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.
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 the oil and gas projects and shift the budget to renewable energy projects like solar […]
Wentworth Resources has struck a deal to acquire Scirocco Energy’s 25% interest in the Ruvuma production-sharing agreement (PSA) in Tanzania for up to $16mn. Production is expected to start in late 2024.
Twenty years ago, large populations of Tanzanians were using firewood and charcoal. We used it to cook and do everything. By the time we got used to firewood, the government had announced that gas was now _the_ clean source of cooking energy. It was a bit tough for many Tanzanians to embrace this new source […]
The rising demand for fuel in Tanzania and East Africa has placed an important requirement on the entrepreneurs and investors to increase the number of petrol stations significantly. With governments’ urging to meet the growing need, entrepreneurs are already working to build new petrol stations that could add to the fuel supply. Here are five […]
With the signing of the host government agreement(HGA) for the liquefied natural gas(LNG), there is tremendous excitement and opportunity in Tanzania, and the time is now to plant seeds of long-term investment. But the key question is how the LNG project will lead to prosperity for everyone. Here are four ways to ensures LNG lead […]
Tanzania’s huge oil and gas (energy) sector enjoys high growth rates. Here are my predictions for the energy sector in Tanzania for 2023. 1. Entry of new investors and companies into energy sector With Tanzania’s oil and gas (energy) sector undergoing a massive change in structure and worth, new investors and companies will be […]
The usual obstacle that stands in the way of many initiatives in East Africa is financing. Moreover as, many energy projects are capital intensive. One invariably has to look abroad to find a way to raise capital. While I understand that the East African crude oil pipeline(EACOP) project is going and must go ahead. […]
With the oil and gas (energy) sector in Tanzania undergoing a massive change in structure and worth, new investors and companies will be taking part in growth energy opportunities. As the country builds a reputation as the next energy hub in East Africa, Local and international investors want to put money in the region […]
As a business consultant in the petroleum (energy) industry, I have encountered a usual obstacle that stands in the way of many energy initiatives in Tanzania and East Africa. The most apparent being financing. You discover that one has a sustainable and profitable energy project but don’t have access to sufficient capital for the […]
Tanzania is creating new industry opportunities for local and international companies as they enable investment and fast-track field development. Most of the global oil and gas operating companies have been actively involved or are looking into getting involved in Tanzania’s oil and gas industry, aiming to be part of one of the fastest-growing LNG industries […]
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