PROJECT

Projects

Summary of Investment Information

Project Number

51794

Company Name

OCP S.A.

Date SPI Disclosed

Apr 10, 2026

Country

Morocco

Region

Africa

Projected Board Date

May 11, 2026

Environmental Category

B - Limited

Status

Pending Disbursement

Last Updated Date

May 29, 2026

Department

Regional Industry - MAS Africa

Industry

Manufacturing

Previous Events

Approved : May 18, 2026
Signed : May 26, 2026

Sector

Phosphatic Fertilizer

Project Description

The proposed investment consists of a corporate debt facility to OCP SA (“OCP” or the “Company,” https://www.ocpgroup.ma/) to finance the development of an inland phosphogypsum (“PG”) storage facility of up to 22 million tons capacity capacity, with a storage height of 60 m, in Jorf Lasfar, Morocco (the “Project”). OCP generates PG as a by-product in the production of phosphoric acid for phosphate fertilizers. The Project helps support sustainable PG management.

Associated Advisory Engagement

The proposed investment is enabled by an ongoing collaboration with OCP to support the storage of PG and to develop viable economic valorization pathways for PG.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation