Business & Human Rights Resource Centre

Press Release


September 26, 2013 - Lev Leviev’s company Africa Israel has admitted to ongoing construction in Gilo, an Israeli settlement in East Jerusalem, but simultaneously denied that Gilo is a settlement in Israeli-occupied East Jerusalem. Africa Israel’s statement to the UK’s Business & Human Rights Resource Centre came in response to an outcry over Norway’s Ministry of Finance’s August decision to rescind a 2010 ban on investment of the Norwegian Government’s Pension Fund Global in Africa Israel and its construction subsidiary Danya Cebus. Norway had put in place the ban on investment in 2010 due to the two companies’ construction of Israeli settlements in violation of international law.

On September 4th, Adalah-NY and three leading Palestinian civil society groups wrote to The Pension Fund Global’s Council on Ethics calling on them to swiftly reinstate the ban on the companies due to their ongoing settlement construction in Gilo. The Council on Ethics responded that they are “looking into” the matter. Norway’s Ministry of Finance announced the end of the ban on investment after Africa Israel told the Council on Ethics in April 2013 that they were not building any Israeli settlements. Africa Israel, owned by Israeli diamond magnate Lev Leviev, has a long history of settlement construction.