January 28, 2022 • This is the first social gender bond publicly issued by a financial entity in Colombia with IDB Invest taking on the role of anchor investor. IDB…
Category: COLOMBIA
IDB Invest, Banco Mundo Mujer Promote Credit for Women Microentrepreneurs in Colombia
January 18, 2022 IDB Invest has granted financing to Banco Mundo Mujer S.A. (BMM) denominated in Colombian pesos, equivalent to up to $30 million. The three-year transaction will increase access…
IDB Invest Reignites Growth in Central America, Dominican Republic, Colombia Through New Fund
November 26, 2021 IDB Invest has invested $10 million in CASEIF IV L.P. (CASEIF IV), a new mezzanine debt and private equity fund managed by LAFISE Investment Management Ltd. (LIM)…
IDB Invest Signed Financing Deal for Colombia’s Puerto Antioquia
October 12, 2021 With the recent closing of financing for the construction of a port project in Urabá, IDB Invest contributes to strengthening the infrastructure and foreign trade of Colombia.…
IDB supports $15M in private participation arrangements in Colombia’s infrastructure
June 11, 2021 The Inter-American Development Bank has approved a US$15 million reimbursable technical cooperation loan to help consolidate private participation arrangements in Colombia’s infrastructure, improve the context of financing…
IMF Executive Board Concludes 2021 Article IV Consultation with Colombia
March 26, 2021 The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Colombia on March 19, 2021. Colombia has been hit hard by…
Colombia: Navigating the Pandemic and High Uncertainty, while Securing the Recovery
By: The International Monetary Fund February 16, 2021 Faced by a pandemic that led to the largest recession on record—with vulnerable groups particularly affected—Colombia used the flexibility afforded by its…
Houston based logistics firm to get oil and gas transport concession from Colombia!
February 12, 2021 The Colombia National Infrastructure Agency Grants 30-Year Port Concession To SeaOne Holdings. SeaOne Holdings, LLC , which is developing various projects for the delivery of U.S. produced…
PriceSmart Announces Plans to Open Ninth Warehouse Club in Colombia- Expects 50 Clubs in Operation by Spring 2022
Membership warehouse, PriceSmart, Inc., announced that it plans to begin the construction of its ninth warehouse club in Colombia, which is anticipated to open in the fall of 2021. With…
International mining group to extend gold assets in Colombia
By: Staff Writer January 12, 2021 Orea Mining Corp is very pleased to announce the signing of a Binding Letter of Intent (“BLOI”) to acquire gold projects with an existing…
Shell hails 50% stake in Colombian Oil Company as opportunity!
By: Staff Writer January 1, 2020 Shell hails Ecopetrol 50 percent stake as “opportunity” to bring its technical know-how to Colombia to help build the offshore drilling sector. Cynthia Babski,…
Shell takes 50% stake in Colombian oil and gas firm!
By: Staff Writer December 29, 2020 Oil giant, Shell, takes a 50 percent stake in Colombian oil and gas firm to continue its offshore, deep water exploration. Ecopetrol S.A. hereby…