Tag: OCP green investment program
Emerging Markets Finance Headlines Morocco

AfDB approves 450 million euro guarantee for OCP green investment program

North Africa PostComments Off on AfDB approves 450 million euro guarantee for OCP green investment program

The African Development Bank Group board of directors approved Wednesday a 450 million euro non-sovereign partial credit guarantee benefiting the Phosphates Office Group. This financing instrument, deployed in Morocco for the first time, aims to enable OCP Group to mobilize loans up to 530 million euros from international financial institutions aligned with its green financing […]
Emerging Markets Energy Finance Headlines Morocco

African Development Bank approves 450 million euro guarantee for OCP green investment program

North Africa PostComments Off on African Development Bank approves 450 million euro guarantee for OCP green investment program

The African Development Bank Group board of directors approved Wednesday a 450 million euro non-sovereign partial credit guarantee benefiting the Phosphates Office Group. This financing instrument, deployed in Morocco for the first time, aims to enable OCP Group to mobilize loans up to 530 million euros from international financial institutions aligned with its green financing […]