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City of Medellín.
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Medellín Attracted $150 Million USD in Foreign Direct Investment During 2024

The technology sector drives Medellín's growth, accounting for 56% of projects, attracting global firms with talent and strategy.
Posted On April 15, 2025
, By Editorial Staff
Karen Abudinen defends herself before Colombia's Congress (Photo: MinTIC)
1

Colombia’s Minister of Information & Communications Technology Resigns Amid $280 Million Dollar Children’s Internet Scandal

Minister Karen Abudinen has resigned to the metaphorical cemetery she promised during an April television interview. Though no one has accused her so far of criminal wrongdoing, questions remain as to how her office could fall victim to a quarter billion US dollar fraud without...
Posted On September 11, 2021
, By Loren Moss
Alphacredit is a brand of Alpha Holdings
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AlphaCredit Parent Files For Bankruptcy

Last April, the company announced that it would restate its financials for 2018 and 2019 to correct an error in Alpha Holding’s derivative positions. Soon the company had to announce that it found additional accounting errors that would lead to material restatement of other...
Posted On August 2, 2021
, 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...
Posted On November 18, 2019
, By Loren Moss
Avianca ATR 72-600
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Avianca Sells Regional Airline Subsidiaries in Nicaragua & Costa Rica

Avianca Holdings S.A.,  (NYSE: AVH) (BVC: PFAVH), through its subsidiaries Grupo Taca Holdings Limited and Nicaraguense de Aviacion S.A., closed the sale of its shares in Turboprop Leasing Company Ltd., parent company of the Costa Rican airline Servicios Aéreos Nacionales S.A...
Posted On June 13, 2019
, By Loren Moss

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