Entries by Hussein Boffu

Oil and Gas Activity and Opportunities Abound Across Africa Region.

The resurgence in exploration and production activities across the African continent is palpable, as the industry emerges from a prolonged period of underinvestment. The focus remains predominantly on offshore and deepwater prospects, with established basins in Angola, Congo, Nigeria, and Egypt continuing to command the spotlight. Onshore exploration, though long overlooked, has seen some promising […]

South Africa’s LPG Market Growth Potential

Infrastructure constraints and pricing issues have historically been the key barriers to growing South Africa’s LPG market. However, a series of recent developments have led to a revised long-term demand forecast for the country. The implementation of a wholesale LPG pricing reform in 2020 has facilitated increased imports, as importers can now better align local […]

How to Secure Funding for Your Petrol Station Business in Tanzania: A Practical Guide

Starting a petrol station business in Tanzania can be a rewarding venture, but one of the biggest challenges many entrepreneurs face is securing funding. With various options available and a few common pitfalls to avoid, understanding the funding landscape is essential to ensure your success. In this article, we’ll explore practical strategies for securing funding […]

How to Start a Petrol Station in Tanzania and Africa: Key Steps, Opportunities, and Challenges

Fuel is a vital resource driving both local economies and daily life across Africa, making petrol stations indispensable for transportation, agriculture, and industrial sectors. With Africa’s growing demand for fuel, starting a petrol station in Tanzania or other African countries offers an attractive business opportunity. However, this venture requires substantial investment, regulatory approvals, and a […]

LPG Consumption and Growth in Kenya

Despite the rapid growth in LPG consumption in recent years, market penetration in Kenya remains quite low. Looking ahead, we believe the primary constraint on further growth will shift from access to affordability. The impending reimposition of a 14% value-added tax on LPG in mid-2021, coupled with expected higher global LPG prices, will reduce the […]

How to Start an Industrial Gas Business in Tanzania

Industrial gases are critical inputs for various industries in Tanzania and across Africa. These specialized gases, such as oxygen, nitrogen, argon, and carbon dioxide, play a vital role in a wide range of applications, from manufacturing and healthcare to agriculture and energy production. Starting an industrial gas business in Tanzania can be a lucrative endeavor, […]

The Promising Future of Oil and Gas Service and Equipment Supply Sector in Tanzania and Sub-Saharan Africa

The oil and gas service and supply industry in Tanzania and greater Sub-Saharan Africa is poised for remarkable growth in the coming decades. According to the latest industry reports, the region’s proven oil reserves are estimated at over 125 billion barrels, with vast untapped natural gas reserves as well. Recent major discoveries off the coast […]

The Future of Petrol Stations in Sub-Saharan Africa.

As the world shifts towards renewable energy sources, the future of traditional petrol/retail fuel stations in Tanzania and across Sub-Saharan Africa remains uncertain. While these stations have long been the backbone of the region’s transportation infrastructure, technological advancements and growing environmental concerns are poised to transform the industry. Experts predict a gradual phasing out of […]

How to Start Fuel Stations Pumps Supply Business In Tanzania and Africa

Entering the fuel station pumps supply business in Tanzania and wider Africa presents an exciting opportunity for entrepreneurs. The first step is to thoroughly research the local market, understanding the specific needs and preferences of fuel station operators in the region. This includes analyzing factors such as the prevalence of different pump models, maintenance requirements, […]