Nigeria just signed a major deal with South Korea, aiming to build Africa’s first electric vehicle manufacturing plant.

💡 The Federal Government of Nigeria signed a landmark Memorandum of Understanding (MoU) with South Korea’s Asia Economic Development Committee (AEDC) to establish what officials describe as Africa’s first large-scale electric vehicle (EV) manufacturing plant.

💡 The agreement aims to build a local EV assembly and production hub, backed by plans to develop nationwide charging infrastructure and support Nigeria’s National Energy Transition Plan and Automotive Industry Development Plan.

Would you want an electric vehicle made in Africa? 📍Nigeria?