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This morning in a New York court, a judge issued summary judgement affirming Kingsland Holding’s control of Avianca, after industrialist Germán Efromovich defaulted on loan payments to United Airlines collateralized by Efromovich’s stake in Avianca Holdings (NYSE:...

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...

Bayport Colombia, a “libranza” (payroll loan) company, executed a secured credit agreement for up to USD $150 million with a syndicate consisting of a Cerberus Capital Management affiliate, JPMorgan Chase Bank, and a large Canadian institutional investor. The syndicate was led by...

In the first half of 2019, 82,549 International visitors arrived in Colombia through Colombia’s Atlantic coastal city of Barranquilla. According to Colombia’s Ministry of Commerce, Industry & Tourism (MinCIT), this is an increase of 9.7% over the same period in 2018. 538,260...

Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today that it produced a total of 18,710 ounces of gold in August bringing the total for the first eight months of 2019 to 155,359 ounces, up 8% over the first eight months of 2018. Gran Colombia’s trailing 12 months’...

The 5th version of the “Siembra Negro” Festival launches today and runs through September 14th, in Coquí, a village outside of the coastal town of Nuquí on Colombia’s Pacific coast best known as a launching point for whale watching and ecotourism. The Ministry of Commerce,...

Colombian low-cost airline Viva Air and travel technology platform Amadeus (MSE: AMS) have announced a distribution deal today whereas Viva Air will make its domestic and international flights, as well as negotiated fares, bookable in all Amadeus points of sale. The fares will be...

Data from the first half of 2019 indicating that Colombia is on track to meet its 2019 fiscal target without one-off asset sales is a positive development, but meeting the 2020 target could be challenging, says Fitch Ratings. The risks to fiscal consolidation and to the...

Wayúu indigenous leader Monica Barros tells Finance Colombia what multinationals must do to make profits in harmony with communities and the land

Colombian President Ivan Duque was present in Cartagena today to give the opening address to ANDICOM, Colombia’s largest and most important ICT (Information & Communications Technology) event. Duque announced the creation of an entrepreneurial ecosystem initiative led by...