Wednesday 12 December
Oct 12, 2018 @ 10:48

Africa’s youngest billionaire kidnapped in Tanzania


Africa’s youngest billionaire was kidnapped Thursday by gunmen from a gymnasium in Tanzania’s economic capital Dar es Salaam, officials said.

Mohammed Dewji, 43, who heads the MeTL Group which operates in about 10 countries with interests in agriculture to insurance, transport, logistics and the food industry, was snatched as he entered the gym of a hotel in the city.

“Initial information indicates he was kidnapped by whites travelling in two vehicles,” regional governor Paul Makonda told journalists, adding that “this kind of incident is new here”.

Dar es Salaam police chief Lazaro Mambosasa also implicated foreigners in the crime, telling a press conference the assailants had “shot into the air” before bustling Dewji into their car.

“Three people have already been arrested but we can’t divulge their identity for the moment,” he said.

Dewji was born in Tanzania and studied at Georgetown University in the United States. He also served as a member of parliament from 2005 to 2015.

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.

Dewji is also the main shareholder in Tanzania’s Simba FC football club.

According to Forbes he is 17th on the list of Africa’s billionaires, and worth $1.5 billion (1.29 billion euros).

Dewji is married with three children. In 2016 he signed a pledge to donate at least half of his fortune to philanthropic causes, according to Forbes.

Please follow and like us:

Tags: , , ,

Related Stories
Tanzanian tycoon Mohammed Dewji, who was kidnapped earlier this month, said Saturday he had been
Twenty people have been arrested as police press a manhunt for Africa's youngest billionaire who
Google chief executive Sundar Pichai parried US lawmakers Tuesday over complaints of political bias and
Dozens of top fashion industry firms have pledged at the UN climate talks to reduce


Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.