The African Development Bank has approved a $114 million loan to help finance the construction of Africa’s first electric vehicle battery gigafactory in Morocco, marking a milestone in the continent’s clean energy industrialization drive.

The African Development Bank (AfDB) has approved a EUR-100-million (USD 113.7m) loan to China's Gotion High-Tech Co Ltd (SHE:002074) to support the construction of an integrated…

The African Development Bank has approved a $114 million loan to help finance the construction of Africa’s first electric vehicle battery gigafactory in Morocco, marking a…