Tanzanian businesses explore Russian trade and investment
Mkuyu Africa and other private sector players met Russian investors in Moscow to discuss cooperation in energy, agriculture, and mining.
Tanzanian private sector representatives, including Mkuyu Africa, met with Russian investors in Moscow yesterday to explore trade and investment opportunities. The discussions, held on the sidelines of the Russia-Africa Summit, aimed to strengthen commercial ties and focused on potential cooperation in energy, agriculture, mining, construction, and infrastructure.
The Tanzanian delegation, which included members of the Tanzania Private Sector Federation (TPSF), showcased the country’s investment potential. Mkuyu Africa Director Juneid Othman stated the forum provided an opportunity to establish business relationships and exchange experiences with potential partners for business expansion.
Kenyan participant Peter Omong noted the importance of such platforms for entrepreneurs seeking to expand operations and find new opportunities. He connected with a trader dealing in heavy fuel oil and fertilisers, viewing the engagement as a step towards broadening his business network.
Why it mattersTanzanian businesses are seeking new trade and investment opportunities with Russian investors.