jose David Mendoza Macanaz as plaintiffs against Rappi, Inc., RAPPI S.A.S. and Simon Borrero Posada.
Posted On January 14, 2020
, By Loren Moss
(Photo credit: Avianca)
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Avianca Takes $125 Million In Additional Debt From Citadel, Latin American Investors

Avianca’s  (NYSE: AVH; BVC: PFAVH)  today announced the funding of previously announced convertible secured debt financing in a total amount of $125 million USD. This financing is incremental to the $250 million convertible secured stakeholder facility loan by United Airlines Inc., (NASDAQ: UAL) and an affiliate...
Posted On January 13, 2020
, By Loren Moss
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Termocandelaria’s Proposed Bond Reopening Rated BB+ By Fitch

Fitch Ratings has assigned a ‘BB+’ rating to TermoCandelaria Power Ltd.’s proposed notes reopening of up to $200 million USD under its 7.875% senior unsecured notes due 2029. TermoCandelaria initially issued $410 million in senior unsecured notes in January 2019 to refinance its outstanding debt....
Posted On January 13, 2020
, By Loren Moss
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Vernon Arseneau Named Executive Director & COO of Royal Road Minerals

Royal Road Minerals Limited (TSXV:RYR) has announced the appointment of Vernon “Vern” Arseneau as Executive Director and Chief Operations Officer of the Company. Vern is a founding Director of Royal Road Minerals having served on the company’s board since its inception in 2010. Arseneau is a geologist with over...
Posted On January 13, 2020
, By Loren Moss
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Spirit Airlines Adds Flights Connecting Bucaramanga & Barranquilla To The US

Spirit Airlines (NYSE:SAVE) has announced the addition of two new destinations to its network in 2020, with service to Bucaramanga (BGA) and Barranquilla (BAQ) Colombia starting in April, subject to regulatory approval. Spirit flew its first flight to Colombia in May 2008, connecting Fort Lauderdale (FLL) to...
Posted On January 13, 2020
, By Loren Moss
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Atico Mining Liquidates Debt To 1st Debenture Holders From Toachi Acquisition

Atico Mining Corporation (TSX.V: ATY, OTC: ATCMF) has announced that it has repaid in full, its outstanding $1,347,875 CDN first tranche of the debenture facility payable to first debenture group holders. The debenture facility was assumed by the company as a result of the Toachi acquisition made in September of...
Posted On January 13, 2020
, By Loren Moss
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Álvaro Guillermo Rendón López Is Installed as New Head of EPM

Medellín’s new mayor Daniel Quintero appointed attorney Álvaro Guillermo Rendón López as the new general manager of Colombia’s largest utility company Empresas Públicas de Medellín, or EPM. Rendón was installed on January 2, replacing outgoing engineer Jorgé Londoño De La Cuesta, with a term running through 2023....
Posted On January 13, 2020
, By Loren Moss
Avianca Boeing 787 Dreamliner at Medellín's Airport
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Avianca Renegotiates Aircraft Commitments With Airbus, Boeing

Avianca has renegotiated its aircraft commitment and reduced upcoming deliveries with Airbus & Boeing
Posted On January 13, 2020
, By Loren Moss
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After Threats, Lime Follows Uber As The Latest Alternative Mobility Company To Give Up On Colombia

As Colombia’s government, apparently allied with sometimes violent taxi syndicates runs off mobility providers such as Uber and domestic company Picap, electric scooter provider Lime has announced that it is also abandoning its Bogotá foothold in a blog post by its CEO. This comes as Uber has announced plans to...
Posted On January 11, 2020
, By 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 a statement issued by the ministry...
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 emergency mining-related situations. For...
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 of Business Development and...
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. Caution: As of 13 January 2020,...
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 invented the Lovemarks marketing concept,...
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, Bogotá continues to receive most...
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 Department of Chocó to launch 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 Quintero, eyebrows are raised by this...
Posted On December 30, 2019
, By Loren Moss
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Inmobiliaria Bondue Issues $5 Million USD Credit Facility to Toronto Based CBD Developer Avicanna

Toronto based Avicanna Inc. (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN), a biopharmaceutical company focused on the development, manufacturing and commercialization of organic and sustainable plant-derived cannabinoid-based products, has announced last Friday that it has entered into a credit facility with Inmobiliaria...
Posted On December 30, 2019
, By Loren Moss
Sylvia Constain, Colombia's Minister of Information Technology & Communications (with microphone)
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Colombia Auctions Mobile Spectrum To 3 Bidders For $1.5 Billion USD

In an auction that raised 5 trillion pesos ($1.5 Billion USD), Colombia allocated mobile spectrum to operators America Movil (Claro) (NYSE: AMX, BMV: AMXL) and Millicom (Tigo) (NASD: TIGO, STO: TIGO SDB), and to British private equity investors Novator Partners. Telefónica’s (BME: TEF) Movistar was not awarded...
Posted On December 30, 2019
, By Loren Moss
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Considering Doing Business In Colombia or Latin America?

Leverage the expertise & on-the-ground experience of the publishers of Finance Colombia. The publisher of Finance Colombia, Loren Moss, backed by an experienced multinational team of professionals stands ready to place our over 15 years of in-country experience at your disposal to help you accomplish your...
Posted On December 29, 2019
, By Loren Moss
Bogotá, 27/12/2019 Foto: archivo, Nicolás Galeano - Presidencia
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Colombia’s President Signs Fiscal Stimulus Package Into Law

Colombia’s President Ivan Duque yesterday signed the Law 2010 of December 27, 2019 called the “Ley de Crecimiento Económico” or “Economic Growth Law” after it was approved by Colombia’s congress. The administration hopes the law will spur foreign direct investment and grow the country’s gross domestic product...
Posted On December 28, 2019
, By Loren Moss
One of Avianca new 787s at Medellin's Airport
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Standard & Poor’s Upgrades Avianca Holdings To ‘B-‘ From ‘SD’ & LifeMiles To ‘B+’ From ‘B-‘ On Debt Restructuring Completion

S&P Global Ratings last week raised its issuer credit rating to ‘B-‘ from ‘SD’ and its issue-level rating on the 9% senior secured notes due 2023 to ‘B-‘ from ‘CCC-‘ and the 8.375% senior unsecured notes due 2020 to ‘CCC+’ from ‘CC’ on...
Posted On December 28, 2019
, By Loren Moss
Video footage where SIC head Andrés Barreto rules Uber illegal in Colombia
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Colombian Government Issues Cease & Desist Order to Uber, But Uber Continues to Operate

Colombia’s commercial regulatory authority, the Superintendencia de Industria y Comercio (SIC), has ordered popular ride hailing platform Uber to cease operations in Colombia. So far Uber has rejected the order, indicates it is appealing, and continues to operate. Uber is very popular in Colombia, especially in...
Posted On December 28, 2019
, By Loren Moss
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Arturo José Galindo Andrade Appointed Co-Director Of Colombia’s Central Bank

Colombia’s President Iván Duque Márquez announced yesterday, from his Twitter account, the appointment of University of Los Andes economist Arturo José Galindo Andrade as the new co-director of the Banco de la República, Colombia’s Central Bank, replacing José Antonio Ocampo. “I have appointed the prestigious...
Posted On December 28, 2019
, By Loren Moss
President Duque announces new measures in the low-income Cartagena neighborhood of El Pozón during a Christmas gift handout event. Photo credit: Juan Pablo Bello – Presidencia de la República
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Colombia’s New Minimum Wage For 2020 Rises 6% To $877,803 Pesos Per Month

Colombia’s government has raised the minimum wage for 2020 by 6% to $980,657 Colombian Pesos ($298.92 USD) per month, including the transportation subsidy mandatory for employees making less than twice the official minimum wage. The minimum monthly salary will be set at $877,803 with a transportation subsidy of...
Posted On December 28, 2019
, By Loren Moss
Image by Finn Maxwell Cousineau from Pixabay
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Telefónica Sells 2,029 Mobile Towers In Ecuador & Colombia To Phoenix Tower International

After announcing a plan to move away from Latin American markets, Madrid based Telefónica (BME: TEF) has sold 621 Colombian mobile telephony towers to Florida-based Phoenix Tower International, and agreed to sell 521 more Colombian towers and 1,408 towers in Ecuador. In Colombia, Telefónica operates under the...
Posted On December 24, 2019
, By Loren Moss
Photo Credit Royal Road Minerals
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Mineros S.A. & Royal Road Minerals Announce Colombia Gold Mining Joint Venture

Royal Road Minerals Limited (TSXV:RYR) announced today that it has entered into a Letter of Intent with Mineros S.A. (BVC: MINEROS) in relation to the company’s Guintar and Niverengo concessions and its Margaritas title application (The “GNM Project) in Antioquia, Colombia. Mineros is a Colombian public...
Posted On December 23, 2019
, By Loren Moss
Carlos Ruiz is the new vice-minister for housing in Minvivienda
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Economist Carlos Alberto Ruiz Appointed Colombia’s Vice Minister of Housing

Minvivienda, Colombia’s ministry of housing has announced that 28 year old macroeconomics profesor Carlos Alberto Ruiz Martinez has been named the vice-minister in charge of housing for Colombia. Ruiz is an economist at Universidad Nacional (National University) and holds a masters degree in public...
Posted On December 23, 2019
, By Loren Moss
ETB bogota colombia
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Colombian Telecom ETB Announces Results of $400 billion COP Tender For Outstanding 7% Senior Notes Due 2023

Empresa de Telecomunicaciones de Bogotá S.A. E.S.P. announced earlier this month the final tender results in connection with its previously announced offer to purchase for cash up to $400,000,000,000 COP in aggregate principal amount of its outstanding 7.00% Senior Notes due 2023 dated November 1, 2019. Following...
Posted On December 23, 2019
, By Loren Moss
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GoldMining Closes On Acquisition of Yarumalito Gold Project

Vancouver based GoldMining Inc. (TSX: GOLD; OTCQX: GLDLF) has completed its indirect acquisition of the Yarumalito Gold Project located in Antioquia, Colombia. A GoldMining indirect subsidiary paid $200,000 CAD in cash and delivered 1,118,359 newly issued common shares of Goldmining to Newrange Gold Corp. in...
Posted On December 23, 2019
, By Loren Moss
P.A. Concesion Ruta Al Mar Colombia (Credit: P.A. Concesion Ruta Al Mar)
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Ruta Al Mar Behind Schedule, Fitch Rates Concession’s Senior Secured Notes BBB-, Outlook Remains Negative

Fitch Ratings has affirmed the ‘BBB-‘ and ‘AA+(col)’ ratings of the UVR-denominated senior secured notes of P.A. Concesion Ruta al Mar for up to $522 billion COP, due in 2044. The Ratings Outlook remains negative. Ratings Rationale The Negative Outlook continues to reflect the...
Posted On December 22, 2019
, By Loren Moss
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Gran Colombia Gold Files 43-101 Technical Report For Its Marmato Project

Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today that it has filed a preliminary economic assessment (“PEA”) technical report on its Marmato Project (the “Technical Report”) pursuant to Canada’s National Instrument 43‐101 – Standards of Disclosure for Mineral Projects (“NI 43‐101″)....
Posted On December 22, 2019
, By Loren Moss
oil drilling (Photo credit: Moni49 / Pixabay)
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Arrow Exploration Announces Q3 Results, Seeks Strategic Alternatives

Arrow Exploration Corp. (TSXV: AXL) has announced the filing of its 2019 third quarter unaudited financial statements and MD&A and the initiation of a strategic alternatives process. Third Quarter Financial and Operating Results Arrow Exploration’s Financial Statements and MD&A are available on SEDAR...
Posted On December 22, 2019
, By Loren Moss
Bancolombia in Medellín, Colombia.
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Bancolombia’s Proposed Tier 2 Subordinated Notes Rated Ba3(hyb) By Moody’s

Moody’s Investors Service has assigned a Ba3(hyb) rating to the proposed US Dollar-denominated contractual non-viability Tier 2 subordinated notes to be issued by Bancolombia S.A. (NYSE:CIB) of Medellín, Colombia. The notes will be due in 2029. The capital securities are Basel III-compliant, and their terms...
Posted On December 22, 2019
, By Loren Moss
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ProColombia Announces Over $1 Billion USD In New Foreign Direct Investment

With more than 1,000 business meetings held at Colombia’s recent Colombia Investment Summit 2019, Colombia’s national Investment Promotion Agency (IPA) ProColombia announced over $1 Billion USD in new foreign direct investment (FDI). These include an investment by the US conglomerate Glenfarne Group in a power...
Posted On December 22, 2019
, By Loren Moss
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Saudi Arabia Green-Lights Importation of Colombian Beef

The Kingdom of Saudi Arabia has granted phytosanitary certification for exports from four Colombian beef processors, allowing Colombian ranchers to tap into Saudi Arabia’s $400 million USD beef market. Red Cárnica S.A.S. from Córdoba (belonging to Athena Foods, of Minerva Foods); the Planta Ecológica de...
Posted On December 22, 2019
, By Loren Moss
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African Delegation Visits Medellín To Study Bicycle Transportation

Last month a delegation of functionaries from Kenya, Ghana & Ethiopia were in Medellín to understand the success Colombia’s second largest city has had in implementing bicycle friendly infrastructure in the city’s urban transport ecosystem. The mission participants studied how the public bicycle system...
Posted On December 22, 2019
, By Loren Moss
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Canacol Energy Is Now Producing & Marketing LNG In Colombia To Compete With CNG

Canacol Energy Ltd. (TSX: CNE; OTCQX: CNNEF; BVC:CNEC) has commenced the production and sale of liquified natural gas (“LNG”), the first such operation in Colombia.  Canacol Energy is also in negotiation with Galileo Technologies to form a joint venture which will install terminals at other locations in Colombia...
Posted On December 22, 2019
, By Loren Moss
LATAM Airlines Boeing 787-9 Dreamliner
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LATAM Airlines Selects Interpublic Group Subsidary As Global Marketing Agency

Interpublic Group (NYSE: IPG) has announced that Graphene, a customized team of talent and resources from a range of Interpublic Group agencies, led by McCann Worldgroup and IPG Mediabrands, has been selected by LATAM Airlines Group (NYSE: LTM) to continue as its global marketing agency. Graphene has served LATAM...
Posted On December 22, 2019
, By Loren Moss
old elderly woman
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Colombia’s Pension Reform Hampered By Political Tension

According to a new report by Colombia Risk Analysis, the debate underway over pension reform in Colombia is plagued with misinformation and confusion resulting from the current divisive political climate in the country, and conflicting objectives by various political actors. Current protests and strikes over a...
Posted On December 22, 2019
, By Loren Moss
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Gran Colombia Gold Breaks Gold Production Record In November

Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced Monday that it produced a new monthly record total of 21,835 ounces of gold in November, surpassing its previous best month in February earlier this year. This brings the total for the first 11 months of 2019 to 217,600 ounces, up 9% over the first 11...
Posted On December 11, 2019
, By Loren Moss
Lobo Tiggre
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Guest Editorial: It May Be Time To Reconsider Uranium Mining Securities

Uranium Crunch Time: Don’t Miss Out ‘Twas the night before the NFWG report, when all through the White House, all manner of creatures were stirring…” … but honestly, most had other things on their minds, like subpoenas and impeachment. Despite this, Donald Trump’s Nuclear Fuel Working Group (NFWG), following up on...
Posted On December 11, 2019
, By Lobo Tiggre
Water treatment Image by 后园 卓 from Pixabay
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Vostock Capital Releases New Report On Desalinization For Latin America

Vostock Capital´s team of analysts has prepared a report on the status of desalination industry in mining. The need for desalination in the mining sector continues to increase; today we see the existence of vast mineral reserves in Chile, Peru and other countries, with plans to develop mining projects for the next...
Posted On December 11, 2019
, By Loren Moss
Horacio Triana (courtesy Insight Crime)
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US Trial Sheds Little Light On Colombia’s Shady Emerald Mining Industry

The US court case of Horacio Triana, known as Colombia’s “emerald czar,” will focus on drug trafficking charges and is unlikely to shine a light on a complex web of links between the country’s emerald industry and a range of criminal interests. In November, Triana pled guilty before a Florida court on charges of...
Posted On December 11, 2019
, By Loren Moss
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Seedstars Selects 9 LatAm Startups During Medellín Summit To Compete Globally At Seedstars World In Switzerland

Global emerging market startup accelerator Seedstars has named its nine most promising startups from Latin Amercia in front of over 200 guests at Medellin’s Universidad Pontificia Bolivariana (UPB). These nine early stage companies will represent the region at the Seedstars Summit 2020 in Lausanne, Switzerland and...
Posted On December 11, 2019
, By Loren Moss
Colombia Vice President Marta Lucia Ramirez with Chevron Colombia President Marc Payne
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Chevron-Texaco Backed Women’s Empowerment Center Opens In Quibdó, Chocó

Quibdó is the capital of Chocó, Colombia’s largest Pacific-Coast department that is too often neglected by Colombia’s central government when it comes to investment, security and development. Though poverty-stricken and lacking development, Chocó is known for its natural beauty, diverse population of indigenous...
Posted On December 11, 2019
, By Loren Moss
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Accenture Launches NanoLab In Medellín’s Ruta-N

Last week Accenture (NYSE: ACN) opened its first NanoLab in Ruta-N in Medellín. The NanoLab will immerse local Accenture customers in the latest emerging technologies, including artificial intelligence, extended reality, quantum computing, robotics, cybersecurity, blockchain, among others, to help them understand...
Posted On December 11, 2019
, By Loren Moss
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The World Leadership Forum Continues To Grow as Medellín’s Premier Annual Leadership Event

November 26 and 27 saw the latest iteration of the World Leadership Forum in Medellín co-sponsored by WOBI and the Medellín mayor’s office, taking place in Medellín’s Plaza Mayor convention center. This year the event brought in seven globally recognized keynote speakers, and is organized by WOBI (World Of...
Posted On December 11, 2019
, By Loren Moss
Frontera Energy Quifa field Meta Colombia oil petroleum
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Frontera Energy Announces 2020 Capital Plan, René Burgos Diaz Joins Board of Directors

Frontera Energy Corporation (TSX: FEC) last week announced its full year 2020 capital plan and guidance information. According to the company, the 2020 plan and guidance has been developed with the following four key objectives: Delivering sustainable levels of production and reserves in Frontera’s core...
Posted On December 10, 2019
, By Loren Moss
Invenergy Woodville Solar Farm, photo courtesy Invenergy
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EPM Signs Renewable Energy Deal With Chicago-Based Invenergy For 500MW By 2025

Chicago based Invenergy, a privately held company that develops and operates sustainable energy solutions, Monday announced that it has executed a strategic partnership agreement with Empresas Publicas de Medellin (EPM) to develop, build, and operate large-scale wind and solar energy projects in Colombia. This...
Posted On December 4, 2019
, By Loren Moss
Protesters in the Colombian capital of Bogotá, Colombia: EEIM – CC BY-SA 4.0,
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Explainer: Why Are Colombians Protesting & Striking?

On November 21, massive protests took place throughout Colombia; the largest at least since 1977, over 40 years ago. Though limited labor union strikes and university student protests are fairly common in Colombia, this was a public action unseen in Colombia for at least two generations. Overwhelmingly peaceful...
Posted On December 2, 2019
, By Loren Moss
Photo credit - https://imgur.com/user/josemanueldaes
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Tecnoglass Delisting from Colombia’s BVC Stock Exchange, Remains Committed To NASDAQ

Colombia’s largest glass manufacturer Tecnoglass (NASD: TGLS; BVC: TGLSC) has announced that it will begin the process to delist ordinary shares from the “Bolsa de Valores de Colombia,” (BVC) Colombia’s principal stock exchange based in Bogotá. “As we have shifted from under 60% of sales in the U.S. in 2015, to...
Posted On December 2, 2019
, By Loren Moss
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Colombia’s President Ivan Duque To Tap Ecopetrol For $1 Billion USD To Fund Promises, Quell Protests

At the instruction of the Colombian President Ivan Duque’s finance ministry, Colombia’s state-controlled petroleum company, Ecopetrol (NYSE: EC, BVC: ECOPETROL) has called for an extraordinary meeting of shareholders for December 16th at 7:30am in Bogotá’s Corferias Convention Center to consider an...
Posted On December 2, 2019
, By Loren Moss
Decameron Barú Resort, Colombia
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Colombian Hotel Occupancy Sets Record For January – September 2019

Statistics announced by Colombia’s DANE statistics agency indicate that for the first 3 quarters of 2019, hotel occupancy reached a rate of 56.7%, and hotel revenues rose 11.7% over the same period the previous year, and the highest in the past 14 years. José Manuel Restrepo, Colombia’s minister of commerce,...
Posted On December 2, 2019
, By Loren Moss
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Colombia Reduces Import Duty On Heavy Trucks Powered By Natural Gas, Electric Vehicles

The Colombian government announced last week a reduction on the import duty against heavy trucks from 15% to 5%. The decree 2051 of November 13, 2019 was enacted, also setting the tariff as zero for the importation of electric vehicles. This rate will expire in 2027 and is subject to caps and quotas on the total...
Posted On December 2, 2019
, By Loren Moss
The Higabra Valley Tunnel at Continental Gold's Buriticá goldmine in Antioquia.
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Continental Gold Acquired By China’s Zijin Mining For $1.05 Billion USD

This morning, international mining companies Continental Gold of Toronto, Canada (TSX:CNL; OTCQX:CGOOF) and Zijin Mining Group Co. of Fujian China (SSE:601899; SEHK:2899)  have announced that Zijin is to acquire all outstanding shares of Continental at a price of $5.50 Canadian dollars per share in cash. The deal...
Posted On December 2, 2019
, By Loren Moss
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Chevron Sells Colombia Upstream Operations To Ecopetrol Subsidiary Hocol

US based petroleum supergiant Chevron-Texaco (NYSE: CVX) and Colombia’s state controlled Ecopetrol (NYSE: EC, BVC: ECO) Subsidiary Hocol have announced the inking of a deal for Hocol to acquire Chevron’s 43% stake and operational responsibility in the Asociación Guajira project, including interests in the Chuchupa...
Posted On November 29, 2019
, By Loren Moss
movistar colombia fine million ultramagic
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Telefonica Seeking To Spin Off Non-Brazil Latin America Operations

Spanish telephone company Telefónica (BME: TEF) announced this week in a letter to from the CEO that it intends to spin off its Spanish-language Latin America operations in order to focus on business in Spain, Brazil, Germany and the United Kingdom. According to the company in a statement shared with Finance...
Posted On November 29, 2019
, By Loren Moss
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Sickening Police Violence & Vandalism Tarnish Colombia’s Largely Peaceful Protests

Colombia’s National Strike that took place yesterday, November 21 was overwhelmingly peaceful—depending upon where one was. Medellín and Cartagena saw almost completely peaceful protests, while Cali saw incidents of violence, and predictably, Bogotá saw massive acts of vandalism against its Transmilenio and SITP...
Posted On November 22, 2019
, By Loren Moss
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Analysis: What does Colombia’s “Day of Rage” mean for Business & Politics?

Yesterday in Colombia the country saw massive protests in every major city and in many small towns and even rural villages. The marches, largely peaceful with some exceptions in Bogotá, Cali and some looting in the small, impoverished city of Buenaventura, were a perfect storm of discontent across a wide range of...
Posted On November 22, 2019
, By Loren Moss
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4th Annual Colombia Gold Symposium Solidifies Its Position As Most Important Gold & Copper Event For Colombia & Ecuador

The 2019 Colombia Gold Symposium was held once again last week from November 12-13 in Medellín’s Hotel San Fernando Plaza. The unique event brings together each year investors, operators, explorers and service providers in the gold, silver and copper mining sector across Colombia and Ecuador. The event, now in its...
Posted On November 18, 2019
, By Loren Moss
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Colombia’s Cacao Exports Reach Over 40 Countries, $78.7 Million USD

The number of exporters in Colombia’s Cacao sector continue to grow, as the country continues to work to improve the quality of the fruit, and to meet international quality and sustainability standards. During the Chocoshow held at the Corferias Convention Center in Bogotá, Vice Minister of Foreign Trade Laura...
Posted On November 18, 2019
, By Loren Moss
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Continental Gold Seeks Additional Financing, Continues Construction on Buriticá Mine

Continental Gold (TSX:CNL; OTCQX:CGOOF) has provided an update on its progress at its mine in Buriticá, Colombia, and financial status.  As of September 30, 2019, the company had $78.9 million USD in cash and cash equivalents (including $6.8 million in restricted cash). To reduce liquidity risk, they are actively...
Posted On November 18, 2019
, By Loren Moss
Ecopetrol oil and gas company headquarters in Bogotá, Colombia
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Ecopetrol Closes On Hydraulic Fracturing Joint Venture With Occidental Petroleum

Colombian state-controlled petroleum company Ecopetrol (BVC: ECOPETROL, NYSE: EC) has announced the successful closing of a transaction announced July 31, where Ecopetrol entered a joint venture with Occidental Petroleum (NYSE: OXY) to develop 97,000 acres of unconventional deposits in the Permian Basin of Texas....
Posted On November 18, 2019
, By Loren Moss
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Bogotá Real Estate Investor Habi Closes $5.5 Million Pre-Seed Round From Venture Capital Investors

Bogotá-based real estate company Habi today announced that it has closed a $5.5 million pre-seed round led by Tiger Global Management, with participation by investors Homebrew and Zigg. Reshape Holdings, FJ Labs, Supernode Ventures and other investors. According to its website, Habi offers to quickly purchase...
Posted On November 18, 2019
, By Loren Moss
banco de bogota banco de bogotá bancolombia colombia
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Grupo Aval’s Banco de Bogotá To Buy Panamá’s Multi Financial Group; Moody’s Says Outlook Remains Negative

Banco de Bogotá has reached an agreement with Multi Financial Group (MFG), Panama’s eighth largest banking group by assets, to acquire 100% of its common capital for about $730 million dollars in an all-cash transaction. The proposed acquisition will add $5 billion to Banco de Bogotá’s total assets of...
Posted On November 18, 2019
, By Loren Moss
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Colombian Government Accepting Bids For Registry Operation & Management of the .CO Top Level Domain

Colombia’s Ministry of Information Technology & Communications (MinTIC) has published information and documents related to the Dominio.Co project, instructions on submitting a proposal to manage and serve as the registrar for the .CO top level domain. US based Neustar purchased the current registrar, .CO...
Posted On November 18, 2019
, By Loren Moss
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Avianca Closes On $250 Million Convertible Loan From United Airlines & Kingsland International Group

Avianca has announced this morning in a filing with the US Securities & Exchange Commission (SEC) that it has closed on a $250 Million senior secured convertible loan agreement offered by US based United Airlines, and Kingsland International Group, controlled by Roberto Kriete of El Salvador. Terms of the loan...
Posted On November 18, 2019
, By Loren Moss
Casa del Marqués de Valdehoyos. Photo credit: Cancillería de Colombia
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Colombia, United States Hold Extradition Talks in Cartagena

Colombian and US officials met last week at the historic residence of the Marquis de Valdehoyos in Cartagena, Colombia for official talks titled “Consultations on Extradition and Mutual Legal Assistance to be held between the United States and Colombia.” The meeting was part of ongoing negotiations regarding...
Posted On November 18, 2019
, By Loren Moss
Ignacio Garralda is the chairman of Spanish insurer Mutua Madrileña
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Mutua Madrileña Takes 45% Stake In Colombia’s Seguros Del Estado

Spain’s Mutua Madrileña insurance company has purchased 45% of Colombia’s Seguros del Estado, a private insurance company operating in Colombia. Seguros del Estado claims the #2 ranking in property and casualty insurance in Colombia. Mutua Madrileña also acquired an option to take control of the company in 4...
Posted On November 18, 2019
, By Loren Moss
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Ecopetrol Purchases 21.43% Share Of Gulf of Mexico Deepwater Block From Chevron

Colombian state-controlled petroleum producer Ecopetrol’s (NYSE: EC, BVC: ECO) US subsidiary Ecopetrol America has reached an agreement with US petroleum supergiant Chevron Texaco (NYSE:CVX) to buy into the Mississippi Canyon Block 726 oil field located in US waters in the Gulf of Mexico. By selling participation...
Posted On November 10, 2019
, By Loren Moss
Photo courtesy National Police
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¡Gringo Loco! Florida Man Steals Taxi From Barranquilla Airport, Runs Over 2 Colombians, Nearly Lynched By Angry Mob

Colombia’s attorney general’s office has announced charges against John Joseph Gianino, who is accused of stealing a taxi from Barranquilla’s international airport (BAQ) while the driver was waiting on a fare, and during his attempted escape, crashed into several vehicles, running over a woman and child before...
Posted On November 6, 2019
, By Loren Moss
Tecnoglass Barranquilla plant
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Tecnoglass Reports Revenues Up 12%, To Present Tomorrow in Chicago At Baird Conference

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, today reported financial results for the third quarter ended September 30, 2019. The glass...
Posted On November 6, 2019
, By Loren Moss
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Colombia Leads The Global Financial Inclusion Microscope For 2nd Straight Year

 Colombia, Peru, Uruguay and Mexico lead the ranking of the Global Microscope on the environment for financial inclusion, an index that focuses on regulation, political strategies, and infrastructure to address this issue. In these four countries, financial inclusion is a priority and incorporates digital...
Posted On November 5, 2019
, By Loren Moss
Downtown Bogotá at Night El Turista
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Criminal Taxi Gangsters Targeting Foreigners Arrested In Bogotá

After 7 months of investigation, Colombia’s CTI, or bureau of investigation, complied sufficient evidence to order the capture of 8 suspects belonging to the “Los Calvos” gang (The Bald-heads). 7 of those 8 were taken into custody on October 30. They were charged with aggravated theft by IT device, and conspiracy....
Posted On November 5, 2019
, By Loren Moss
A soldier mans his security post in Cúcuta. (Credit: National Police of Colombia)
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Opinion: Latin Spring = Danger for Investors

Massive protests have erupted in Chile, Ecuador, and Bolivia. The potential for more in other Latin American countries has some folks calling it the Latin Spring. The causes of the outbreaks vary, but there’s a common thread and it spells danger for investors—and everyone.
Posted On November 4, 2019
, By Lobo Tiggre
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Colombia’s Attorney General Prosecutes Various Cases of Corruption In October’s Local & Departmental Elections

One week ago last Sunday, Colombian voters went to the polls to choose mayors, neighborhood councils, city councils, and governors. With some notable exceptions, elections were mostly peaceful unlike past decades, but typical localized cases of vote buying and corruption were uncovered and are being prosecuted by...
Posted On November 4, 2019
, By Loren Moss
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Colombian Agriculture Minister Seeks To Backtrack On Shark Finning Quota

Apparently upset by news reports in Finance Colombia and elsewhere, Colombia’s Minister of Agriculture Andrés Valencia Pinzón (above, black suit) has stated that the ministry’s recent resolution 350 of 2019 does not encourage shark finning, the practice of cutting off the fins of shark and leaving the fish to die....
Posted On November 4, 2019
, By Loren Moss
Avianca Holdings Boing 787 in Rionegro Fitch Ratings liquidity
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Fitch Rates Avianca’s Proposed Debt Swap At C/RR4

Fitch Ratings has assigned a ‘C’/’RR4’ rating to Avianca Holdings S.A.’s (NYSE: AVH; BVC: PFAVH) $550 million USD senior secured notes due 2020. These notes are being received in exchange for $550 million of senior unsecured notes due 2020. The new issuance will be secured by a pledge...
Posted On November 4, 2019
, By Loren Moss
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Colombia’s Constitutional Court Invalidation Of Tax Reform Package Unlikely To Have Significant Macroeconomic Impact

Colombia’s Constitutional Court invalidated several articles of the President Ivan Duque’s “Ley de Financiamiento” fiscal reform law that was approved at the end of 2018 declaring them unenforceable. This means that the government has until January 1 2020 to return to the previous taxation regime, or...
Posted On November 4, 2019
, By Loren Moss
Image by Fajrul Falah from Pixabay
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The Global Conspiracy Against Hydraulic Fracturing: Is It Active In Colombia?

On Bogotá’s famous Avenida Séptima (7th Avenue) in Colombia, about where it connects with 76th street near the Russian Embassy, a large mural was painted on a wall. The mural, since painted over, was graffiti art in opposition to “Fracking,” or Hydraulic Fracturing. Known within the petroleum industry as ...
Posted On November 3, 2019
, By Loren Moss
Photo courtesy US Embassy: Maria Victoria Angulo, Minister of Education of Colombia and Diane Jones, Principal Deputy Undersecretary for the U.S. Department of Education, signed the document benefiting the Afrocolombian population.
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US, Colombian Governments Sign Cooperation Pact To Benefit Afrocolombians, US HBCUs

In order to promote the development of African Descendent communities and strengthen ties between both countries, the Ministry of Education of Colombia and the Department of Education of the United States signed a memorandum of understanding on academic cooperation in higher education. The memorandum signed last...
Posted On October 31, 2019
, By Loren Moss
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US Embassy Consular Services To Be Offered In Medellín on November 19 – Appointment Required

To further assist U.S. citizens in Colombia, the U.S. Citizen Services section will be visiting Medellín on Tuesday, November 19, 2019. Embassy officials will accept passport applications (Renewals and replacements) or obtain information on how to participate in the upcoming 2020 US elections. To schedule an...
Posted On October 31, 2019
, By Loren Moss
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Colombian & US Authorities Dismantle Transnational Prostitution Ring

A joint effort by US and Colombian authorities have captured 9 people in Colombia, including Colombians and a US citizen, and 1 person in New York, charged with running a human trafficking, child prostitution and pornography operation across international borders. Multiple INTERPOL blue notices were activated...
Posted On October 31, 2019
, By Loren Moss
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Colombia’s Local Electoral Results: A Win For Moderates & Outsiders, A Defeat For Dynasties & Political Machines

Sunday’s local and gubernatorial elections in Colombia saw stunning defeats for the Centro Democratico, the political party of both current President Ivan Duque and former president Alvaro Uribe. Far left senator and former revolutionary militant Gustavo Petro also saw his hand picked candidate Holman Morris...
Posted On October 31, 2019
, By Loren Moss
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Structural Features Increase Risk in Latin American Securitizations, According to Fitch

Latin American securitization structures featuring pro-rata amortization and/or maturity risk may amplify uncertainty in cash flow allocation, resulting in greater dependence on credit protection and structural mechanics, says Fitch Ratings. Ratings for these structures are more sensitive to model inputs because...
Posted On October 31, 2019
, By Loren Moss
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Ecopetrol Takes Delivery Of Alseamar Submarine Drones

Colombian state-controlled petroleum giant Ecopetrol (NYSE: EC, BVC: ECO) has taken delivery of French-made submarine drones to help the company in its Caribbean petroleum exploration efforts. The drones are equipped with sophisticated chemical and physical sensors to allow it to “smell” markers that may indicate...
Posted On October 31, 2019
, By Loren Moss
The Hass Avocado is known for its wrinkled skin and smaller size.
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Colombia Avocado Exports Up 37.6%

In the first half of 2019, Colombia’s avocado exports are up 37.6% compared to the same period in 2018, according to ProColombia, Colombia’s export promotion agency, and DANE, the national statistics agency. This in contrast to a global increase in consumption of 3% according to the Euromonitor market research...
Posted On October 31, 2019
, By Loren Moss
Dr. Jorge Alberto García, a urogynecologist and vaginal cosmetic surgeon
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Medical Tourism in Colombia Continues To Increase With Minimally Invasive Surgery

According to statistics from Colombia’s Ministry of Commerce, Industry and Tourism (MinCIT), the country continues to see growth in the medical tourism sector, which includes both medically necessary and elective procedures. According to ministry data, perhaps 50,000 foreign patients visit Colombia for medical...
Posted On October 31, 2019
, By Loren Moss
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Malnutrition: 49% of Colombian Children Under 5 Suffer From Zinc Deficiency, According To New Study

A new study published in medical journal BMC Nutrition by researchers from Universidad del Rosario in Bogotá, Colombia and Nicklaus Children’s Hospital in Miami, Florida has found that half of Colombian children under 5 years old suffer from deficiencies in zinc, a metal and essential nutrient critical to health...
Posted On October 31, 2019
, By Loren Moss
Silky Shark
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Colombian Government Authorizes Harvesting of 30,200 Pounds of Shark Fins In Coming Year

The Colombian Government has just issued a resolution making it legal to harvest shark fins from several Shark species. Notably, the resolution specified harvest quotas of “shark fins’ apart from the shark in its entirety.
Posted On October 31, 2019
, By Loren Moss
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Ecopetrol Strikes Oil In La Paz Formation, Puerto Wilches, Santander

Colombian petroleum company Ecopetrol (NYSE: EC, BVC: ECO) has announced today that its exploratory well Flamencos-1 in Puerto Wilches, Santander, has encountered oil in the La Paz formation. The Ecopetrol well reached a depth of 8,561 feet (2,620 meters) and penetrated the La Paz formation between 7,465 and 8,263...
Posted On October 16, 2019
, By Loren Moss
Figure 3: Underground Channel Sampling Results from the Southwestern Portion of the Yaraguá System, Sublevel 1190
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Continental Gold Announces Sampling Results From Additional Drilling: More High Grade Gold & Silver

Continental Gold Inc. (TSX:CNL; OTCQX:CGOOF) has announced high-grade channel sampling assay results from six development drifts being prepared as part of the underground construction at its Buriticá project in Antioquia, Colombia. Development of the Buriticá project remains on schedule with mechanical completion...
Posted On October 15, 2019
, By Loren Moss
Photo: Frontera Energy's oil operations in Quifa, Colombia.
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Frontera Energy To Announce Q3 Results, Colombia Production Remains Steady

Frontera Energy Corporation (TSX: FEC) has delivered estimated third quarter 2019 production of 70,200 boe/d (barrels of oil equivalent per day) in-line with 2019 year to date production of 70,820 boe/d, both of which are above the high end of Frontera’s annual production guidance range of 65,000 to 70,000...
Posted On October 15, 2019
, By Loren Moss
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Ecopetrol: Asphalt Sales Surge 47% Over 1H 2018

Colombian petroleum company Ecopetrol (NYSE: EC, BVC: ECO) has announced that for the first half of 2019, asphalt sales have reached 212,888 tons, representing an increase of 47% over the same semester of 2018, and the highest amount in the past 3 years. The company attributes the sales volume to the reactivation...
Posted On October 15, 2019
, By Loren Moss
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