The International Finance Corporation (IFC) has approved a €100 million (USD 108 million) loan to the OCP Group to construct a cross-country water pipeline in Morocco.

OCP’s 219-kilometer pipeline will transport desalinated water from OCP's existing and planned plants in Jorf Lasfar on the Atlantic coast to its production operations in Khouribga. The project is expected to provide OCP with a sustainable water source, freeing up water for other regional uses.

With the construction underway, the pipeline is expected to supply a total capacity of 80 million cubic meters per year upon completion. The project is part of OCP's broader water program, aiming to supply 100 percent non-conventional water to the group by the end of 2024.

OCP plans to invest $611 million to produce 560 million cubic meters of desalinated water and 60 million cubic meters of treated wastewater annually by 2027. The pipeline is expected to be powered by renewable energy sources, contributing to climate resilience and sustainable water management.

Since 2021, IFC and OCP have partnered on various projects, including sustainable food systems, solar plants, and green fertilizer production. 

The corporation also invested and mobilized more than $1 billion to support sustainable economic development in Africa over the past three fiscal years.