Tanzania Urged to Turn Russian Investment Into Local Jobs
Tanzania is being urged to ensure that upcoming investment deals with Russia translate into tangible local economic benefits like job creation and technology transfer. Experts warn against repeating past patterns of exporting raw materials without developing domestic industrial capacity.
Why it matters
It highlights the challenge of developing nations in negotiating equitable trade and investment agreements with global powers.
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The Ministry of Minerals says the project could eventually create more than 4,000 direct jobs and produce around 3,000 tonnes of uranium annually.
As Tanzania prepares for deeper engagement with Russia ahead of the Third Russia–Africa Summit in Moscow on October 28–29, 2026, the country faces a familiar African problem: how to turn diplomatic promises into factories, jobs, technology and measurable economic gains.
Tanzania and Russia have already expanded discussions across agriculture, mining, manufacturing, energy, transport, pharmaceuticals, digitalisation, education and tourism. At the Tanzania–Russia Business and Investment Forum in Arusha in May, Russian and Tanzanian officials also discussed an investment-protection agreement intended to reduce risks for investors.
But a long list of sectors is not an investment strategy.
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