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Colombian Business Leaders Raise Over $64 Million for Earthquake Victims
๐Ÿ‡ต๐Ÿ‡พ Paraguay /Disasters & Emergencies

Colombian Business Leaders Raise Over $64 Million for Earthquake Victims

From ABC Color · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

News Named sources Ongoing story
  • Colombian business leaders raised over $64 million for earthquake victims.
  • The funds were collected during the National Business Association of Colombia (ANDI) annual congress.
  • The money will support affected communities in the aftermath of a magnitude 7.4 earthquake.

Colombian entrepreneurs have demonstrated significant solidarity, raising more than $64 million USD to aid those affected by a devastating magnitude 7.4 earthquake that struck the country earlier in the week. The impressive sum was announced by the National Business Association of Colombia (ANDI) at the closing of their annual congress in Cartagena de Indias.

We have a different state of mind.

โ€” Bruce Mac MasterPresident of ANDI, commenting on the positive atmosphere during the fundraising announcement at the congress.

The fundraising campaign, titled 'United Companies for Colombia,' saw widespread participation from various sectors of the nation's productive economy. The final tally surpassed initial expectations, with a substantial contribution coming late in the campaign from the Santo Domingo family, one of Colombia's most influential business groups. Their donation alone added approximately $32 million USD to the total relief fund.

ANDI highlighted the collection as a reflection of the business sector's deep commitment and solidarity with the families and regions impacted by the disaster. Numerous prominent companies, including Bancolombia, Alpina, PepsiCo, and Nestlรฉ, contributed to the effort. The collected funds are slated to be managed through a trust and will be allocated to address the immediate and ongoing needs of the earthquake-stricken communities.

The fundraising exceeded all expectations.

โ€” Bruce Mac MasterPresident of ANDI, expressing satisfaction with the amount raised for earthquake victims.

The earthquake, which registered a magnitude of 7.4, had its epicenter in the Chocรณ department, one of Colombia's poorest regions, and its tremors were felt across central and western parts of the country. The tragedy has prompted a broad response, involving state agencies, humanitarian organizations, businesses, and individual citizens. The $64 million raised adds to the ongoing relief efforts aimed at assisting the victims of an event that has resulted in hundreds of deaths, thousands injured, and hundreds still missing as search and rescue operations continue.

It reflects the solidarity and commitment of the productive sector with the families and regions affected by the earthquake.

โ€” ANDIThe National Business Association of Colombia commenting on the success of the fundraising campaign on social media.
DistantNews Editorial

Originally published by ABC Color in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.