The Mattei Plan

In Casablanca, Sace and OCP are paving the way for Italian businesses and industrial contracts

The $13 billion investment programme launched by the Moroccan group for the period 2023–2027 is creating new opportunities for suppliers. Ambassador Salzano: “Economic diplomacy brings together financial instruments, technical expertise and business opportunities to build lasting partnerships.”

from our correspondent in Casablanca Sergio Rochi

10 November 2026

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Michele Pignotti, amministratore delegato di Sace Imagoeconomica

3' min read

Translated by AI

Versione italiana

Key points

From credit to supplier relationships
The business plan and premises for Italian companies
The link with the Mattei Plan

3' min read

Translated by AI

Versione italiana

CASABLANCA – From financing to supply opportunities. The partnership between Sace and the Moroccan OCP Group is entering a new phase with the event ‘SACE Connects | Live Business matching with OCP Group Morocco’, which is bringing together Italian companies and representatives of the group today in Casablanca. This takes place against the backdrop of the investment programme worth approximately 13 billion dollars launched by OCP for the period 2023–2027: a plan that combines the expansion of production capacity with initiatives in renewable energy, water management and industrial sustainability.

“For Italy, economic diplomacy means bringing together financial instruments, industrial expertise and business opportunities to build lasting partnerships. The cooperation between SACE and OCP is an excellent example of this approach,” said the Italian Ambassador to Morocco, Pasquale Salzano, speaking at the meeting held at the group’s headquarters.

From credit to supplier relationships

The initiative marks the second stage of the business matching programme launched in Milan in November 2025. The financial basis for this is the €365 million transaction finalised in May of the same year: a loan provided by BNP Paribas and Crédit Agricole Corporate and Investment Bank, fully guaranteed by Sace and earmarked for OCP’s development and sustainable transition.

This is the first transaction carried out in Morocco as part of Sace’s Push Strategy and the first financing under the Moroccan group’s Green Finance Framework. The scheme aims to promote the internationalisation of Italian businesses by supporting major foreign buyers, combining credit facilities with opportunities to meet potential Italian suppliers.

The event in Casablanca builds on this approach. The programme includes a plenary session, featuring institutional addresses and presentations of the development plans for OCP’s main divisions, followed by B2B meetings between representatives of the group and the participating companies. The aim is to gain a deeper understanding of the client’s industrial requirements and to identify potential areas for collaboration.

“Financial instruments can help to create opportunities. It is through direct cooperation between businesses that these opportunities are transformed into real investments and tangible results,” emphasised Salzano.

The business plan and premises for Italian companies

OCP, one of Morocco’s leading industrial groups and a world leader in phosphate-based fertilisers, has set out its 2023–2027 programme, which focuses on increasing production and on the energy and environmental transition. Its objectives include the exclusive use of non-conventional water, the use of 100 per cent clean energy by 2027, and an increase in the production of fertilisers with a lower environmental impact.

For Italian suppliers, areas of interest include mining technologies, industrial machinery, plant engineering and manufacturing. In addition to these are engineering and specialised services, solutions for energy and water management, as well as activities related to agriculture and fertilisers.

The common ground lies between the demand for technologies and services generated by OCP’s investments and the expertise of Italian companies. The business matching initiative aims to translate this complementarity into supply relationships: financial support creates the framework for collaboration, whilst meetings between companies serve to explore commercial opportunities.

The link with the Mattei Plan

In his speech, Salzano linked the cooperation between SACE and OCP to the objectives of the Mattei Plan for Africa, “which places mutual respect, shared priorities and practical economic cooperation at the heart of our partnerships with African countries”.

“We believe that the strongest economic relationships are those in which both parties contribute their respective strengths and share opportunities for growth. It is in this spirit that Italia approaches its economic partnership with Morocco,” added the ambassador.

The aim is to build business relationships that will support the Moroccan group’s investment strategy. The success of the initiative will therefore be measured by its ability to turn the meetings in Casablanca into projects, contracts and lasting partnerships between the two economies.

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