Entries by Tanzania Petroleum

Navigating the Pitfalls of Overly Optimistic Sales Forecasts: A Practical Guide for Entrepreneurs

Entrepreneurs, by nature, possess an optimistic outlook, a necessary trait in the business world. However, recent research sheds light on a significant challenge – sales and financial predictions are accurate only 28% of the time. In this article, we explore the reasons behind this dilemma and provide practical insights on using this information for improved […]

The Growing Lubricant Business in Rwanda. What Investors and Entrepreneur Should Know

  Rwanda’s lubricant business is getting bigger because the government is helping important areas like industry and construction. Economic zones in cities are also growing, bringing more investments and making the lubricant market go up. What’s Happening: The future of the lubricant business looks good because the economy is growing in important ways. The government […]

How to Start a Petrol Station Business in Tanzania

Establishing a successful petrol station in Tanzania requires careful planning and adherence to local regulations. The first step is to secure a suitable location, ensuring it is easily accessible to potential customers and meets all necessary zoning requirements. Once the site is identified, entrepreneurs must obtain the appropriate business licenses and permits from the local […]

Mozambique’s Ambitious $80 Billion Energy Transition Plan: A Roadmap to 2050

CAPE TOWN, Nov 27 (Reuters) – Mozambique has approved an ambitious new energy transition plan until 2050, hoping to attract investments of some $80 billion to boost renewable energy capacity and increase electricity availability, a senior energy official said on Monday. Mozambican President Filipe Nyusi is expected to officially present the energy strategy to international […]

Entering the Growing LPG Business in South Africa. How to Start LPG Distribution Business in South Africa.

  South Africa is on the brink of a significant LPG (liquefied petroleum gas) boom, with the anticipation of a doubling demand in the next five years. The low per capita LPG consumption, relative to income, signals a massive growth potential in the market. The expectation is that new import infrastructure and pricing reforms will […]