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IFC and OCP Group Launch Project to Address Water Shortage in Morocco and Food Insecurity in Africa

Source link : https://www.afric.info/2024/09/14/news/ifc-and-ocp-group-launch-project-to-address-water-shortage-in-morocco-and-food-insecurity-in-africa/

To increase the supply of sustainable water for fertilizer production, farmers and households in Morocco, IFC today announced a €100 million loan (about US$108 million) to OCP Group, the world leader in plant nutrition solutions and phosphate-based fertilizers. The loan will support the construction of a 219-kilometer water pipeline and pumping station to transport desalinated […]

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Author : AFRICA-NEWS

Publish date : 2024-09-14 11:02:18

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