Recommendation from 2009 and 2013 concerning the companies Africa Israel Investments Ltd. and Danya Cebus Ltd.


The companies Africa Israel Investments Ltd. and Danya Cebus Ltd. were recommended for exclusion from the Government Pension Fund Global because of their activities in the building of Israeli settlements in the West Bank.

Please find the recommendation here (pdf). 

An additional letter to the Ministry of Finance was sent in March, 2010.

Please find the letter here (pdf)

In August, 2013, the Ministry of Finance decided to repeal the exclusions based on a recommendation from the Council.

Please find the Council's recommendation from April 2013 here (pdf).

The companies were again recommended for exclusion in November 2013.

Please find the Council's recommendation from November 2013 here (pdf).