Morocco secures $114 million in funding for Africa’s first EV battery factory
First publishedJul 24, 15:16 UTC
Last updatedJul 24, 17:48 UTC · 6m ago
1 outlet
Seattle Times
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Answer
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.
Reported by 1 outlet — Seattle Times. See all sources ↓
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In brief
- What's the story?
- 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.
- How widely is it covered?
- 1 outlet, average source rating 6.0/10.
- When was it last updated?
- 6m ago.
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Morocco secures $114 million in funding for Africa’s first EV battery factory
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Avg source rating 6.0/10Processing cluster
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