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African Development Bank commits €100 million to Gotion’s Moroccan Battery Gigafactory
The African Development Bank’s board has approved a €100 million loan to Gotion Power Morocco for the construction of an integrated lithium‑iron‑phosphate (LFP) battery gigafactory in the Rabat‑Salé‑Kénitra free‑zone. The plant will initially produce 10 GWh of EV‑grade cells and packs, with a roadmap to scale up to 100 GWh, creating more than 600 direct jobs and targeting 70 % local content. The project aligns with the AfDB’s four‑pillar strategy—resilient infrastructure, accelerated industrialisation, value‑addition of African resources, and regional integration—positioning Morocco as a hub for sustainable mobility and green‑technology value chains across MENA and Africa.
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Deal Overview
The African Development Bank (AfDB) governing board approved a €100 million loan to Gotion Power Morocco to build an integrated lithium‑iron‑phosphate (LFP) battery gigafactory in the Rabat‑Salé‑Kénitra free‑zone.
Project Scope
The plant will cover the full value chain—from cathode material processing to cell and pack assembly—targeting an initial capacity of 10 GWh of EV batteries, with a roadmap to reach 100 GWh.
- Location: Rabat‑Salé‑Kénitra free‑zone, Morocco
- Technology: LFP batteries powered mainly by renewable energy
- Phase 1 output: 10 GWh
- Future capacity: 100 GWh
- Local content target: 70 %
- Direct jobs (Phase 1): >600
Strategic Importance
According to Kevin Kariuki, AfDB Vice‑President for Electricity, Energy, Climate and Green Growth, battery storage is the missing link for Africa’s clean‑energy transition. A plant of this scale, largely powered by solar and wind, will underpin large‑scale renewable integration and create green industrial jobs.
Achraf Tarsim, AfDB Country Manager for Morocco, said the gigafactory will be a catalyst for Morocco’s emergence as a hub for sustainable mobility manufacturing and will promote the local valorisation of critical minerals.
Economic and Industrial Impact
The project is expected to generate more than 600 direct jobs in its first phase and achieve a 70 % local‑content rate, fostering skills development and strengthening Morocco’s industrial ecosystem.
Alignment with AfDB’s Four‑Pillar Strategy
The investment supports the AfDB’s pillars of resilient infrastructure, accelerated industrialisation, African natural‑resource value‑addition, and regional integration, reinforcing the continent’s role in global clean‑energy and electric‑vehicle value chains.