Medellín based SURA Asset Management and Peru’s Credicorp Capital have announced a strategic alliance creating a new fund in order to invest $1.3 billion COP (approximately $400 million USD) in Colombia’s “fourth generation” (4G) roadway infrastructure projects. The...
Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC), formerly known as Pacific Rubiales, has announced the start of operations of Puerto Bahía port facilities in Cartagena, Colombia. The multimodal terminal officially started liquid and general bulk transport...
Although small and medium-sized enterprises (SME) are the main driving force behind the economy of Latin America and the Caribbean, their main barrier to growth is a lack of access to resources. The financing gap for SMEs in the region is estimated at between $210 billion and...
Above photo: Serge Elkiner, CEO of Yellow Pepper Yellow Pepper, the first Latin American mobile financial company to receive a World Bank IFC (International Financial Corporation) equity investment, has launched Yepex, Latin Americas’ first “smart wallet” with functionality...