47 Billion Investment in Eyasi–Wembere Basin Oil Exploration
Latest Tanzania energy news · 47 Billion Investment in Eyasi–Wembere Basin Oil Explor… explained · updated Aug 4, 2026 · energy news · power · electricity
TLDR
- MORE than 47bn/- has been invested in the Eyasi–Wembere basin in the East Africa Rift Valley in Karatu District, Arusha Region, with considerable chances of striking oil deposits.