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//world bank
gran colombia gold marmato segovia lawsuit
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Canadian Mining Company Gran Colombia Gold Reportedly Files $700 Million USD Lawsuit Against Colombia

Gran Colombia's massive lawsuit alleges that the local government failed to evict illegal miners from their sites of operations in Marmato and Segovia.
Posted On April 14, 2017
, By Jared Wade
JOSÉ ANTONIO OCAMPO
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President Santos Appoints José Ocampo to Central Bank Board

Replacing César Vallejo, the respected economist Ocampo will be one of the seven board members to vote during the next Banco de la República meeting in March.
Posted On March 2, 2017
, By Jared Wade
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Colombia’s GDP Grew by 2.0% in 2016, the Lowest Rate Since 2009

The slow growth in 2016 marks only the second time since 2002 that the Colombian economy has expanded by less than 3.0%.
Posted On February 24, 2017
, By Jared Wade
fertilizer colombia IFC yara international international finance corporation
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IFC Grants $150 Million USD Loan to Yara International for Fertilizer Projects in Colombia, Brazil, and Zambia

Some of the funds will be devoted to improving fertilizer production, warehousing, and distribution in Colombia.
Posted On February 17, 2017
, By Jared Wade
Banco de la Republica, the central bank of Colombia, in Bogotá.
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Central Bank Downgrades Forecast for Colombia’s 2016 GDP Growth to 2% and Expects the Same in 2017

"The slowdown in output and lower external imbalance reflect the adjustment required in the Colombian economy," said the central bank.
Posted On November 4, 2016
, By Jared Wade
canada colombia Justin Trudeau
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Canada Pledges $57.4 Million in Aid for Post-Conflict Colombia

Canada's pledge is the latest in a series of international commitments, including a $450 million USD commitment from the United States.
Posted On July 12, 2016
, By Jared Wade
cartagena port
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World Bank Ranks Colombia 94th Among All Countries in Trade Logistics

"There is no trade without logistics, and poor logistics often means poor trade," writes Anabel González of the World Bank.
Posted On June 30, 2016
, By Jared Wade
Bogotá - Villavicencio © Loren Moss
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Sura Asset management & Credicorp Capital Lauch Investment Vehicle To Fund Colombia’s 4G Highway Infrastructure Program

Medellín based SURA Asset Management and Peru’s Credicorp Capital  have announced a strategic alliance creating a new fund in order to invest  $1.3 billion COP (approximately $400 million USD) in Colombia’s “fourth generation” (4G) roadway infrastructure projects. The...
Posted On February 28, 2016
, By Loren Moss
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Jorge Castellanos Rueda Named New President of ETB, Bogotá’s Telecommunications Company

The City of Bogotá controlled telecommunications company, Empresas Telefonicas de Bogotá (ETB) (BVC:ETB) has seated a newly formed board of directors that, in their first meeting, elected Jorge Castellanos Rueda (above) as the new president. In Colombia, it is common for...
Posted On January 18, 2016
, By Loren Moss
1

Yellow Pepper Launches Yepex Mobile Payment Solution in Colombia, Mexico

Above photo: Serge Elkiner, CEO of Yellow Pepper Yellow Pepper, the first Latin American mobile financial company to receive a World Bank IFC (International Financial Corporation) equity investment, has launched Yepex, Latin Americas’ first “smart wallet” with functionality...
Posted On March 6, 2015
, By Loren Moss
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