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//Elle F. Yap
One of the new spider species discovered, Ummidia solana.
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Study Details Four New Spider Species Found in Colombian Pacific Region

One study author suggested “these newfound species might harbor chemical compounds, enzymes, or other unique biological characteristics with potential applications" in medicine and agriculture.
Posted On September 1, 2023
, By Elle F. Yap
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Aris Mining Produced Nearly 105,000 Ounces of Gold in Colombia in First Half of 2023

For its Segovia site in Colombia, CEO Neil Woodyer says the firm has an overall 2023 outlook of "a range of between $1,125 and $1,175 per ounce."
Posted On August 31, 2023
, By Elle F. Yap
Photo: Frontera Energy's oil operations in Quifa, Colombia.
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Frontera Energy Highlights Strong Income and Exploration Progress in Second Quarter Report

New exploration and drilling in Colombia and Ecuador came alongside the Canadian company's large Guyana discovery this quarter.
Posted On August 28, 2023
, By Elle F. Yap
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Report: Latin American Countries Could See Growth as Fashion Industry Looks for Suppliers Outside of China

With growing concerns about forced labor and deteriorating US-China relations, some companies are increasingly looking for a plan B.
Posted On August 20, 2023
, By Elle F. Yap
Maluma poses with the Foodology team
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LatAm Cloud Kitchen Startup Foodology Secures $17 Million in New Funding

The popular cloud kitchen startup has now raised more than $86.5 million USD and says it plans to solidify its reach in the region.
Posted On August 8, 2023
, By Elle F. Yap
A worker at Geopark's facility.
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Fitch Affirms GeoPark’s B+ Credit Rating While Raising Concerns on Falling Reserve Life

GeoPark's fossil fuel reserves have fallen below seven years, something Fitch says the firm would be unable to “dramatically reverse” within the next 12 months.
Posted On August 8, 2023
, By Elle F. Yap

Fitch Affirms BB+ Rating for Colombia as Country’s Future Prospects Stabilize

Colombia has maintained its BB+ credit rating despite high inflation numbers and the loss of Petro’s supermajority.
Posted On August 3, 2023
, By Elle F. Yap
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Cannabis Company Flora Growth to Exit Colombian Market and Sell Local Assets Amid Losses and Export Challenges

"The export process from Colombia has proven to take longer and operate with less consistency than we had anticipated," said board member Hussein Rakine.
Posted On July 31, 2023
, By Elle F. Yap
Forrest T. Heath III, founder and CEO of Somos Internet
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Medellín Startup Somos Internet Secures Seed Round Funding of $13.4 Million USD

Somos Internets plans to use the funds to improve current infrastructure, enhance product offerings, and expand to new areas of the country, including Bogotá.
Posted On July 26, 2023
, By Elle F. Yap
Attendees on stages at WeTrade 2022.
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WeTrade 2023 Business Fair on Diversity, Equity, and Inclusion Comes to Bogotá from July 27-28

WeTrade 2023's theme is “The Power of Diversity," a concept that will be addressed by speakers from Coca-Cola, Grupo Prisa, Promigas, and more.
Posted On July 25, 2023
, By Elle F. Yap
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