Emerging Markets Infrastructure Fund II invests in Morocco's transport and logistics infrastructure
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
- 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.
Source Intelligence
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.
"A fund managed by A.P Moller Capital has raised $243 million for investment in Morocco’s transport and logistics infrastructure"
"The fundraising included a $65 million commitment from the Emerging Markets Infrastructure Fund II, a Danish fund also managed by A.P Moller Capital."
"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."
Global Infrastructure Sherpa