August 31, 2013 - Norway’s Ministry of Finance announced that is has repealed Norway’s 2010 exclusion prohibiting Norway’s Pension Global Fund from investing in Lev Leviev’s company Africa Israel and its construction subsidiary Danya Cebus due to their construction of Israeli settlements. This clears the way for reinvestment in Africa Israel and Danya Cebus. The Ministry of Finance’s decision was based on a recommendation from Norway’s Council on Ethics, which advises the Ministry of Finance on ethically investing Norway's Pension Global Fund. The Council on Ethics accepted April 2013 assurances of Africa Israel and its construction subsidiary Danya Cebus that they are not currently building Israeli settlements.
Immediately after Norway’s decision was made public, the Israeli watchdog group Who Profits was able to rebut Africa Israel’s claims, by procuring August 27, 2013 photos and videos now published on the Electronic Intifada showing Africa Israel and Danya’s Cebus’ ongoing construction of settlement homes in the Israeli settlement of Gilo in the Israeli-occupied West Bank.
Another Leviev-owned company, Leader Management and Development, continues to develop the Israeli settlement of Zufim on the land of the Palestinian village of Jayyous in the West Bank.