Finance Colombia » 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 On September 1, 2019

, By Loren 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 On February 8, 2019

, By Editorial 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 On November 1, 2018

, By Jared Wade

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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 On October 31, 2018

, By Jared 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 On August 30, 2018

, By Jared 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 On August 9, 2018

, By Jared 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 On August 3, 2018

, By Jared 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 On August 1, 2018

, By Jared Wade