Dear Mozambique,
Under your northern sea lies one of the largest gas finds of the century. … Gas will earn. The question is who it will earn for.
“Gas will pay for decades. Write every citizen’s share into the contract before the first cargo sails.”
National Blueprint · One of 195
A nation of 35.6 million where a $20 billion gas project has restarted, and where nearly two in three citizens live below the national poverty line.
Perfect Nations values what Mozambique owns and raises capital against it, through innovative financing for development (FfD) and super intelligence (SI).
Mozambique at a glance
What we do for Mozambique
Perfect Nations is a new-age sovereign advisory firm, and its clients are nations.
The whole logo: a Perfect Nation, where every citizen has all seven basic standards of living, led by good governance.
01Assets · The cup · Sovereign Assets
Each is owned today, earns today, and can carry Mozambique toward seven basic standards of living for every citizen.
$20BMozambique LNG, first gas expected 2029
Restarted after the force majeure was lifted in November 2025.
82.7%Renewable share of electricity output, 2021
Clean power that reaches 36.9% of citizens.
41.3%Of land under forest, 2024
Miombo woodland and coastal mangroves.
14.9%Natural resource rents, share of GDP, 2021
A long Indian Ocean coast, rich in fisheries, ports and minerals.
35.6mCitizens, 2025
Young and mostly rural.
02Capital · The laurels · Capital Architecture
Bonds, guarantees, swaps and loans that raise capital against what Mozambique owns, every line sourced.
Capital ArchitectureThe record in figures
Capital already committed
Approved 28 March 2026 · Grant · Under implementation to 2033 · Total value $47.1 million
66,200 people directly, 52% of them women
A Green Climate Fund grant through Enabel for climate resilience in rural Mozambique, reaching 158,800 more people indirectly. It protects rural water, food and livelihoods.
Green Climate FundEnabel
SourceApproved 26 June 2025 · IDA grant
Health workers, medicines, surveillance and laboratories
Recruits, trains and keeps health workers in high-risk areas, makes the purchase of medicines faster and more transparent, strengthens disease surveillance and laboratories, and builds climate-adapted health facilities. It is the health standard.
World Bank
SourceApproved 20 June 2025 · IDA grant · First phase · Five years, to 2030
Schools as hubs, in 20 of the most vulnerable districts
Makes schools hubs for learning, school meals, basic health care and social protection, in climate-resilient, connected and safe buildings. It reaches education, food and health for school-age children and their families.
World Bank
SourceApproved 21 March 2025 · IDA grant · Plus $31 million from the Mozambique Energy for All Multi-Donor Trust Fund
Electricity for nearly one million people
Brings new electricity access to nearly one million people, better cooking to 90,000 and power to 68 schools, clinics and other public facilities. Energy sets Coverage in Mozambique, where 8% cook with clean fuels and technology.
World BankMozambique Energy for All Multi-Donor Trust Fund
SourceApproved 18 July 2024 · Grant · Under implementation to 2029 · Total value $28.3 million
975,000 people with increased resilience
A Green Climate Fund grant through Save the Children Australia that links climate adaptation with social protection for rural people, for better food and nutrition security.
Green Climate FundSave the Children Australia
SourceApproved 30 April 2024 · IDA grant
2,196 service providers trained
Trains and equips 2,196 providers of services for survivors of gender-based violence and builds a digital system for case management and referrals.
World Bank
SourceAnnounced 29 February 2024 · IDA grant $100 million · GFF grant $15 million · Top-up of $63.7 million, June 2025
About 4.6 million people, 1.5 million of them under five
Strengthens health and nutrition services in 63 districts of 10 provinces. The top-up of June 2025 adds $8.7 million from IDA, $5 million from the GFF and $50 million from a trust fund backed by Canada, the United Kingdom and Ireland.
World BankGlobal Financing Facility
SourceApproved 22 November 2023 · Development policy lending
Budget support for reforms
Budget support for reforms that strengthen budget institutions and the economy. Its amount and date rest on the World Bank project page, which has not opened in these reviews.
World Bank
SourceAnnounced 28 September 2023 · IDA grant
Nearly 1.3 million people
Improves water supply services in selected cities of the Greater Maputo metropolitan area and the southern region. It is the water standard, in a nation where 27.5% have safely managed drinking water.
World Bank
SourceApproved 30 March 2023 · IDA credit · 2023 to 2029
Over 26,000 new jobs expected over six years
Creates Mozambique’s first national Credit Guarantee Fund and lines of credit, to mobilise up to $450 million of private loans to micro, small and medium enterprises. It is the livelihood standard.
World Bank
SourceApproved 23 August 2022 · IDA grant · First phase of a programme of $850 million
508 km of priority roads in Cabo Delgado, Sofala and Zambezia
Rehabilitates priority sections of the national road network. Improving the N1 corridor would benefit about 56% of the population, linking them to markets, schools and clinics.
World Bank
SourceApproved 16 December 2021 · IDA grant · $41 million from a multi-donor trust fund
Cash support for the poorest families
Strengthens and expands social protection for the poorest families, families with children and women’s economic empowerment, with trust fund support from the United Kingdom, Sweden and the Netherlands.
World Bank
SourceApproved 14 December 2021 · IDA grant $300 million · Sweden and Norway $38 million · ESMAP Clean Cooking Fund $5 million
Over 340,000 connections by August 2025, against a target of 500,000
Brings grid electricity to about 1.1 million people and broadband to at least 580,000 in rural areas.
World Bank
SourceApproved 26 March 2021 · IDA grant $160 million · Global Partnership for Education $139 million
One hundred new rural preschools (Escolinhas)
Builds preschools in rural areas with low schooling, improves reading in the first three grades, expands lower secondary schools and makes schools safer for girls. It is the education standard.
World BankGlobal Partnership for Education
SourceAnnounced 16 July 2025 · Grant from the Transition Support Facility
24,000 direct jobs; more than 100,000 people
An AfDB grant for Cabo Delgado province, with 60% of the jobs for people aged 18 to 35 and half for women. It reaches livelihoods in the province of the gas projects.
African Development Bank
SourceAnnounced 21 May 2025 · ADF $33.2 million · Climate Action Window $10.4 million
Up to 332 GWh a year of wind power
Two new 43 km, 66 kV lines that carry power from the planned 120 MW Namaacha wind farm into the grid, with thousands of new connections expected for rural and underserved communities.
African Development Bank
SourceSecond amendment approved 13 March 2025 · Loan of 2019
Onshore LNG plant on the Afungi Peninsula
The U.S. Export-Import Bank board approved the second amendment of its 2019 direct loan of up to $4.7 billion for the construction of the onshore LNG plant and related offshore work.
Export-Import Bank of the United States
SourceIssued 5 March 2026 · MIGA guarantee, 20 years · Breach of contract cover
18.75 MWp of solar and a 6.7 MWh battery in Niassa
MIGA guarantees Globeleq against breach of contract under its power purchase agreement with Electricidade de Moçambique, for a solar and battery plant in Cuamba. Power for a remote northern province reaches homes, clinics and schools.
MIGAGlobeleqElectricidade de Moçambique
SourceApproved by the AfDB Group · Three years · Covers up to 100% of eligible transactions
Trade finance for small and medium-sized enterprises
A guarantee facility that lets international banks confirm BCI’s trade transactions, widening trade finance for small and medium-sized firms. The release carries no date.
African Development BankBCI
SourceProject financing concluded 2020 · About 30 lenders · Force majeure lifted 7 November 2025 · Full restart 29 January 2026 · First LNG expected 2029
Over 3,000 Mozambicans among more than 4,000 workers; contracts to Mozambican firms above $4 billion
A liquefied natural gas project in Cabo Delgado led by TotalEnergies (26.5%), with Mitsui, ENH, ONGC Videsh, Beas, BPRL and PTTEP, at 40% progress. The partners will add equity to replace the UK Export Finance and Atradius share, about 10% of external financing; up to 7,000 Mozambicans are expected to work on construction.
TotalEnergies and partnersENH
SourceFinal investment decision 2 October 2025 · AfDB senior loan approved 14 January 2026 · Project cost expected above $7 billion
3.6 million tonnes a year; more than $20 billion of fiscal revenue estimated
A floating LNG facility about 55 km off Cabo Delgado, led by Eni (50%) with CNPC, Kogas, ENH and XRG, for delivery in 2028. Part of its gas is reserved for clean cooking, domestic industry and power, the standard that sets Coverage.
African Development BankEniENH
SourceTomas MacuacuaNation Steward of Mozambique · SI Researcher
Independent firms and social enterprises already at work in Mozambique, highlighted by Perfect Nations. None is a partner of Perfect Nations.
Swipe for every enterprise
A Maputo importer, distributor and wholesaler of frozen and chilled foods, with one of the largest freezer capacities in Mozambique, serving retailers and restaurants. Norfund invested US$6 million of equity in 2022, alongside US$12 million from Zebu Investment Partners.
Norfund, 2022A power company owned by British International Investment and Norfund, which runs the Central Eléctrica de Tetereane solar and battery plant in Cuamba, Niassa, under a power purchase agreement with Electricidade de Moçambique. MIGA guaranteed the agreement in March 2026.
MIGA, 2026A 105-bed private hospital in Maputo, part of the Lenmed hospital group. IFC disclosed an equity investment of up to US$28 million in the group in 2022.
IFC, 2022A mobile money service whose active registered users tripled from 1.9 million to 6 million between 2018 and 2022, and which paid about 9 billion meticais (US$142 million) in commissions to its agents in five years. IFC signed a cooperation agreement with it in 2024 to reach more people, including smallholder farmers.
IFC, 202403Solutions · The seven stars · Perfect Capita
Perfect Capita is the yearly cost, per person, of lifting everyone above the Living Line in all seven basic living standards, set with Mozambique in its own prices.
How Perfect Capita worksTap a star for its figure and source.
The price of Perfect Mozambique
To be set with Mozambique, from its own figures and in its own prices: Perfect Capita times the people of Mozambique, each year.
Perfect Nations estimate, to be confirmed with Mozambique. Figures marked dated rest on surveys more than five years old; lenient measures are marked as such. The strict measures
Strict measures. Food: share not moderately or severely food insecure (FAO). Water: safely managed drinking water where measured; where it is not, basic water, marked as such. Shelter: the lower of safely managed sanitation and the share outside urban slums. Energy: the lower of electricity per person against 1,000 kWh and clean cooking. Education: the lower of children reading by the end of primary school and lower-secondary completion. Health: WHO service coverage index. Livelihood: share above the stricter of the national poverty line and the World Bank line for the nation’s income group. Each figure links to its source.
Swipe for every Solution
Solution No. 22
Future gas revenue finances clean cooking now, rather than after first gas.
~33mMozambicans who cook without clean fuel

Under your northern sea lies one of the largest gas finds of the century. … Gas will earn. The question is who it will earn for.
“Gas will pay for decades. Write every citizen’s share into the contract before the first cargo sails.”
Work with us · The ReDesign Studio
One mission, three depths: the same four moves for Mozambique, taken as far toward market as you choose.
For the Government of Mozambique, its development partners and investors. Scope and fees are agreed in writing before any work begins.
Swipe for the three mandates
Mandate 013 hours
A private session for the people who decide.
You leave withThe gap, named and sized
Mandate 023 days
Your team and ours, working the blueprint together.
You leave withThe structure, drawn
Mandate 03End to end
Led personally by the President and CEO.
You leave withA structure ready for market
Where Mozambicans and Co-designers design the nation they want to live in.
Swipe for three ways in
Writings
Up to 1,500 words on your vision of Perfect Mozambique, published with your name.
Submit your writingVoices of Perfect Nations Launching soon
Great local leaders: honest, dedicated and committed to basic standards of living for all. Every guest answers one question: “What does Mozambique already own, and how could it pay for a decent life for every citizen?”
Co-designers
Everyone who shares a vision, a voice or an enterprise here becomes a Co-designer of Perfect Mozambique.
Become a Co-designerThe Mozambique ReDesign Studio is open
Share your vision, suggest a guest, or write to us: every message receives a personal reply.
