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This month, the Inter-American Development Bank (IDB) priced a new $3.75 billion USD five-year global bond listed on the London Stock Exchange, the financial institution’s largest dollar-based five-year benchmark to date. According to the regional development bank, which is...

Once completed, the planted is expected to generate 13,900 megawatts of electricity per year, or 18% of the Colombia's power capacity.

The Inter-American Development Bank (IDB) today approved a $100 million USD assistance loan to help Colombia improve the nation’s environmental and socioeconomic sustainability. The loan is for a 13.5-year term “with a 13.5-year grace period and a LIBOR-based intere...

The loan will “give a big boost” to the massive 4G road construction project underway in Colombia.

"Fintech investments are on the rise in Latin America, growing 31%, in terms of dollars, and 81%, in terms of deal count, in 2016."

Sempli sees this as the first in a series of investments that will allow the online lender "to​ ​support​ ​this​ ​segment​ ​with​ ​more​ ​than​ $​50​ ​million USD."

The switch, which will formally take place on September 4, marks the first leadership change for the Bancoldex.

The proposed reforms will aim to solidify macroeconomic stability, boost development, encourage public/private partnerships, strengthen regulation, and promote financial inclusion.

Mejía, an economist, had been serving as deputy director of DNP and joined the agency in September 2012.

“Crime has reached alarming levels in many countries,” said Ana María Rodríguez of the IDB.