OCP Secures €350M from AFD for Morocco’s Green Transition
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Fatima Saif
- . May 13, 2025
- . Update: May 15, 2025 6:20 pm
This is a major milestone in Morocco’s environmental transformation efforts after the giant Moroccon fertilizer company OCP Group secures €350 million funding from France Development Agency(AFD) to support their wholesome green investment strategy.
The new document signed will strengthen the broader $13 billion investment plan of OCP covering 2023-2027, which should allow OCP to both increase production capacity of fertilizers at the same time working towards the company’s ambitious environmental goals.
According to the recent statement by the OCP, the investment will speed up a number of important sustainability moves:
- A commitment to 100% clean energy in all of its industrial operations by year 2027.
- To meet all the industrial water requirements through the non-conventional sources.
- Increasing decarbonized fertilizers’ production capacity.
- Use of green ammonia in manufacturing process
The collaboration supports the efforts of OCP to become carbon neutral in the whole value chain by 2040, contributing to the national strategy of Morocco on the transition to a green energy strategy.
This financing agreement will further consolidate the existing cooperation between AFD and OCP since they both aim to promote sustainable development and protect the environment in the industry of fertilizers where high volumes of carbon emissions have been traditionally common.
The deal is just a part of a big green investment in North Africa, which would make Morocco the regional leader in sustainable industrial transformation.
