Deals Counterparts

Emerging Markets Infrastructure Fund II invests in Morocco's transport and logistics infrastructure

Investment Transport announced Morocco Feb 23, 2026
USD243M
Deal Value

The fundraising included a $65 million commitment from the Emerging Markets Infrastructure Fund II, a Danish fund also managed by A.P Moller Capital, for investment in Morocco's transport and logistics infrastructure.

Deal Analysis

Emerging Markets Infrastructure Fund II, managed by A.P Moller Capital, has committed $65 million to Morocco's transport and logistics infrastructure. This investment, made through APM Capital Morocco, signifies a continued interest in developing critical infrastructure within emerging markets. The deal underscores the attractiveness of Morocco as an investment destination, particularly within the transport sector, and highlights the role of private capital in supporting infrastructure development in the region. The investment by Emerging Markets Infrastructure Fund II, a Danish fund, suggests a long-term view on the growth potential of Morocco's transport and logistics sector. A.P Moller Capital's involvement as the manager adds credibility and expertise to the investment, given their experience in infrastructure projects. This deal could potentially catalyze further investment in similar projects within Morocco and other emerging markets, demonstrating the viability of infrastructure investments in these regions.
  • A $65 million commitment from Emerging Markets Infrastructure Fund II.
  • Investment focused on Morocco's transport and logistics infrastructure.
  • APM Capital Morocco is the investment firm involved.
  • A.P Moller Capital manages the Emerging Markets Infrastructure Fund II.
Market Context: Morocco is strategically located and is increasingly becoming a hub for trade and logistics in North Africa. Investment in transport infrastructure is crucial for supporting economic growth and facilitating trade flows within the region and beyond.

Source Intelligence

KEY DETAILS

APM Capital acquired a 49% stake in MCM in 2020 and exited that investment in May 2025. During that period, MCM handled more than half of Morocco’s grain bulk imports and expanded into the Senegalese market. APM Capital is also part of a consortium developing the Chbika green hydrogen project in the Guelmin-Oued Noun region. The project aims to produce 200,000 tons of green ammonia for export to Europe, with APM Capital leading the development of necessary port and associated infrastructure. The World Bank projects that Moroccan ports could become important global green bunkering hubs due to their strategic location. The Bank estimates that by 2030, ships calling at Moroccan ports could require around 0.2 million tons of hydrogen-equivalent fuel, potentially rising to about 2.83 million tons by 2050.

Deal Size
AP Moller Capital Raises $243 Million for Morocco’s Transport & Logistics
Location
investment in Morocco’s transport and logistics infrastructure
Announcement
February 23rd, 2026
PARTIES MENTIONED IN SOURCE
A
A.P Moller Capital investor

"A fund managed by A.P Moller Capital has raised $243 million for investment in Morocco’s transport and logistics infrastructure"

E
Emerging Markets Infrastructure Fund II investor

"The fundraising included a $65 million commitment from the Emerging Markets Infrastructure Fund II, a Danish fund also managed by A.P Moller Capital."

M
Mohammed VI Investment Fund investor

"The fund has been selected to be part of the Mohammed VI Investment Fund, which aims to catalyze long-term investments in transport and renewable energy sectors."

medium quality Enriched Feb 25, 2026

Timeline

Announced
Feb 23, 2026
Signed
Closed

Market Context

This deal is part of the Transport sector in Morocco.
110
Transport deals
9
deals in Morocco
1 of 110 Transport deals tracked this month · Updated daily

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