Tag: EV batteries

AfDB backs Morocco battery gigafactory with $114 million loan
BusinessHot News

AfDB backs Morocco battery gigafactory with $114 million loan

AfDB approves a $114 million loan for Morocco's first EV battery gigafactory, boosting Africa's electric vehicle supply chain and exports to Europe.

Oluwatosin Alao Oluwatosin Alao
BYD eyes South Africa battery plant as EV push gains pace across Africa
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BYD eyes South Africa battery plant as EV push gains pace across Africa

BYD is exploring a South Africa battery plant as it expands EV sales, dealership growth and local manufacturing backed by new financing and policy support.

Oluwatosin Alao Oluwatosin Alao
Africa’s mineral Goldmine to attain $69.7 million by 2032
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Africa’s mineral Goldmine to attain $274.2 billion by 2032

Africa’s vast mineral reserves are key to global tech and green energy growth, but governance, environmental risks, and infrastructure gaps must be addressed.

Feyisayo Ajayi Feyisayo Ajayi