Colombia’s coffee production up 9% in April

Colombia produced 810,000 60-kg bags of washed Arabica coffee in April, up 9% from the 744,000 bags produced in the same month last year, the national coffee growers' federation said. Colombian coffee exports soared 61% last month to 1.03 million bags, up from about 642,000 bags in April 2020. The surge in exports was driven by better logistics, the federation said, as last year this period was marked by lockdowns imposed to contain the coronavirus.

Unlicensed access to 6 GHz band will add $58.93 bn to Colombian Economy

Studies published by the Dynamic Spectrum Alliance (DSA) and Telecom Advisory Services LLC (TAS) said that enabling unlicensed access to 6 GHz band will add $58.93 billion over the next ten years to the Colombian economy. The studies revealed that the cumulative economic value between 2021 and 2030 amounts up to $39.69 billion in GDP contribution, $9.93 billion in producer surplus to Colombian enterprises and $9.31 billion in consumer surplus to the Colombian population.

Argentina’s Tecpetrol joins list of companies approved for fracking pilots

Argentina's Tecpetrol has joined the list of companies authorised by the National Hydrocarbons Agency (ANH) for fracking pilots in the country. Tecpetrol is an Argentinean multi-Latin company that has businesses in exploration and exploitation activities, as well as in the area of services and transport. In the region, the company has a presence in Argentina, Colombia, Ecuador, Mexico, Peru, Uruguay and Venezuela.

Colombia looks to diversify into phosphate

Colombia will tender a phosphate exploration block in September as part of an effort to attract more mining investment and diversify away from coal. Government mining agency ANM will invite international companies to submit bids for nine areas, including copper-bearing areas, with pre-qualification beginning on 9 February. The phosphate block is located in the southeastern department of Huila.