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//Inter-American Development Bank
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Colombia Gets $15 Million USD Loan From The IDB TO Strengthen Public Sector Management

Colombia will advance in the modernization of public management through the implementation of an innovative Government Center (Smart Delivery Unit) that will incorporate cutting-edge technologies to support evidence-based decision-making processes with a $15 million loan approved...
Posted OnSeptember 1, 2019
, ByLoren Moss
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Cabify Secures $70 Million USD Loan from IDB Invest

The financing will allow Cabify to reinforce its activity in favor of its smart cities agenda, reducing mobility costs, and improving the lives of citizens," said IDB Invest.
Posted OnFebruary 8, 2019
, ByEditorial Staff
Photo: Felipe Llano and Esteban Velasco, co-founders of Sempli, in Medellín. (Photo credit: Sempli)
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Colombian Digital Lending Fintech Sempli Receives $5.7 Million USD in Funding from BID LAB, Oikocredit

"We have learned from our clients that responsible debt is crucial to enabling them to grow their operations consistently," said Esteban Velasco, cofounder of Sempli.
Posted OnNovember 1, 2018
, ByJared Wade
colombia 4G highway 4G infrastructure
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Colombia Secures $523 Million USD in Financing for ‘Ruta de Cacao’ Roadway Project in 4G Program

This is now the 14th project to receive funding within the 4G program and the first to close financing since President Iván Duque took office in August.
Posted OnOctober 31, 2018
, ByJared Wade
Bogotá fitch ratings downgrade city real estate property value rental
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Bogotá Recognized for Excellence in Social Innovation

Bogotá was recognized for its "Laboratory of Innovation for Social Organizations” initiative that has helped promote citizen participation.
Posted OnAugust 30, 2018
, ByJared Wade
President Iván Duque (far left) meets with Defensoría del Pueblo head Carlos Negret and the DPC staff. (Photo credit: Defensoría del Pueblo / DPC)
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Colombia to Use $18 Million USD Loan to Strengthen Governmental Ombudsman Office

The Inter-American Development Bank loan will be used on tech tools, management models, and improving the quality of citizen services.
Posted OnAugust 9, 2018
, ByJared Wade
Colombian peso Colombia peso Colombia inflation (Credit: Jared Wade)
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IDB Invest Issues Local Currency Bond in Colombian Pesos Equivalent to $50 Million USD

The bond aims to attract international finance to the region and "meet the growing demand of clients in local currencies," said IDB Invest.
Posted OnAugust 3, 2018
, ByJared Wade
bogota metro transmilenio colombia bogotá elevated (Image credit: Bogotá Mayor's Office)
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Bogotá Secures $600 Million USD Line of Credit for Elevated Metro, Public Transportation Infrastructure

The bank says that "the elevated metro can help save up to $61 million USD in investments per kilometer and its operation will cost 28% less than an underground system."
Posted OnAugust 1, 2018
, ByJared Wade
The Port of Barranquilla. (Photo credit: Puerto de Barranquilla)
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Colombian Exports Jump 13.9% in First Quarter of 2018

Among South American nations, only Chile (up 24.3%), Bolivia (21.9%), and Uruguay (16.1%) outperformed Colombia this quarter.
Posted OnMay 24, 2018
, ByJared Wade
colombia social impact bond inter-american development bank
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Bancóldex Issues $100 Million USD in Bonds to Finance Projects with Social Benefits in Colombia

Colombia’s Commerce Minister María Lorena Gutiérrez said last week that the issuance could be later be extended by another $35 million USD.
Posted OnMay 24, 2018
, ByJared Wade
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RECENT

POPULAR

COMMENTS

What Jumps Out: Where Is Everyone Going?

Posted On April 9, 2021
medellin colombia

Medellín Selected As Co-Headquarters For World Economic Forum G20 Smart Cities Alliance Initiative

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