South Sudan rebels are accusing Egypt of carrying out bombing raids against their positions and warn of regional war, Reuters reports. The rebels claim the Egyptian Air Force dropped “more than nine bombs and explosions on SPLA-IO positions.” Foreign Ministry spokesperson Ahmed Abu Zeid denied the allegations.
More from Enterprise
Four foreign funds line up USD 256 mn for Banque du Caire
London’s Redwheel is among the backers, nearly two weeks after…
Inside the financing of Egypt’s IPP boom
The contracts and the resources are proven, so the open…
FRA and EGX eye law change to let LLCs and partnerships set up investment funds
Regulators want to keep Egyptian money from setting up funds…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…