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Morocco: African Development Bank Group provides EUR 100 million loan for battery gigafactory

Description

On 24 July 2026, the Board of Directors of the African Development Bank Group approved a EUR 100 (USD 113.74) million loan to Gotion Power Morocco. The financing supports the development of an integra...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Jul 2026

Revocation date

No revocation date

Implementation level

IFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Products

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