South America

Nubank, one of the largest digital financial services platforms in the world, will strengthen its presence in Colombia with a loan of up to USD$150 million from the International Finance Corporation (IFC). The 3-year local currency loan will be used to boost the growth of Nubank’s local operations and expand access to financial services in the country. 

Dole plc announced that The American-Costa Rican Chamber of Commerce (AmCham) recognized their pineapple operations in Costa Rica, with the Social Responsibility in Action Award in the Employees Category for their project "Information and Wellbeing Centers." AmCham distinguished this project as the overall Grand Winner among over 40 submittals in the chamber’s Corporate Social Responsibility event. This year marks the 26th anniversary of the award and the first year when a Grand Winner was selected among all proposals.

SingularityDAO, an organisation creating top-tier trading tools for everyday people, has announced the official launch of its cryptocurrency trading tool ‘DynaSets’. The launch follows an extremely successful beta period, which saw its Bitcoin and Ethereum products ultimately generate growth in holdings of the underlying assets by 61% and 111% respectively.

Katalyst Data Management announced its intent to acquire the Rio de Janeiro-based oil and gas data product and service provider Geopost Energy. Geopost Energy provides seamless and instant online access to integrated data of all types, including seismic, interpretations, and well logs production data to its customers. In addition, Geopost offers continuously updated information and news on all aspects of Brazil’s offshore and onshore E&P activities.

IFC, sector arm of the World Bank Group, has hired Ronke-Amoni Ogunsulire as the Regional Manager for the Caribbean. A Nigerian, Ms. Ogunsulire will be based in Santo Domingo, overseeing operations in the Dominican Republic, Haiti, and the English-speaking Caribbean.

Elsight Limited (ASX:ELS), the recognised industry player in drone connectivity solutions, announced a commercial contract for the ‘Halo’ solution has been signed and a preliminary order received from Speedbird Aero (Speedbird), a renown Brazil-based comprehensive Unmanned Aerial Vehicle (UAV) services provider. Speedbird has built UAV’s capable of transporting and delivering packages for commercial, industrial, and healthcare uses.

GC Aesthetics®, Inc. (GCA), a privately-held medical tech firm providing Women Healthcare Aesthetic and Reconstructive Solutions, has announced today, its growth and expansion plans for the Brazilian market, the second largest Breast Augmentation market in the world. GC Aesthetics® has been executing an ambitious journey repositioning the brand and portfolio to offer a smart, unique, and clinically proven safe range of products to meet the needs of Brazilian women and surgeons. The Brazilian growth strategy includes 2 main pillars.

As Jamaica pursues its Vision 2030 development plan which will transform the island’s economy, the country’s gov't continues to seek innovative investments that can accelerate economic growth. These investment projects will not only provide economic rewards, but will also be sustainable, create new avenues for development in communities, towns, and cities, and will lead to significant improvement in Jamaica’s overall business environment.

Chosen by over 100 million votes from across the globe in 2007, the New 7 Wonders of the World are the impressive landmarks and popular attractions. One of them, and perhaps the most mythical, is Machu Picchu. The citadel of Machu Picchu in Cusco, Peru, was discovered in 1902 by Agustín Lizárraga and made known to the world in 1911 by Hiram Bingham.

Brand Jamaica will be highlighted at the 126th staging of Penn Relays, which will be held from April 28-30, 2022, in Philadelphia, Pennsylvania. Five Jamaican manufacturers, Annilu Ltd, Herboo, King’s Jamaican Health and Wellness, Bresheh, and Shavuot International, will chat with buyers and retailers to promote their products thus increase Jamaica’s export sales. The trade mission is taking place as part of the export development programme Export Max III, which is led by JAMPRO, the Jamaica Business Development Corporation (JBDC), and the Jamaica Manufacturers and Exporters Association (JMEA). The event will highlight the island’s diverse manufacturing sector, and the products that are available for export.