Hussein Boffu runs a consultancy helping elite entrepreneurs reach their goals through actionable business planning. Contact him via email at hussein.boffu@tanzanapetroleum.com or by calling, texting, or WhatsApp at +255(0)655376543.
The Tanzania Upstream Sector Activity Outlook 2023-2024 delves into the expected activity by oil companies involved in exploration, development and production in the East African country of Tanzania. The Tanzania Upstream Sector Activity Outlook 2023-2024 analyses expected activity within the next 12 months in fourteen onshore and offshore blocks operated by some eleven oil companies […]
Uganda has made its early steps towards the development phase with the engineering, procurement, construction and commissioning (EPCC) services contract for the Tilenga Project awarded to a consortium of a subsidiary of McDermott International, Ltd and Sinopec International. The Tilenga project which includes six oil fields and will feature 426 oil wells at full production […]
Kenya is in the midst of the largest cooking energy transition to date. The country has set for adoption of LPG as cooking fuel in 2030 According to Kenya’s Energy and Petroleum Regulatory Authority(EPRA), the LPG demand in Kenya multiplied from 93 600metric tonnes in 2012 to 371,000 metric tonnes in 2021. LPG demand is […]
Kenya’s economy is the largest in East Africa, with real GDP expected to grow by 5.2 on average in 2023-2024. Lubricant oils are the lifeblood of any growing economy like Kenya. It is required to fulfilling different types of functions of engine or machinery. Continued economic and industrial production growth and robust vehicle fleet expansion […]
The petrol station is a profitable business in Tanzania that requires effort and dedication. Building a petrol station requires a huge investment in time and money. Learning about the market and finding suitable land requires extensive research and time. Also, obtaining all licenses and permits from various regulatory and government agencies is time-consuming. During this […]
Tanzania and Africa are amid the largest cooking energy transition to date. For example, Tanzania’s annual LP gas consumption grew from 5,500 metric tonnes in 2005 to 217,149 in 2022. By 2028, other landlocked countries such as Rwanda, Eastern DRC, Zambia, Malawi, Burundi, and Uganda will have a good share of LPG sourcing from Tanzania. […]
Cars, lorries, motorcycles, tricycles, and machinery continue to be imported into Tanzania and East Africa. The need for regular maintenance of these imported vehicles and machinery drives the lubricant market’s expansion. The consumption of lubricants in Tanzania has continued to increase at an average rate of 12% per year, and it will most likely continue […]
Petroleum is among one of the valuable natural resources available in Tanzania. People everywhere use petroleum products as fuel in their vehicles, for industrial plants, and for domestic purposes. Thus, makes petroleum products an essential commodity that is needed for the daily operation of individual, industrial, and national activities. Tanzania does not produce oil, so […]
It is tempting to believe that we can rely on opinion, rumor, and guesswork to make business decisions. Of course, opinions, rumors, and guesswork are part of what informs our decisions. Whenever we read articles in trade journals and newspapers and hear opinions from our colleagues and friends, we add one or more perspectives to […]
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 […]
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