Tanzania, June 7 -- Dar es Salaam. Tanzania expects to attract investments and business worth more than $2 billion (about Sh5.2 trillion) from Russia over the next three to five years following President Samia Suluhu Hassan's recent state visit and participation in the St Petersburg International Economic Forum (SPIEF).

The projection was announced on Sunday, June 7, 2026, by the Ministry of Foreign Affairs and East African Cooperation's Director of Economic Diplomacy, Ambassador John Ulanga, during a briefing on the outcomes of the visit.

He said the trip had opened new opportunities for trade and investment, with major Russian companies expressing interest in several strategic sectors.

"Based on the discussions held on trade and inve...