Morocco, Dec. 4 -- The Board of Directors of the African Development Bank Group approved on Wednesday a non-sovereign partial credit guarantee of up to €450 million to support the Office Cherifien des Phosphates (OCP) Group.Launched for the first time in Morocco, this financing instrument will enable OCP Group to mobilise up to €530 million in long-term funding from international financial institutions. The resources will be raised under OCP's green finance framework to support its 2023-2030 Green Investment Programme. The financing will contribute to projects aimed at reducing greenhouse gas emissions, developing clean energy, and enhancing operational efficiency in water and energy management. It will also support initiatives ...