Phosboucraa Raises 2 Billion DH from CDG to Accelerate Its Industrial Development in the South

Phosboucraa announces the mobilization of 2 billion dirhams in financing from the Caisse de Dépôt et de Gestion (CDG). Structured by CDG Capital, this fundraising supports the rollout of Phosboucraa’s extensive investment program in the Kingdom’s southern provinces.

With a total budget of 23 billion dirhams, the program aims to establish an integrated industrial and logistics hub in the Morocco's southern provinces, by 2030. It encompasses the expansion of production capacity at the Phosboucraa mine, the construction of a new phosphate port to streamline exports, and the development of a high value-added fertilizer production unit, specialising in Triple Super Phosphate (TSP).

By raising funds in the capital markets, Phosboucraa benefits from favorable financing conditions to support its transition from a mining-based model to a sustainable industrial framework.The project is expected to enhance regional competitiveness and generate long-term socio-economic value, notably through the creation of sustainable jobs.

This initiative aligns fully with Morocco’s national development strategy for the Southern Provinces and reflects CDG’s enduring commitment to supporting structuring projects that drive sustainable growth across the Kingdom.

A wholly owned subsidiary of the OCP Group, Phosboucraa S.A. is based in the heart of Morocco’s Southern Provinces, where it actively contributes for the region's human, economic, and industrial development. True to its shared value creation model, Phosboucraa systematically reinvests all generated profits into the region's sustainable development.

This commitment is reflected in tangible ways: through infrastructure development, major investments in education, environmental stewardship, and vocational training, as well as efforts to foster a sustainable and inclusive regional economy.

As a true emblem of the OCP Group’s territorial anchoring, Phosboucraa embodies the Group’s vision of combining industrial excellence with social responsibility. Its activities contribute to the emergence of sustainable ecosystems, the empowerment of thriving local communities, and the responsible management of natural resources — all of which are essential to global food security and agricultural development across the African continent.

Phosboucraa places sustainability, employment equity, and local impact at the heart of its operations. It exemplifies the vision of integrated development, combining economic performance, social inclusion, and environmental reponsability.

OCP: 100% Unconventional Water, Clean Energy, and Carbon Neutrality

OCP has recently launched a green investment strategy aimed at scaling up fertilizer production while investing in renewable energy. This strategy entails a total investment of approximately $13 billion over the 2023–2027 period. As of early 2025, the Group uses 100% unconventional water—ensuring full autonomy through desalination, with a projected capacity of 560 million m³ per year by 2027. The strategy also targets 100% clean energy by 2027 and full carbon neutrality by 2040 (Scopes 1 and 2 by 2030, and Scope 3 by 2040), while expanding the production of green fertilizers.