Announcement
24 Jul 2026
In July 2026, the African Development Bank Group approved a EUR 100 million loan to Gotion Power Morocco to finance the development of an integrated cathode-to-cell lithium iron phosphate battery gigafactory.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
24 Jul 2026
Revocation date:
No revocation date
Announced: 24 Jul 2026
State loan
In force
Recent update from 27 Jul 2026:
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 inte...
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