In Tanzania as emerging market there are huge market for solar power business.

To be completely transparent, the reliable and affordable power supply is the biggest problem in Tanzania. With this mobile phone revolution in Tanzania.

Many people have a mobile phone but, they should walk long distance to charge their mobile phone. As I write this article at night, I am using power from the solar panel to run my laptop.

With the biggest power supply problem in Tanzania, Some small shops specifically in rural areas close so early because they don’t have electricity.

What if you start your solar business in Tanzania and help this people operate till night while you make big cash in return.

From business perspective, the business that depends on people’s need will grow by leap and bound. That’s why starting your own solar business is the wise decision.

Solar power is business for everybody, even if you don’t have a cent in your pocket right now, read this article all the way to the end and you will realize how easily solar power can be done in Tanzania.

Tanzania power supply is the substantial challenge
The market for this business seems to be endless in Tanzania because of serious electricity problem in our country.

Imagine this, Tanzanian population is approximately 50 millions. But only 42 percent of households have access to electricity with a wide gap, 40 percent in urban and only 2 percent of rural household have access to electricity.

According to the recently published report of Africa progress Panel that Kofi Annan a former Secretary-General of United nation is the chair of such panel reveals that, It would take average Tanzanian 8 years as much as electricity average American consumes in one month.

Even our government is selling this idea to people. Government wants all the health center dispensaries that are not connected to the grid country wide to be provided with solar power.

Also to make this more attractive option and affordable to citizens, the government has removed value added tax (VAT) and remove import tax to all solar components, so is the best time to start the business because when government now comes in, they will look for YOU

Why Solar Power Is The profitable business in Tanzania
In reality solar will remain to be lucrative business in Tanzania even in bad economy because of the following reasons

1.The Rising demand for electricity
The rising demand for electricity in Tanzania is growing at alarming rates, because of the increase in population, industrialization, and booming extractives activities of mineral and natural gas.

Tanzania’s total installation capacity is 1583 Megawatts, and the electrification rate is 15.5 percent a year, Tanzania aims to boost power generation capacity to 10,000 megawatts by 2025.

In reality, The transmission line  will never cover many areas in our country. So the cheap, efficient solar electrification plan should be introduced to lift Tanzanian from the darkness in the short period of time. That’s where you come in with your solar business and grabs this opportunity in Tanzania.
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2.Solar power is the cost-effective plan and can reach many Tanzanian population in short amount of time

Technically speaking, Many rural household population spend more money in purchasing fuel like Charcoal, kerosene, diesel, as the many Tanzanian own mobile phones and they use it in regular basis for business purpose, to chat with friends, family, ,
But you they can save a lot of money because once the solar power unit is set up you can enjoy free electricity for a very long time.

3.The desire to clean energy that are environment friendly
In reality, most people still depend on the expensive and hazardous fuel such as diesel, Tanzania rural population relies on kerosene, firewood a charcoal which pollutes household air.

So unlikely fuels like Kerosene, firewood, solar electricity prove to be better options.It causes no pollution and doesn’t harm environment.

 Three Ways To Start Solar Power Business In Tanzania And Make Money
Anybody can start a solar business. Since there are multiple ways you can enter the solar market in Tanzania.
1.Become Solar Power Companies Associate In Tanzania
If you are keen to make Tanzanian go to solar but you have nothing to invest in this business, associate with solar companies is the way to go.

So you will introduce the solar products of the company you present to the  customers and get a commission for each purchase being made.

The good news is you don’t have to be a veteran technician to go into this business, even if you’ve  little knowledge about solar power, the company you present its products will give you all information to sell solar power solutions to people.

So approach solar power companies in Tanzania and get paid based on your agreement. To make more money, pick reputable companies that have quality solar products that customer will be confident to buy.
2.Become distributor
There a lot of manufacturer of solar products such as panel, solar batteries, charge controller and solar inverters, To go to this avenue it requires large start up capital, because you will need to import solar related items from major manufacturers abroad to Tanzania.
China is the among of greatest manufacture of solar products, you can buy direct from manufacture and resell products in Tanzania

3 Sell solar products
You buy solar related products from distributor and you resell them to final users. In this type of business model you don’t keep a stock because you buy small quantity of solar items. It doesn’t require large start up capital to get started. You can start with the amount you’re comfortable with, and grow your business day by day.
4 Become a solar a contractor
Your job will be installing solar power systems for homes, firms or business or even government agencies.
Also solar contractor earns money by doing maintenance on the solar system. Solar items last longer but repair and maintenance are vital after sometimes

Tips To Succeed In This Business In Tanzania.

Figure who will exactly Buy from You
Target the right customer is vital in the success of any business. In the solar power business in Tanzania, you can have 3 groups of customer. Here I will explain each one and you will find your fit

• Tanzanian rural populations who have no access to electricity
• Tanzanians who already connected to the grid but they’re unhappy with frequently cut off electricity that ruin their business and want to cut the cost of high electricity bills. Many cement industries in Tanzania want to reduce operation cost. So they will opt for cheap solar power supply.
• Government agencies and NGO

These 3 groups of customer are happy to buy from because solar power saves them a lot of money and makes their life easier and fun.

Solar business will survive even in the recession or bad economy when every business goes into bankruptcy. Because nobody wants to stay in darkness, Nobody wants to walk longer distance to charge their mobile phones.

Can you do a favor? If you have any questions/suggestion shoot me an email at Hussein.boffu@tanzaniapetroleum.com. or  +255655376543

And I will be glad to answer you

Times are hard now. Not only in Tanzania but all over the world, oil prices drop are burning oil and gas companies. The shortest route for oil and gas operators to deal with a decline in oil price is cutting operational cost by doing the following.

• Shut down the projects
• Cutting staff
• Selling assets

But guess what? there are more options that can help these oil and gas companies save millions when purchasing, valves, drilling chemicals, safety materials, pipes, fittings or any other supplies

1.Involve your employees
With your ideal procurement department, you can easily bypass the users in the field, so let’s consider you look for Pipes, instead of relying solely on your procurement department, involve and get the input from the users or engineers on the field as well, because their input on quality and prices can help you to get the right and at the good rates. Because some of your employees might have experience in pipe sector so can be resourceful in the sourcing process.
2.Give top consideration on durability of the materials
As cutting cost is your ultimate goal, so you can be tempted with Gloves or safety boats that come with great discounts. While these save short term financial challenges but result to long-term financial pain, because after a short period of time you have to order another item. And you can resolve these problems by working with reputable oilfield equipment suppliers in Tanzania.

3.Work with Local dealers
This is not only will help your meet the local content goals but save you a lot of money than sourcing oilfield equipment from international dealers that can charge you higher because of the increasing shipping costs. There a lot a manufacture of pipes, valves, and other oil and gas field supplies in Tanzania that meet international standard. So no needs to look far when you can satisfy all of your supplies needs in Tanzania while you save a huge cash.

Any questions or suggestion? If you’ve any questions or suggestions do not hesitate to write me at Hussein.boffu@tanzaniapetroleum.com and I will be glad to answer you.

Oil and gas event is the profitable business in Tanzania. Despite the solid return this business generates, only one local entrepreneur have been participating in organizing oil and gas event in Tanzania.

The lowest price of the last oil and gas event I attended in Tanzania was Usd 300 per ticket.

If you’re running oil and gas events in Tanzania You’re confident to make millions of shillings when you’re going to charge your event at 200Usd, 300usd 400 Usd 500 usd 600usd per ticket

Even international oil companies sponsors may be willing to support your event if they can get good publicity and generate goodwill.

Why Hosting Oil and Gas Event Is The Fantastic Business In Tanzania
To be completely transparent, our industry is operating in challenging business environment, the local content development, capacity building to local suppliers, small business owner and participation of our inexperienced youth to work in the oil and gas industry is substantial challenges that require serious discussion with stakeholders in the industry.Not to mention f fall and rise of crude oil price in the global market can lead new opportunity and challenge as well. This makes the high demand of oil and gas event business because people need to be aware of the current trend in Tanzania’s oil and gas and share their views.

But no doubt, the oil, and gas sector is infancy stage in Tanzania, In this regards, many Tanzanians are keen to keep updated about all the on-going in the oil and gas industry. In reality, it can be a little bit frustrating to gather oil and gas information by oneself. Because It’s time taking some time is difficult to get some important oil and gas information on your own.

Also, they value connections they get by attending oil and gas events. Because many of these industry events are open to all industry professionals and stakeholders
They attend to uncover opportunities emerging in the Tanzania’s oil and gas sectors, some people attend to make new contact for making career change

But also, Tanzanians, international individuals, and companies believe oil and gas events are ideal to meet new clients, vendors, and partners.

So you can organize your oil and gas event in Tanzania and make handsome money as well.
Oil and gas event is the big dollar business and can make one billionaire if you plan well your event and you know how to play your game very smart.

So hosting oil and gas events is your chance to make real money from the oil and gas sector in Tanzania even in bad economy. But it needs a lot more preparation.So you can sell more tickets if you do it in right way. But it is not one man thing as it needs to be carefully planned.

Would you love to run your own oil and gas event for people in Tanzania? Here are the tips.
TIPS TO ORGANIZE PROFITABLE OIL AND GAS EVENTS IN TANZANIA

1.Find the right venue
The location plays important role when choosing the venue. It must be easily reachable, It should have sufficient car parking and easy access by public transport.In other words, location should be attractive and prestigious to attendees.

2.Timing
Schedule your oil and gas event when most people will be able to attend.The best time to host your oil and gas event is at the early months of the year or towards the end of the year because at this time people are free to spend their money.

3.Pick great industry speakers
Look for the popularity of the speakers, are they have physical experience in the oil and gas industry? The professional speakers will increase the reputation of your events and get more participants.

4.Budget
Plan the budget for hosting your event including entry fee, drinks food, advert company sponsorship etc

Final Words
Even in the bad economy where many businesses fail, an employee gets fired. But still Tanzanian individual and company needs to network, grab new opportunities in this industry, get clients, partners or even make career change into oil and gas industry

You can lose money and ruin your reputation in running unsuccessful event but well-organized oil and gas event raise you billions of shillings beyond your expectation

Hussein Boffu,

Graduate Petroleum Geoscience
Mobile: +255655376543 Email: Hussein.Boffu@tanzaniapetroleum.com

Entrepreneur David Lenigas tells Proactive: ”The really big impact one is this thing they’re [Solo Oil PLC ] doing at the moment down at Ntorya” in Tanzania

”They’re talking 4-5 trillion cubic feet of gas in place – that changes a country”.

Lenigas also discusses LGO Energy [LGO Energy PLC ] telling Andrew Scott: ”Trinidad – 80% of its economy relies on the hydrocarbon business, so Trinidad needs companies like LGO Energy to get in there and get producing”.

Enjoy the show,