Sunday, 21 October, 2018

Africa's youngest billionaire kidnapped outside luxury hotel

Mohammed Dewji Mohammed Dewji Multimedia · User Galleries · News
Patty Aguilar | 12 October, 2018, 06:41

Dewji was seized by unidentified assailants on Thursday morning as he walked into a gym in the commercial capital, Dar es Salaam, the East African newspaper reported, citing Police Commander Lazaro Mambosasa.

His conglomerate, the METL Group, operates in over 35 industries as diverse as trading, agriculture, manufacturing, energy and petroleum, financial services, mobile telephony, infrastructure and real estate, transport, logistics and distribution.

According Dar es Salaam police boss Lazurus Mambosasa, Mr. Dewji was abducted by two people who were foreigners at Oyster Bay in Dar es Salaam, while on his way to Colosseum Gym.

They drove into the hotel and opened fire before bundling Dewji into a vehicle and speeding off, said Dar es Salaam regional police commissioner Lazaro Mambosaso.

Dewji was born in Tanzania and studied at Georgetown University in the United States.

Two of the kidnappers were white men, he added. He also served as a member of parliament from 2005 to 2015.

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In 2013, he became the first Tanzanian to grace the cover of Forbes magazine and was named Forbes Africa Person of the Year in 2015.

Mr Dewji is also the main shareholder in Simba football club, based in Dar es Salaam.

Mohammed Dewji, 43, is Africa's youngest billionaire, according to Forbes.

Dar es Salaam regional commissioner Paul Makonda cautioned the public against speculation.

A former lawmaker, Dewji is the owner and president of the multi-billion dollar revenue Mohammed Enterprises Tanzania Ltd (METL Group). In 2016, he signed a pledge to donate at least half his fortune to philanthropic causes.

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