Entries by Tanzania Petroleum

What Is Your Next Business? Navigate Your Next Business In Kenya’s Lubricant Market

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 […]

How Long Does it Take to Build a Petrol Station in Tanzania?

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 […]

Six LPG Business Opportunities: Profiting From Helping People Cook Without Smoke In Tanzania and Africa

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. […]

Lubricants(Engine Oil): A Closer Look At a Competitive, Growing Market in Tanzania and Africa

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 […]

Petrol Stations In Tanzania: Larger Investment Reaps Larger Profit

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 […]

The Limitation of Opinion, Rumor, Guesswork, And the Value of Factual Information(Facts) In Our Business Decisions.

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 […]

Interest to Invest In Tanzanian Petrol Station Sector Remains Strong, Although Evolving Risks Could Dampen the Flow Of Investment

.Tanzania has registered steady yearly petroleum product growth driven mainly by petrol, diesel, and LPG. Based on this growth, many investors, especially locals, have been gaining appetite to invest in retail petrol stations. This is why Mr Hussein Boffu, founder of Tanzaniapetroleum.com, a consultancy agency that provides a comprehensive source of energy sector projects, business […]

Opportunities in Energy: Uganda Current Projects, Market Analysis, and Trends.

With drilling now underway at the Lake Albert development project and the development of Total Energies-operated Tilenga project and Chinese state-owned China National Offshore Oil Corp (CNOOC)- operated Kingfisher project, Uganda is fast becoming a hot spot for energy. The Tilenga and Kingfisher developments, whose combined output is expected to reach 216,000 barrel per day […]