Hussein Boffu runs a consultancy helps you turn your strategic vision into real-world action. Reach out to him via email at hussein.boffu@tanzaniapetroleum.com or by calling, texting, or WhatsApp at +255(0)655376543.
Business plans are like road maps: it’s possible to travel without one, but that will only increase the odds of getting lost along the way. Owners with a business plan see growth 30% faster than those without one, and 71% of fast-growing companies have business plans. Before we dive in, let’s define and go over […]
HARARE, ZIMBABWE -Energy companies have struck a significant natural gas deposit in northern Zimbabwe, near the country’s border with Mozambique and Zambia. The Zimbabwean government anticipates that the discovery, if effectively harnessed, could alleviate the nation’s dependence on costly imported energy. Zhemu Soda, Zimbabwe’s Minister of Mines and Mining Development, heralded the breakthrough in the […]
Maurel & Prom provided a market update on Thursday regarding its recommended cash acquisition of Wentworth Resources, solidifying its long-term collaboration with the Tanzania Petroleum Development Corporation (TPDC). The agreement, structured as a call option for TPDC, allows TPDC to increase its ownership by up to 20% in the production interest—a pivotal development in the […]
In recent times, the East African region has become a key export destination for lubricants and petroleum products, thanks to increased industrial activities and a growing middle class. The surge demand has led to the need for healthy competition and quality assurance. Establishing Standards and Policies To ensure fair competition in the importation of base […]
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 International Energy Agency (IEA) has some eye-opening news about African natural gas – it’s about to experience a significant growth spurt. The IEA’s recent report predicts an annual acceleration of 10% in gas production from 2022 to 2026, a stark contrast to the 2.5% average growth seen between 2011 and 2021. This surge is […]
Uganda, a vibrant country in East Africa, has a growing market for lubricants – those essential oils that keep our vehicles and machines running smoothly. Let’s dive into the world of Uganda’s lubricants industry, understanding its size, key players, and the challenges it faces. Market Size and Sectors Every month, Uganda’s lubricants market handles a […]
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 […]
Once upon a time in Iringa, a savvy investor decided to grow their petrol business by opening a new station. Excited about the expansion, they aimed to save money, especially when it came to buying fuel pumps. The investor’s journey took an unexpected turn when they opted for a company offering pumps at a super […]
You’ve had these ideas for years with not much progress. But it’s something that keeps you up at night. For you, running a petrol station and maybe having many across the country isn’t just about vehicles making more money; it’s your lifelong dream. You’ve seen the cities grow. More vehicles and generators are used, increasing […]
Tanzania Petroleum empowers you to proceed with your venture.
Dar es Salaam, Tanzania
+255655376543
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