Energy Transition In Tanzania and Africa. Great Business Opportunities

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When we think about energy transition, the temptation is to end using oil and gas(fossil fuels) altogether.

But with high demand for energy, Tanzania and Africa is balancing their energy mix. Because we know no economy can run with just wind and solar. Combination of many alternatives must be developed, and soon.

This presents ample opportunities for small and large companies to play roles in the energy transition journey in Tanzania and Africa while adding new revenue sources.

Many opportunities include manufacturing, distributing, installing solar panels, constructing wind turbines, and developing wind farms.

Furthermore, fuel such as liquefied petroleum gas(LPG) can facilitate the clean energy transition at the household level. Opportunities in  liquefied petroleum gas(LPG) will continue to flourish in the coming years.

Beyond these opportunities will be a tremendous demand for compressed natural gas(CNG) stations and electric vehicle charging stations.

Hussein Boffu runs a consultancy provides business planning, financial forecasts, market research reports, expert analysis and consulting for entrepreneurs and business owners. Reach out to him via email at hussein.boffu@tanzaniapetroleum.com or by calling, texting, or WhatsApp at +255(0)655376543.