AfDB
AfDB Backs Morocco’s First Integrated LFP Battery Gigafactory With €100 Million Loan
The African Development Bank has approved a €100 million loan for an integrated lithium iron phosphate battery plant in Morocco, with an…
Category: Automotive
Automotive
South Africa’s Battery-Minerals Incentive Plan Could Rewire Regional EV Supply Chains
South Africa’s proposal to include battery minerals in automotive incentives could link EV manufacturing to regional value addition across SACU and SADC.
Automotive
South Africa’s Battery-Minerals Incentive Plan Could Rewire Regional EV Supply Chains
South Africa’s proposed automotive incentive changes would treat selected battery and industrial minerals from SACU and SADC countries as local content, linking…
Africa
Spiro’s $215m Raise Pushes Africa’s Battery-Swapping Market Toward Scale
African electric mobility firm Spiro has raised $215 million to expand electric motorcycles, battery swapping and local clean transport infrastructure.
Automotive
Spiro Raises $100 Million to Power Africa’s Electric Mobility Revolution
Spiro, Africa’s leading e-mobility startup, secures $100 million in the continent’s largest EV funding round to expand battery-swapping and electric motorbike networks…
Afreximbank
Afreximbank renews partnership with African Association of Automotive Manufacturers (AAAM) to promote industrialisation of Africa’s automotive sector
ALGIERS, Algeria, September 23, 2025 The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has renewed its memorandum of understanding (MoU) with the African Association…