Mena

Headlines

Report Aims at ‘Reconciling’ France and Algeria, Its Former Colony

A government-commissioned study offers proposals to address longstanding grievances. But it does not recommend an official apology and skirts the issue of systemic torture.PARIS — President Emmanuel Macron of France on Wednesday received a much-anticipated report aimed at achieving a “reconciliation of memories between France and Algeria,” two...

Zimbabwe's Foreign Minister Dies From Covid-19

HARARE, Zimbabwe — Zimbabwe’s minister of foreign affairs and international trade, Sibusiso Busi Moyo, has died, the office of the president said on Wednesday. The cause was complications related to Covid-19. Mr. Moyo became the fourth high-ranking official in Zimbabwe to succumb to the virus since the start of the pandemic.“The late minister...

The Times's 24-Hour Global Relay: New York to Hong Kong and Seoul to London

From New York to Hong Kong/Seoul to London, journalists can collaborate around the clock to report on a breaking story.Times Insider explains who we are and what we do, and delivers behind-the-scenes insights into how our journalism comes together.Time zones can pose a challenge for a news operation that covers the breadth of the world. But they can...

Violence in Sudan’s Darfur Region Dims Hopes of a Long-Sought Peace

The deadly unrest comes just weeks after United Nations and African Union peacekeepers said they would end their mission in the region.NAIROBI, Kenya — Hundreds of people have been killed or injured in violence that enveloped Sudan’s Darfur region in recent days, dampening hopes for long-lasting peace in an area that has been plagued by fighting...

Uganda’s Leader of 35 Years Is Re-elected Amid Accusations of Vote-Rigging

President Yoweri Kaguta Museveni was declared the winner although his main opponent said the result was “fabricated.”NAIROBI, Kenya — President Yoweri Kaguta Museveni of Uganda has won a sixth term, the country’s electoral commission said on Saturday, after a campaign marred by a lethal crackdown on the opposition, an internet blackout and accusations...

Finance

Khalifa Haftar is losing ground and lashing out in Libya

KHALIFA HAFTAR’S self-styled Libyan National Army (LNA) says it will cease fire for what remains of the holy month of Ramadan. But friends of General Haftar say he is doubling down on the civil war he started six years ago. His year-long siege of Tripoli, seat of the UN-backed Government of National Accord (GNA), has intensified of late. Groups loyal...

Saudi Arabia stops flogging

“THE FORNICATRESS and the fornicator—flog each of them with a hundred stripes; and do not let pity for them hold you back from carrying out God’s law.” So says the Koran, which dates back to the seventh century. Prince Muhammad bin Salman, the de facto ruler of Saudi Arabia, is trying to drag the kingdom into the 21st. So on April 25th the government...

Zambia was already a case study in how not to run an economy

“I FEEL YOUR PAIN,” said Edgar Lungu in a televised address on April 24th. The president of Zambia claimed that covid-19 had “thrown into disarray” the country’s finances. He mused about whether the government could afford to pay for pensions, civil-service salaries and medicine. “Where will the money come from?” It is a good question....

How Sudan’s warlords buy their gun trucks

THE TOYOTA HILUX is a sturdy vehicle. That makes it especially popular in Africa. It outsells all other pickup trucks, or “bakkies”, in South Africa. In Mali and Niger smugglers transporting people and goods across the Sahara will accept no alternative, since they can cram 30 people onto one and can still climb a sand dune. It is also a familiar...

Some African politicians risk spreading covid through quackery

Editor’s note: The Economist is making some of its most important coverage of the covid-19 pandemic freely available to readers of The Economist Today, our daily newsletter. To receive it, register here. For our coronavirus tracker and more coverage, see our hub MANY AFRICAN politicians are fighting covid-19 with tools prescribed by science. South...

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

ÜNLÜ & Co advised on transfer of Anadolu Restoran shares to Birlesik Holding

ÜNLÜ & Co advised on transfer of Anadolu Restoran shares to Birlesik Holding Share purchase agreement has been signed for the sale 100% shares of Anadolu Restoran İşletmeleri Ltd. Şti. (“Anadolu Restoran”), (one of the leading pioneers in the QSR market) to Birlesik Holding Limited. Turkey’s leading investment services and asset management...

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...