SACE and OCP continued their industrial cooperation through a business-matching session held in Casablanca on November 10, 2026. This second SACE Connects Live Business Matching meeting followed an initial session held in Milan in 2025. The initiative therefore establishes continuity between discussions launched in Italy and their extension in Morocco, closer to the industrial requirements identified by OCP.
The program combined institutional remarks, an OCP corporate presentation and dedicated bilateral meetings. This format was intended to let participants examine potential areas of industrial cooperation directly. At this stage, however, the verified immediate development remains the meeting itself and the continuation of dialogue between the parties, with no announcement of supply contracts or investments resulting from the Casablanca session.
Several OCP units and entities involved
The meeting involved several OCP units and related entities, including SBU Mining, SBU Manufacturing, SBU Rock Solutions, Nutricrops, SP2M, Mohammed VI Polytechnic University and JESA. This diverse representation gave the discussions a broad industrial scope, spanning mining and manufacturing activities as well as capabilities associated with innovation, technical solutions and the group’s operational requirements.
Potential cooperation areas included phosphate extraction and processing technologies, industrial machinery and plants, and mechanical and hydraulic components. Renewable energy, energy efficiency, water treatment and fertilizer technologies were also among the sectors identified. These remain areas for prospective cooperation and dialogue, rather than projects whose implementation, supplier selection, funding or operational status has already been confirmed by the reviewed sources.
Building on €365 million in green financing
The initiative builds on a €365 million green-financing transaction for OCP, fully guaranteed under SACE’s Push Strategy. BNP Paribas and Crédit Agricole Corporate and Investment Bank arranged or provided the financing. Announced on May 27, 2025, that transaction represents the earlier financial foundation supporting the current effort to develop industrial connections between OCP and potential Italian suppliers.
The transaction marked the first use of OCP’s Green Finance Framework and SACE’s first Push Strategy-guaranteed operation in Morocco. The Push model combines financing for foreign counterparties with business-matching activities designed to connect them with Italian suppliers. The Casablanca session illustrates this second component by providing a setting in which industrial requirements and relevant supplier capabilities could be considered together.
Discussions linked to OCP’s green investment program
The financing contributes to OCP’s approximately $13 billion green-investment program for 2023-2027. Its stated objectives include reaching 100% use of non-conventional water and 100% clean energy by 2027, alongside increased production of lower-impact or green fertilizers. These points are program targets reported by OCP and SACE, rather than completed outcomes, and should continue to be understood in that forward-looking context.
Against this background, the themes addressed in Casablanca align directly with the announced priorities. Water-treatment technologies, energy efficiency, renewable energy and industrial equipment could inform the examination of solutions suited to OCP’s requirements. The meeting alone does not, however, demonstrate that any technology has been adopted, any supplier selected, any investment approved or any timetable established for implementation in Morocco.
Morocco-Italy cooperation focused on industrial capabilities
The initiative forms part of a broader framework of industrial cooperation between Morocco and Italy focused on advanced manufacturing, renewable energy, water management and infrastructure. Reported priorities also emphasize technology, skills and stronger local production capabilities. These dimensions could give business relations between the two countries a durable industrial focus, provided that prospective contacts are followed by defined and verifiable projects.
Italian Ambassador Pasquale Salzano described the Casablanca event as connecting financial instruments, industrial expertise and business opportunities in order to build durable partnerships. This characterization highlights the event’s bridging function: financing provides an enabling framework, while bilateral meetings allow participants to examine possible complementarities. Turning those discussions into commercial commitments will nevertheless require subsequent decisions and documented agreements from the organizations involved.
Commercial outcomes still need confirmation
The reviewed sources announce no new procurement contract, joint venture, factory or investment commitment resulting from the session. They also disclose no reliable participant count, complete list of attending Italian companies or value for prospective commercial deals under discussion. This distinction is essential when assessing the development: a structured business-matching channel has been created, but a completed industrial outcome has not yet been reported.
The next concrete advances would need to come through verifiable disclosures by OCP, SACE or participating companies. Signed contracts, selected suppliers, investment amounts, implementation schedules or measurable industrial benefits in Morocco would make it possible to assess the practical impact of the contacts established. Until then, Casablanca represents a constructive stage of dialogue supported by an existing financing framework and clearly identified sector priorities.
