A fund managed by A.P Moller Capital has raised $243 million for investment in Morocco’s transport and logistics infrastructure, according to a report from The Maritime Executive. The APM Capital Morocco Fund attracted significant interest from both Moroccan and foreign institutional investors.
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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. This financing is expected to support Morocco’s growing momentum in port development in the Mediterranean region.
A.P. Moller Capital considers Morocco a priority market due to strong macroeconomic fundamentals, rising near-shoring activity, and sustained infrastructure investment. The firm has a history of projects in the Moroccan port sector, including a past investment in the grain operator Mass Cereales al Maghreb. 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.