Mena

Headlines

Kenya’s New Digital IDs May Exclude Millions of Minorities

NAIROBI, Kenya — For all his 73 years, Ahmed Khalil Kafe lived as a citizen of Kenya.Born in the capital, Nairobi, Mr. Kafe worked as a police officer and even served with the presidential guard, court documents show. But last April, when he tried to register for a national ID in the giant biometric database that President Uhuru Kenyatta has said...

A Battle to Protect Forests Unfolds in Central Africa

MOLOUKOU, Central African Republic — Beneath the forest canopy, Lucien Maka steps out of a clearing and into his element.He darts over the shaded undergrowth and finds a cluster of mushrooms, deftly wrapping them in a bundle of leaves. His friend hacks apart a thick branch and gulps down the clean water stored within. They pocket several caterpillars...

Russia Exerts Growing Influence in Africa, Worrying Many in the West

WASHINGTON — Nearly 200 Russian mercenaries have deployed in recent months to Mozambique to combat a growing Islamic State offshoot there, even as Moscow is taking initial steps toward building a military port in the Horn of Africa that could become Russia’s first permanent base on the continent.Russia is steadily expanding its military influence...

Asylum Seekers Find a New Route to Europe, Flowing Into a Divided Cyprus

KOFINOU, Cyprus — Clasping his student visa, Clinton Yebga boarded a Turkish Airlines flight in his native Cameroon, switched planes in Istanbul and landed without trouble in northern Cyprus.But instead of heading to his university in the Turkish-controlled north, he made his way to the so-called green line — a nominal barrier that divides the island...

They’re Stealthy at Sea, but They Can’t Hide From the Albatross

There’s a lot of ocean out there, and boats engaging in illegal fishing or human trafficking have good reason to hide.But even the stealthiest vessels — the ones that turn off their transponders — aren’t completely invisible: Albatrosses, outfitted with radar detectors, can spot them, new research has shown. And a lot of ships may be trying...

Finance

One first lady is dead in Lesotho. Another has fled

ON JUNE 14TH 2017 Lipolelo Thabane was killed by gunmen outside her home near Maseru, the capital of Lesotho. Two days later Thomas Thabane, her estranged husband (pictured, right), was sworn in as prime minister of the mountainous kingdom. By his side was his new partner, the future Maesaiah Thabane (left), whom he married less than three months later....

Khalifa Haftar, the Libyan warlord, is not interested in compromise

TO CALL IT a success is a sign of low expectations, not high achievements. On January 19th the parties in Libya’s civil war gathered in Berlin for a peace conference. The Libyans themselves—Fayez al-Sarraj, who leads the UN-backed government in Tripoli, and General Khalifa Haftar, the warlord who controls most of the country—were invited only...

What 700,000 leaked documents reveal about Africa’s richest woman

ISABEL DOS SANTOS styles herself as a visionary, an entrepreneur and a potential future president of Angola. Her vast fortune was self-made, she boasts. Running Sonangol, Angola’s state oil firm, was a “big personal sacrifice”. Many Angolans “see me as a role model”, she recently told The Economist. Such claims have always seemed absurd. Ms...

Did Saudi Arabia’s crown prince hack the Amazon king?

THREE MONTHS ago, as executives gathered in Riyadh for a conference, a supporter of the Saudi crown prince allowed himself a moment of doubt. The businessman was fond of Muhammad bin Salman’s efforts to open a closed country and diversify its economy. But he fretted that the prince was too impulsive for his own good. He had already locked up...

Boris Johnson woos Africa

HOW TO PROMOTE a “global Britain” after Britain leaves the European Union? One possibility is to try to revive links with Africa, where Britain was once the leading colonial power. Boris Johnson, Britain’s prime minister, hosted about a third of the continent’s leaders at an “investment summit” in London on January 20th. Most of those...

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...