News
27 July 2026

AfDB approves €100m loan for 10GWh gigafactory

In:
Metals and Mining
Region:
Middle East & Africa

AfDB has approved a €100 million ($110 million) loan to Gotion Power Morocco for a lithium iron phosphate battery gigafactory. The loan will finance an integrated cathode-to-cell lithium iron phosphate battery gigafactory in the Rabat-Sale-Kenitra Free Trade Zone. The bank also plans...

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