Dalac Bilaash
☠ Emperor of The Horn ☠
Horumar wacan reer qaatumo hope many industries should be invested instead of hotels, restaurants and other useless things.
SSC Business Men Established Flour Industry in Buuhoodle
- Thread starter Dalac Bilaash
- Start date
Good news, another untapped market is the Fuel supply industry. The person or company that can start up a major energy supplying franchise like Hashi Energy but geared towards Somalia would make a killing, there are multiple oil terminals and truck companies but once Al-Shabab is removed there will be a significant boom in domestic trade via roads, which will justify hundreds of tank stations across the country;
This is how a Tanzanian entrepreneur created a billion dollar company from scratch and eventually purchased Hashi Energy. If the latter could have pivoted into Somalia, they would have been the ones buying up the Tanzanian company;
On a crisp late May afternoon in Dar es Salaam, Ally Awadh, one of Tanzania’s most prominent businessmen, is waxing lyrical about a deal he has just concluded. Recently, the Competition Authority of Kenya gave his company, Lake Oil Group, the go-ahead to acquire all the fuel service stations of Hashi Energy, one of Kenya’s largest independent oil companies. “It’s a first step for us in our pursuit of regional domination,” says the 36-year-old mogul in lightly accented but supple english. “Once you conquer Kenya as a foreign company, then you shouldn’t really have much of a problem prospering in other East African countries.”
Dressed in a black T-shirt, jeans and handmade black loafers, Awadh’s look may be unpretentious. His ambitions are anything but. In less than a decade the young founder and CEO of Lake Oil Group has built his company into a $1 billion (revenues) integrated energy solutions provider, and he’s not resting just yet. - FORBES
This is how a Tanzanian entrepreneur created a billion dollar company from scratch and eventually purchased Hashi Energy. If the latter could have pivoted into Somalia, they would have been the ones buying up the Tanzanian company;
Meet The 36 Year-Old Entrepreneur Who Built A $1 Billion Oil Company In Tanzania
On a crisp late May afternoon in Dar es Salaam, Ally Awadh, one of Tanzania’s most prominent businessmen, is waxing lyrical about a deal he has just concluded. Recently, the Competition Authority of Kenya gave his company, Lake Oil Group, the go-ahead to acquire all the fuel service stations of Hashi Energy, one of Kenya’s largest independent oil companies. “It’s a first step for us in our pursuit of regional domination,” says the 36-year-old mogul in lightly accented but supple english. “Once you conquer Kenya as a foreign company, then you shouldn’t really have much of a problem prospering in other East African countries.”
Dressed in a black T-shirt, jeans and handmade black loafers, Awadh’s look may be unpretentious. His ambitions are anything but. In less than a decade the young founder and CEO of Lake Oil Group has built his company into a $1 billion (revenues) integrated energy solutions provider, and he’s not resting just yet. - FORBES
beerdilacshe
gucmaar
Som gas also started shipping to garacad port for the gas cooking which reer puntland needed it very badly , cooking gas used to come from berbera.
Hashi? That's a Somali name. Was the owner of Kenya's largest oil company a somali? Damn!
Step a side
VIP
MashaAllah guul reer SSC. Love to see these kinds of developments!!
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