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.
People are trying hard to make me believe that renewable energy transportation technology like electric cars and natural gas vehicles is gaining ground and will displace the need for petrol stations in the region. I don’t believe them. Due to economic growth and broader access to private transport, Tanzania has registered a significant fuel demand […]
Due to the economic recovery efforts and increased population, East Africa has recently registered significant demand growth for energy. But how do you invest, and where do you start? This article will help you to know just that. How do you invest.? 1.Develop business planning and forecasting. The dangers of making uni-informed business decisions outweigh […]
There is a clamor by developed countries to reduce carbon emissions and curb global warming by ending fossil fuels. This rush to move away from fossil fuels has caused certain international commercial banks to refuse to fund the development of oil and gas projects and shift the budget to renewable energy projects like solar and […]
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 […]
Strategically positioned close to the landlocked locked countries that are thirst for energy. Tanzania is emerging as a gateway for East Africa’s energy development with opportunities ranging from liquefied natural gas(LNG) and pipeline projects. Also equipment and service delivery opportunities to service companies to support the ongoing production activities in the Songo Songo and Mnazi […]
In Tanzania, we cannot do without the issue of renewable energy because we have tremendous potential that we are not fully exploiting; we have solar wind. When we were kids, we all knew that electricity comes from the Ruvu River, which is hydro, And now we know that our sun is now being tapped into […]
The fuel storage depot is a cylindrical tank used to store petroleum products such as diesel, petrol, kerosene, and liquefied petroleum gas before they send to consumers. Due to the economic recovery efforts, Tanzania has registered significant demand growth for petroleum products in the recent past. So setting up your own storage depot is critical […]
When you expand your business in the energy sector, you invest time, energy, and money. You make that investment with an expectation that you will achieve specific desired results. More revenues, bigger profits, and new customers. For example Shareholders of the company want to expand their business by starting a profitable wholesale petroleum distribution in […]
The Kalibrate’s market study reveals that 100 petrol stations in Tanzania have closed, and 150 petrol stations were under construction in 2021. The question lingered in my mind is, what’s behind those statistics? More specifically, why does the petrol stations project fail? What might you guess are the top reasons? Lack of sufficient capital? Competition? […]
The retail petrol station subsector has been very stable. Three major brands dominated the industry. Many small, independent entrepreneurs have been investing in petrol station projects in recent years. The Kalibrate’s market study revealed that over 150 petrol stations were under construction in 2021. This indicates more people are taking advantage of this growing segment […]
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