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The project, led by Spanish firm Sacyr covers 128 km including new roads, bypasses, upgrades, and maintenance of 244 km of roadway.

27 businessmen and 19 investors joined ACI Medellín’s roundtable, creating 127 business appointments in Antioquia’s investment event.

The big question is what Fitch (BBB-) & Moody's (Baa2) chose to now do. Will they wait to see what is contained within 'Tax Reform II' when it is resubmitted? The issue is that there is little clarity on when that will be. Congress will shut down for the holidays in just over a...

Despite travel fears, ColCapital's Private Equity Congress of The Pacific Alliance was at capacity attendance last week, taking place in Bogotá's Club El Nogal.

Bancoldex, Colombia’s development bank, has announced a new $50 million line of credit for microenterprises and small businesses to finance projects that reduce greenhouse gases, adapt to climate change, or mitigate environmental impact. The credit like has a term of up to 3...

Sempli, the Colombian online lending platform for small businesses, announced this week that it has secured $8 million USD in Series A venture capital, the round being led by Oikocredit and Incofin CVSO. Existing and new investors joined the round, including BID LAB (The...

Bancoldex's "ratings and outlook should move in, line with any potential change in Colombia's ratings," said Fitch.

While the full details are yet to emerge, the plan is to offer the exemption to companies that will generate a set minimum number of jobs.

This figure represents an 11% uptick in the number of new entrants to the system compared to the 999,000 people who secured financial products for the first time in 2016.

Colombia’s Commerce Minister María Lorena Gutiérrez said last week that the issuance could be later be extended by another $35 million USD.