News
04 December 2025

OCP inks €450m AfDB guarantee deal

In:
Chemicals/Petrochemicals
Region:
Middle East & Africa

Moroccan phosphates and fertiliser producer OCP Group has signed a credit guarantee of up to €450 million ($525 million) from AfDB to advance its low-carbon objectives. The guarantee will allow OCP to mobilise as much as €530 million in long-term funding from international financial...

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