The OCP Group plans to mobilize 52.5 billion dirhams by 2026, according to Asharq Business. This amount represents the largest share of the planned public investments in Morocco, estimated at 179.7 billion dirhams in the 2026 finance bill. This marks a 6% increase compared to the previous year.
This funding is part of the group’s “green program,” which is allocated 130 billion dirhams for the period 2023-2027. The program aims to increase fertilizer production capacity from 12 to 20 million tons, achieve carbon neutrality by 2040, and ensure water self-sufficiency by the end of the year through the use of unconventional water sources. The plan also includes the development of 5 gigawatts of clean energy and the production of 560 million cubic meters of desalinated water annually by 2027.
### A Growing Group Despite Expected Decline in Profits
In 2024, OCP recorded the second-best result in its history, with a net profit of 20.9 billion dirhams, up 46%. This performance was driven by record exports of 12.3 million tons, allowing the group to achieve nearly 32% of the global market share.
However, for 2026, the Ministry of Economy and Finance is projecting a slight decline in profits, expected to be 18.4 billion dirhams, reflecting a 10% drop due to rising costs. Approximately half of these profits are expected to be transferred to the state budget.
The phosphate and derivatives sector generated 8.2 billion dirhams in revenue in the first half of 2025, an increase of 3.2%, primarily due to demand from Brazil and India. OCP’s annual revenues are estimated at 105 billion dirhams, compared to 97 billion the previous year.
### Diversification and Energy Transition
As the country’s largest industrial employer, OCP holds the monopoly on phosphate extraction, processing, and exportation. The group reinvests a significant portion of its revenues into future-oriented sectors: green hydrogen, desalination, renewable energy, education, and support for start-ups. Its assets reached 320 billion dirhams by the end of June, up 4.8% year-on-year.