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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...

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.

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...

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,...

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...

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...

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...

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...

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,...

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...