OCP Africa CF

active

 Established in 1920, in Morocco, and transformed into a société anonyme in 2008, OCP SA (“OCP” or the “Company,” https://www.ocpgroup.ma/) is the world’s leading producer and exporter of phosphate products. OCP is the largest company (c. 21,000 employees) and largest exporter (17.3% of the country’s exports in 2019) in Morocco. OCP has fertilizer processing platforms at Safi and Jorf Lasfar in Morocco.OCP is looking to increase its presence in Africa and thus established, OCP Africa SA (“OCP Africa”, https://www.ocpafrica.com/en/home) in 2016, a subsidiary dedicated to growing the business in Sub-saharan Africa (SSA) with the main objectives of producing fertilizer near main agribusiness markets, invest in logistics and distribution, and provide support and training to farmers. The proposed investment is to finance the Company and its subsidiaries’ (the “Group”) facilities and agri-ecosystem development program in Senegal, Cote d’Ivoire, Nigeria, Ethiopia, Ghana, Kenya and Tanzania (the “Project”):