The Daily Journal.— Colombia’s new ambassador to Venezuela, Jorge Jaller, proposed that Colombia purchase Venezuelan natural gas to generate electricity and return part of the power to its neighboring country as part of a broader strategy to promote economic integration between the two nations. Jaller outlined the proposal in an interview with El Colombiano, where […]
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The Daily Journal.— The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued three new general licenses on Wednesday that expand authorized operations in Venezuela’s coal, gold and other mineral sectors, opening the door to trade, technology supplies and negotiations for future investments. The measures, identified as General Licenses 51D, 54C and […]
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Fina raised seed funding from investors in the United Kingdom, the U.S., Chile and Brazil to expand its platform across Venezuela The Daily Journal.- Venezuelan startup Fina, which focuses on digitalizing small and medium-sized businesses, raised US$1 million in a seed funding round to support its expansion in the domestic market. International funds participating in […]
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The Daily Journal.— Venezuela is on track to lead economic activity in Latin America and the Caribbean in 2026, with projected growth of 6.5%, according to the Economic Commission for Latin America and the Caribbean (ECLAC), which unveiled the forecast in its latest annual report. The projected performance of the Venezuelan economy stands out across […]
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Julio A. López, Editor-in-Chief. Víctor Julio Flores Rojas, former president of the Caracas Stock Exchange, argues that Venezuela’s capital market can play a decisive role in financing Special Economic Zones (SEZs), channeling domestic and foreign capital into infrastructure, industry, technology and other productive sectors. —How important can Special Economic Zones be for Venezuela? —Special Economic […]
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The Daily Journal – Nearly two months after the two major earthquakes that devastated parts of the country on June 24, the Venezuelan Confederation of Industrialists (Conindustria), the Venezuelan Chamber of Construction (CVC) and the United Nations Development Programme (UNDP) held a high-level meeting to define the operational and strategic phases of Venezuela’s Reconstruction Plan, […]
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The Daily Journal — Chevron expects to increase its oil production in Venezuela by 15% over the next 18 to 24 months as the Trump administration seeks to expand investment by U.S. energy companies in the country. Chevron’s joint ventures in Venezuela currently produce about 280,000 barrels per day, Chief Financial Officer Eimear Bonner said. […]
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The Daily Journal. — Ballard Partners, one of the leading lobbying firms in the United States and one that has seen its revenue surge during President Donald Trump’s second term, announced Wednesday that it will open an office in Caracas, as U.S. companies and multinational corporations show renewed interest in investing in Venezuela. Scott Wagner, […]
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Bloomberg – Cashea, Venezuela’s largest financial technology company, secured $100 million through two funding rounds, reflecting growing confidence among international investors in the company’s expansion within a market where credit has remained limited for years. Cashea completed a $60 million Series B round in June, led by FinSight Ventures, with participation from Endeavor Catalyst, Plug […]
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The Daily Journal. — The Venezuelan-American Chamber of Commerce and Industry (VenAmCham) and the United Nations Development Program (UNDP) signed a Memorandum of Understanding to strengthen institutional cooperation, encourage responsible investment, and expand private-sector participation in economic and social development initiatives across Venezuela. The agreement establishes a collaborative framework to connect VenAmCham’s member companies with […]
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