The African Development Bank (AfDB) announced in a statement that it signed three loan agreements on Monday for a total amount of 188 million dollars ($ million) with the OCP group in Rabat. The signing is part of the financing of the OCP Group's Green Investment Program

OCP is the global leader in soil fertility and plant nutrition solutions. According to the bank press release, the first loan, in the amount of $150 million, from the resources of the BAD et le deuxième d' une valeur de $18 million from the resources of the Climate Fund Canada African Development Bank (CACF - Canada-African Development Bank Climate Fund), are intended to finance the construction of three modular seawater desalination plants, says the same source. These OCP group plants will have a total annual capacity of 110 million m3. The third loan, of $20 million, comes from the resources of the Clean Technology Fund (CTF - Clean Technology Fund), and will be used to finance energy storage systems generated by renewable sources