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Colombia has identified 9 priority markets in Africa as non-energy exports surge to $296.5 million USD amid new diplomatic outreach.

Ricardo Roa's appointment to head the state-controlled petroleum giant came after he managed Gustavo Petro's presidential campaign.

Until now, Colombia's current president has not been seriously tied to narcotics, however he once belonged to a homicidal guerilla group.

The first round of voting will take place on May 31. If no candidate secures a majority, a runoff between the top two will be held on June 21

The charges come as Ecopetrol faces scrutiny over corporate governance and reporting of petroleum reserves.

The largest forces in Colombia’s new Congress will be the left-wing Pacto Histórico with 22% of the vote, and the right-wing Centro Democrático with 15%. The next president will likely have to govern through coalitions and alliances.

President Petro’s new decree expands the territorial reach of Nueva EPS, a mixed public-private health insurer under government intervention.

Colombia’s Congressional elections this Sunday, March 8 are critical, as they will determine the legislators responsible for shaping the country’s laws over the next four years.

The trade conflict started last month when Ecuador's President Daniel Noboa imposed tariffs as a complaint over Colombia's alleged failure to address security concerns.

Colombian President Gustavo Petro's decreed 23% raise in the country's minimum wage may now be rescinded for failing to follow laws mandating limits for such measures.