{"id":35980,"date":"2026-06-07T10:01:00","date_gmt":"2026-06-07T06:01:00","guid":{"rendered":"https:\/\/gbc1.net\/?p=35980"},"modified":"2026-06-07T22:48:48","modified_gmt":"2026-06-07T18:48:48","slug":"tanzania-promotes-bagamoyo-port-project-at-spief-2026","status":"publish","type":"post","link":"https:\/\/gbc1.net\/index.php\/2026\/06\/07\/tanzania-promotes-bagamoyo-port-project-at-spief-2026\/","title":{"rendered":"Tanzania Promotes Bagamoyo Port Project at SPIEF 2026"},"content":{"rendered":"\n

From 3 to 6 June 2026, Tanzania’s President Samia Hassan conducted a historic visit to Russia. The state visit to Moscow is quite remarkable as it occurred 57 years after the last visit by the Founding President Julius Nyerere during the decolonization movement and Cold War era. Observers noted that this visit is taking place after frayed relations between Tanzania and the Western World, following the crackdown by the government on protestors after the elections in October 2025.<\/p>\n\n\n\n

Coincidentally, 2026 also marks the 65 years of diplomatic relationship between Tanzania and Russia. Other than a tete-a-tete with Putin, Hassan was one of the main guests at the Saint Petersburg International Economic Forum 2026 (#SPIEF2026<\/a>). Actually, she participated in a high-level panel with Russian President Vladimir Putin, Uzbekistanese President Shavkat Mirziyoye, and Chinese Vice-President HAN Zheng. <\/p>\n\n\n\n

As a matter of fact, she was the only African head of state in attendance, while other African countries were represented at the ministerial or ambassadorial level. Other African high officials took part in the Russia-Africa Business Dialogue.<\/p>\n\n\n

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Presidential Panel at St Petersburg International Economic Forum 2026<\/figcaption><\/figure><\/div>\n\n\n

President Hassan placed the #Bagamoyo<\/a> Port Special Economic Zone (SEZ) at the top of her shopping list. She positioned Bagamoyo Eco Maritime City (#BEMC<\/a>) as the gateway for East and Central Africa and invited Russian investors to contribute to her country’s #Vision2050TZ<\/a>.<\/p>\n\n\n\n

She also pitched the rich reserves of #CriticalMinerals<\/a>, such as nickel, graphite, uranium, niobium and gold, that Tanzania possesses. In particular, she highlighted the success stories of the Tembo Nickel and Mahenge Graphite projects, which are bringing up to USD 1.3 billion of foreign direct investment (FDI) into Tanzania.<\/p>\n\n\n\n

However, she expressed concern to the Russian authorities about the delays for the Mkuju River Uranium Project. Rosatom pledged to invest up to USD 1.2 billion to extract uranium and build a nuclear plant in Tanzania. With this project, Tanzania was aiming to achieve energy security by 2029, but that looks like a far-off target at the moment.<\/p>\n\n\n\n

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