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Fitch Ratings has downgraded Colombia's Long-Term Foreign Currency Issuer Default Rating (IDR) to 'BBB-' from 'BBB'. The Rating Outlook remains Negative.

Today, mechanical engineer Armando Zamora Reyes (above, left) was sworn in as president of Colombia’s National Hydrocarbons Agency by Minister of Mines and Energy, María Fernanda Suárez Londoño

Catalina Restrepo has spent just a year and a half at the helm of ACI Medellín, the city’s investment promotion agency. Still, in that time she has been able to leaver her mark and create a legacy. As the current mayoral administration comes to the  close of its four year term,...

Austral Re and Terra Brasis Re announced today that they have signed an investment agreement to merge their activities. This union will result in the second-largest Brazilian reinsurer in terms of reinsurance premiums underwritten (R$ 672 million in combined gross premiums...

Australis Partners, an independent private equity firm focused on Latin America, in association with Caisse de dépôt et placement du Québec (CDPQ), a Canadian institutional investor and the International Finance Corporation (IFC), a member of the World Bank Group, today finalized...

Latin America's ability to end extreme poverty and boost prosperity will depend "to a very large degree on the social inclusion of Afro-descendants," says the World Bank.

This figure is identical to a recent forecast from the central bank and represents an improvement from the disappointing 1.8% registered in 2017.

"Being part of this organization will allow Colombia to adopt better public policies, which will contribute to overcoming the large gaps in terms of competitiveness.”

Mortgages only represent 7% of GDP in Colombia, a lower rate than in many other Latin American countries.

The IFC DigiLab for Latin America and the Caribbean will look toward “helping businesses respond to new digital trends in the market."