IFC and OCP Group Launch Project to Address Water Shortage in Morocco and Food Insecurity in Africa

IFC has provided a €100 million loan to OCP Group in Morocco to increase sustainable water supply for fertilizer production. The loan will fund the construction of a 219-kilometer water pipeline and pumping station to transport desalinated water from OCP Group’s facilities in Jorf Lasfar to support their plant nutrition solutions and phosphate-based fertilizers. This initiative aims to enhance water availability for farmers and households while promoting environmentally-friendly agricultural practices.

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