Danya Cebus Ltd.

It is the construction subsidiary arm of the Africa Israel Group; 73% of the shares belong to Africa Israel, which is controlled by Lev Leviev. The company constructed multiple housing projects in Israeli settlements in the occupied West Bank.

As a contractor, Danya Cebus built the Green Park project in Matityahu East in the West Bank settlement of Modi'in Illit. It also built a housing project for Ya'asour in the West Bank settlement of Ma'ale Edomim. It has built projects for the developer Heftziba in the Har Homa, Ma'ale Edomim, and Adam settlements next to Jerusalem, and was hired to complete some housing projects there after the developer Heftziba went out of business.

In October 2010, Africa-Israel released a statement: "Neither the company nor any of its subsidiaries and/or other companies controlled by the company are presently involved in or has any plans for future involvement in development, construction or building of real estate in settlements in the West Bank." However, the company received a 78 million shekel contract to construct the C-Jerusalem project in the settlement neighborhood of Gilo in East Jerusalem shortly after releasing the statement.

In 2013, while the construction of the C-Jerusalem project was progressing, Africa Israel made similar false claims to the Norwegian government. When the UK-based Business and Human Rights Resource Centre asked the company directly on the construction in Gilo, Africa Israel responded that, “we were surprised to learn that one can consider – Gilo Neighborhood, which is one of the well-established neighborhoods located in the heart of Jerusalem to be ‘a settlement in the occupied West Bank’ and find such a broad definition to be erroneous.”

In a statement to the Israeli Newspaper Yedioth Ahronoth on October 2014, Africa Israel announced that it will stop building in the occupied Palestinian territories including in Jewish settlements neighborhoods in East Jerusalem. However, there is not mention of this alleged policy change in any of the company’s official publications.

 

Economic Activism Highlights

  • In 2014, Nordea Bank entered an engagement with Danya Cebus over its construction activity on Palestinian land.
  • In 2014, Danske Bank withdrew holdings in Danya Cebus because it “finances construction of illegal settlements in the occupied Palestinian territories in the West Bank.”
  • In 2012, Norway’s Government Pension Fund Global fund excluded Danya Cebus on the grounds that its construction of settlements in East Jerusalem are a “breach of international humanitarian law.”
  • Danish pension fund PKA Ltd. divested from Danya Cebus in 2010 over its role in settlement building.

Stock symbols

TASE : DNYA

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