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Almost simultaneously with a ruling against Uber, Supertransporte, the enforcement organ of Colombia’s Ministry of Transportation (above photo) has ordered the liquidation of CAP Technologies S.A.S.; the company behind the Picap brand of mobility, a local alternative to Uber. In...

Finance Colombia’s Executive Editor Loren Moss was fortunate enough to sit down with Kevin Roberts when he was in Colombia for the WOBI World Leadership Forum last month. Kevin is the former chairman of global advertising agency Saatchi & Saatchi where he invente...

Colombia’s economy continues to grow, and the country attracts more foreign direct investment every year. Just this October, over a billion US dollars in FDI was announced at investment Promotion Agency ProColombia’s 2019 Investment Summit. Colombia’s capital of 9 million souls,...

Finance Colombia has learned that Jorge Londoño De la Cuesta has resigned his post as head of Empresas Públicas de Medellín (EPM), the country’s largest energy provider. Though it was expected De la Cuesta would be replaced by the incoming administration of mayor-elect Daniel...

Vancouver based GoldMining Inc. (TSX: GOLD; OTCQX: GLDLF) has completed its indirect acquisition of the Yarumalito Gold Project located in Antioquia, Colombia. A GoldMining indirect subsidiary paid $200,000 CAD in cash and delivered 1,118,359 newly issued common shares of...

Moody’s Investors Service has assigned a Ba3(hyb) rating to the proposed US Dollar-denominated contractual non-viability Tier 2 subordinated notes to be issued by Bancolombia S.A. (NYSE:CIB) of Medellín, Colombia. The notes will be due in 2029. The capital securities are...

Last month a delegation of functionaries from Kenya, Ghana & Ethiopia were in Medellín to understand the success Colombia’s second largest city has had in implementing bicycle friendly infrastructure in the city’s urban transport ecosystem. The mission participants studied...

Global emerging market startup accelerator Seedstars has named its nine most promising startups from Latin Amercia in front of over 200 guests at Medellin’s Universidad Pontificia Bolivariana (UPB). These nine early stage companies will represent the region at the Seedstars...

Last week Accenture (NYSE: ACN) opened its first NanoLab in Ruta-N in Medellín. The NanoLab will immerse local Accenture customers in the latest emerging technologies, including artificial intelligence, extended reality, quantum computing, robotics, cybersecurity, blockchain,...

November 26 and 27 saw the latest iteration of the World Leadership Forum in Medellín co-sponsored by WOBI and the Medellín mayor’s office, taking place in Medellín’s Plaza Mayor convention center. This year the event brought in seven globally recognized keynote speakers, and is...