Mena

Headlines

W.H.O. Continues Emergency Status for Ebola Outbreak in Congo

The Ebola outbreak in the Democratic Republic of Congo is still a public health emergency and will be one for at least the next three months, the World Health Organization said on Friday.At the same time, “We believe we are on what could be a bumpy road to zero” new infections, said Dr. Michael Ryan, the agency’s director of emergency response.Confirmed...

Japan’s Success at World Cup Buoys Hopes for Rugby at Home

TOKYO — When the overlords of rugby a decade ago chose Japan to host this year’s Rugby World Cup, they hoped to spread the gospel of the sport beyond its traditional strongholds in Europe, Australia, South Africa and Argentina. A boost in participation in Asia, and maybe a few new sponsors and heightened interest from television broadcasters, seemed...

Wheels Up on More Flights to the African Continent

Want to plan a trip to Africa but are intimidated by the flight time? Your concern is reasonable. Flights from the United States to the African continent can take 30 or even 40 hours depending on the routing, and many travelers face lengthy layovers in Amsterdam or London, or Dubai or Doha in the Middle East. But that might be changing soon: Airlines...

Morocco’s King Pardons Journalist Sentenced on Abortion Charge

Morocco’s king has pardoned Hajar Raissouni, a journalist sentenced to a year in prison last month for extramarital sex and an abortion she denied having, the Justice Ministry said on Wednesday.The case of Ms. Raissouni, who had denied the charges against her, outraged human rights activists who said she had been targeted for her work for a newspaper...

‘We Looked to Escape Death’: Violence Uproots Nearly 500,000 in Burkina Faso

KOMSILGA COMMUNE, Burkina Faso — A wave of violent attacks and suspected terrorist activity in Burkina Faso has triggered a sudden humanitarian crisis, uprooting hundreds of thousands of people from their homes in what was once one of West Africa’s most tranquil nations.In the space of just three weeks, the number of internally displaced people...

Finance

Did Ethiopia’s premier deserve the Nobel peace prize?

THERE ARE two types of Nobel peace-prize winner. The uncontroversial ones are often campaigners, such as Nadia Murad (who won last year for her work highlighting rape during war) or the Organisation for the Prohibition of Chemical Weapons (which won in 2013). The controversial ones are often the politicians who actually negotiate peace deals—think...

Why do one in ten ships fly tiny Liberia’s flag?

LIBERIA’S ECONOMY is on the rocks. The aid money that held the country steady after its brutal civil wars is ebbing and inflation has surged to more than 25%. Many businesses are struggling to stay afloat. But one industry seems to be weathering the storm: shipping. The tiny west African country, with a GDP of just $2.1bn, has one of the largest seagoing...

South Africa’s president promises big results—eventually

SOUTH AFRICANS are growing impatient with Cyril Ramaphosa, the former union boss, anti-apartheid activist and tycoon who is now their president. In his 20 months in office, no one has been prosecuted for the looting of the state that took place under his predecessor, Jacob Zuma. In an interview with The Economist in London on October 13th, Mr Ramaphosa...

Congo’s enormous rainforest is getting smaller

JAGGED, CHARRED tree stumps jut out of blackened earth in what was once part of the rainforest in the Democratic Republic of Congo. One man, Rafael, standing amid the devastation, reckons he has set fire to around 40 sections of the forest near the city of Bandundu in the past two months. He bags the scorched wood and flogs it as charcoal in the capital,...

The election of Kais Saied gives Tunisians something to cheer

IT HAS BEEN a difficult eight years since Tunisia toppled its dictator and embraced democracy in 2011. The economy remains stagnant, corruption is still endemic, terrorism is a problem and politicians have disappointed. But the election of Kais Saied (pictured) as president on October 13th has brought a new sense of hope. After it became clear that...

Legal

200 OK

200 OK The server encountered an internal error or misconfiguration and was unable to complete your request. Please contact the server administrator, [email protected] and inform them of the time the error occurred, and anything you might have done that may have caused the error. More information about this error may be available in the server...

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...