Africa50-Project Finance

Africa50's Role


Azura Power Limited (APL)

Development Impact


  • The project has improved access to electricity for Mozambicans: 175MW of gas fired generation capacity that serves as a critical asset, providing ~15% of nationally supplied power.
  • CTRG supports Mozambique’s gas to power strategy, a country with significant onshore and offshore gas reserves (150 Tcf), the third-largest reserve volume in Africa.


  • As The company has a solid ESG Management
  • System based on International standards and an Environmental and Social Action Plan.


  • Significant local job creation with 500+ temporary job opportunities created during the construction phase and ~50 permanent employment opportunities created during operational phase.
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