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Al Mada

InvestorUnverified

Private pan-African investment fund whose mining portfolio is anchored by Managem, a Moroccan group producing cobalt, copper, zinc, lead and precious metals that is reorienting towards critical metals.

Stakeholder group
Investors and investment funds
Headquarters
Morocco

Elements of interest

Investment criteria

Instruments
equity
Geography
africa

As published by the investor · source

Deals and financing (1)

  1. 2023-09-19 · Joint venture · signed

    CNGR Advanced Material (CNGR Morocco New Energy Technology) → Al Mada (Next Generation Industries) · CNGR New Tech Morocco (precursor, LFP and black-mass plants, Morocco)

    CNGR and Morocco's Al Mada signed a joint venture agreement to build 120,000 t/y of NMC precursor, 60,000 t/y of LFP and 30,000 t/y of black-mass recycling capacity in Morocco; CNGR holds 50.03%.

    official release

Company / organisation source

Profile compiled from public sources (almada.ma), checked 2026-10-03. Report an error