Sat. Oct 12th, 2024

OCP Secures Euro 100m Loan from IFC to Combat Water Scarcity and Food Insecurity in Africa

OCP Group, the leading Moroccan phosphate and fertilizer producer, has secured a Euro 100 million loan from the International Finance Corporation (IFC) to combat water scarcity and food insecurity in Africa. The funds will be used to finance the expansion of OCP’s agricultural business in the continent, focusing on irrigation infrastructure and sustainable farming practices.

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