Mena

Headlines

As Coronavirus Hits U.S., Some Expatriates Stay in Africa

Mask shortages in hospitals. Inadequate coronavirus testing. Medical supplies flown in from overseas. And an international charity setting up a field hospital in Central Park.John Shaw watched from afar what was going on back home in the United States and decided to stay put, in Kenya.“Africa just felt better,” said Mr. Shaw, a 38-year-old American...

Poachers Kill More Rhinos as Coronavirus Halts Tourism to Africa

The past few weeks have not been easy for Nico Jacobs, founder of Rhino 911, a nonprofit that provides emergency helicopter transport for rhinoceroses in need of rescue in South Africa. That’s because times are much worse for the rhinos.Since South Africa announced a national lockdown on March 23 to limit the spread of the new coronavirus, Mr. Jacobs...

We Can Still Travel — With Photoshop and a Dream

Marty Pollak and Monica Palenzuela, not atop the Perito Moreno Glacier.Marty Pollak and Monica Palenzuela, in Brooklyn.Travel and travel planning are being disrupted by the worldwide spread of the coronavirus. For the latest updates, read The New York Times’s Covid-19 coverage here.On March 19, Marty Pollak and Monica Palenzuela journeyed from New...

Chad’s Ex-President, Sentenced to Life, Given Temporary Reprieve From Prison

Hissène Habré, the former president of Chad who was found guilty of crimes against humanity, has been temporarily set free from his prison cell in Senegal.Mr. Habré, 78, was convicted in 2015 of multiple crimes during his leadership of the West African country in the 1980s, including killings, torture and sex crimes. He was sentenced to life in prison.His...

Autocrats’ Quandary: You Can’t Arrest a Virus

CAIRO — When the virus hit, the strongmen hit back as they know best.For Egypt’s president, Abdel Fattah el-Sisi, that meant deploying chemical warfare troops, clad in protective suits and armed with disinfectant, to the streets of Cairo, in a theatrical display of military muscle projected via social media.Russia’s leader, Vladimir V. Putin,...

Finance

Why big farms flopped in Ethiopia

THE PLAN was to transform farming in southern Ethiopia. Twelve years ago Fri-El, an Italian conglomerate, signed a lease with the state government for 30,000 hectares of farmland in South Omo to make palm oil. But the palms needed more water than the copper-coloured Omo river could supply and production was so disappointing that in 2011 its lease was...

Africa’s debt crisis hampers its fight against covid-19

ECONOMIC CRISIS and covid-19 are forcing hard choices on most of the world. But the dilemma facing indebted poor countries is particularly acute. They can either pay foreign creditors or allow more of their citizens to die, say experts. This dilemma is not new. In 2016 Angola spent nearly six times as much servicing its external debt as it did on public...

Why urban migrants understate how much they earn

SOME COUNTRY folk do not understand what life is like in town, says Roda Radido, who lives in Nairobi, the Kenyan capital. She is right. Rural Kenyans typically have no idea how much better off they would be if they moved to a city. A survey by Travis Baseler of the University of Rochester found that people in western Kenya guessed that the average...

Lebanon embraces sweatpants during the outbreak

THE ODDITIES begin the moment you step outside in Lebanon, now in its fourth week of near-total lockdown. Streets once choked with traffic are empty. At the entrance to a supermarket shoppers don masks and plastic gloves, while staff check their temperatures. But the strangest sight is inside. Customers stroll the aisles in sweatpants, pyjamas, even...

The risk that Iraq might fall apart

IN SADR CITY, the vast shantytown east of Baghdad, cars still pack the roads, pilgrims still pray at shrines and people still gather in shops. Many see covid-19 as either a Zionist hoax or a fast track to paradise, so they feel no obligation to comply with the government’s order to stay inside. The government itself seems unprepared. Iraq claims to...

Legal

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Foresight makes MEIF investment into software-based franking alternative business Postworks Limited

Foresight Group LLP (“Foresight”) announces the investment into Postworks Limited (“Postworks” or the “Company”) on behalf of the Midlands Engine Investment Fund (“MEIF”). This mark’s Foresight’s third MEIF investment since its launch in February.   Postworks is an online franking company providing small and medium...

Cambodia: Protest Supports Villagers Challenging Foreign Forest Concession

[unable to retrieve full-text content]Foreign investments; Forests and timber; Judiciary; Minority rights; Natural resources - On September 22, 2015, a group of approximately 100 Cambodians from the Phnong ethnic group rallied to support five members of the group who were questioned in court and then released. The issues involved were...

European Union: Adoption of Decision to Relocate Asylum Seekers

[unable to retrieve full-text content]Asylum; Immigration; Refugees; Treaties and International Agreements/Refugees - On September 22, 2015, the EU Justice and Home Affairs Council adopted a proposal, introduced by the European Commission on September 9, 2015, in response to the unprecedented influx of migrants who have sought refuge...

Brazil: End of Age Limit for Assisted Fertilization

[unable to retrieve full-text content]Families ; Health; Pregnancy - On September 22, 2015, the Brazilian Federal Council of Medicine (Conselho Federal de Medicina, CFM), issued Resolution No. 2,121/2015 on, inter alia, eliminating the need by women over 50 years of age to obtain the consent... The Global Legal Monitor from the Law Library of Congress...

Deals

Israel’s Magenta Venture Partners announces first closing of a new $100M fund focused on early stage Israeli startups

Israeli VC firm Magenta Venture Partners announced today a new venture capital fund targeting $100 million. The new fund had its initial closing in October 2018 and is planning its final closing in 2019. Magenta Venture Partners is an equal partnership between Mitsui & Co. Ltd., one of the largest trading and investment companies in Japan,...

Roquette invests in Israeli seed breeding company Equinom

The companies signed an agreement to develop high-protein pea varieties for food markets Roquette, a global leader in plant-based ingredients for Food, Nutrition and Health markets and a pioneer in new vegetal proteins, and Equinom Ltd., an innovative Israel based breeding technology company, have signed a partnership agreement for the development...

Maitland acquires Talaria, launches Maitland Family Office

Cross-border specialist wealth service likely to appeal to those needing offshore estate planning Maitland, the global advisory and administration firm, has announced the formation of Maitland Family Office, a multi-family office to service high net worth families, individuals and entrepreneurs in South Africa. The new entity will be one of the...

MENA drops 57.6% in value of M&A

The value of mergers and acquisitions in the Middle East and North Africa region declined by 57.6 per cent in 2017, despite the deal count maintaining almost the same level as the previous year, according to Mergermarket, a provider of M&A data and intelligence. For full year 2017, 126 deals worth approximately $16 billion (Dh58.76 billion) were recorded...

Private equity consortium invests into supplier of corporate and promotional apparel

A private equity consortium comprising RMB Corvest, RMB Ventures and Ethos Mid Market Fund have, alongside management, acquired 100% of Kevro, Africa’s largest value-add supplier of corporate and promotional apparel, and other brandable products.  Kevro was acquired from Ethos Fund VI, which had owned a 72% stake in the group since 2011 and...