Phosboucraa mobilizes 2 billion dirhams from the CDG Group to support its ambitious investment program in the Southern Provinces

Phosboucraa has announced the mobilization of 2 billion dirhams in financing from the Caisse de Dépôt et de Gestion (CDG). This fundraising, structured by CDG Capital, will support the implementation of Phosboucraa's extensive investment program in the Southern Provinces of the Kingdom. With a total budget of 23 billion dirhams, this program aims to establish an integrated industrial and logistics hub in the Southern Provinces by 2030. Key components include expanding production capacity at the Phosboucraa mine, constructing a new phosphate port to facilitate exports, and developing a high-value fertilizer production unit, specifically Triple Super Phosphate (TSP). By mobilizing funds from capital markets, Phosboucraa is positioned to transition from a mining model to a sustainable industrial model that creates value and generates local socio-economic impact. This project is expected to significantly enhance the economic competitiveness of the region and create sustainable jobs. This initiative aligns with the national development strategy for the Southern Provinces and reflects CDG's ongoing commitment to support structuring projects that drive growth for the Kingdom. As a wholly-owned subsidiary of the OCP Group, Phosboucraa S.A. is located in the heart of the Southern Provinces, actively contributing to the human, economic, and industrial development of the region. In line with its model of shared value creation, Phosboucraa systematically reinvests all profits generated into the sustainable development of the region. This commitment is evidenced by the construction of essential infrastructure, significant investments in education, environmental initiatives, and training, as well as the promotion of a sustainable and inclusive regional economy. Phosboucraa symbolizes the territorial anchoring of the OCP Group, embodying its commitment to combine industrial excellence with social responsibility. Through its activities, it contributes to the emergence of sustainable ecosystems, the development of prosperous communities, and the responsible management of natural resources, which are vital for global food security and agricultural development in Africa. Phosboucraa prioritizes sustainability, employment equity, and local impact creation in all its actions, fully illustrating the vision of integrated development that combines economic performance, social inclusion, and environmental respect.