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Politics Mohammed Dewji, Africa’s youngest billionaire and Tanzania's only billionaire kidnapped at gunpoint

According to a taxi driver nearby, the unknown men arrived in two vehicles and parked at the hotel before Mr Dewji got there. Once Mr Dewji arrieved, the cars then flashed lights before the two white men alighted and seized him.

  • Published: , Refreshed:
play Mohammed Dewji (ippmedia.)

 

  • The 43year old who is a fitness enthusiast, was abducted by masked gunmen while he was going for his routine morning workout.
  • He is reportedly worth $1.5bn (£980m) according to Forbes who described him as Tanzania’s only billionaire.
  • Dar es Salaam regional commissioner Paul Makonda confirmed the reports but cautioned the public against speculation.

Africa’s youngest billionaire, Mohammed Dewji has been kidnapped and police are currently on a manhunt looking for him.

According to eye witnesses, the Tanzania’s only billionaire was kidnapped in Tanzania’s capital outside the exclusive Colosseum Hotel and Fitness Club, in Oyster Bay, a swanky hotel gym located an affluent neighbourhood in northwest Dar es Salaam.

The 43year old who is a fitness enthusiast, was abducted by masked gunmen while he was going for his routine morning workout.

 

He had no security guards with him and had driven to the gym in an affluent suburb on his own.

According to a taxi driver nearby, the unknown men arrived in two vehicles and parked at the hotel before Mr Dewji got there. Once Mr Dewji arrieved, the cars then flashed lights before the two white men alighted and seized him.

They then sped off while shooting in the air.

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

There were two white people involved, we are yet to establish the motives behind abduction," Mr Mambosasa said, adding that investigations are underway.

play Dar es Salaam regional commissioner Paul Makonda (The Citizen)

 

Environment Minister January Makamba, a friend of Mr Dewji, also tweeted that he had spoken to Mr Dewji’s father and the family confirmed that he had been kidnapped.

Mr Dewji, locally known as Mo, is credited with turning his family business from a wholesale and retail enterprise into a pan-African conglomerate.

He is reportedly worth $1.5bn (£980m) according to Forbes who described him as Tanzania’s only billionaire.

play Colosseum Hotel and Fitness Club. (Agoda)

 

In a 2017 report, it said Mr Dewji was Africa’s youngest billionaire. In 2016, Mr Dewji promised to donate at least half his fortune to philanthropic causes, Forbes said.

Mr Dewji is the owner and chief executive of the multibillion-dollar Mohammed Enterprises Tanzania Ltd (METL Group).

His company, METL, has interests in textile manufacturing, flour milling, beverages and edible oils in at least six African states.

play Mohammed Dewji, CEO of MeTL Group (MarcoPolis)

 

He is also the main sponsor of the Tanzanian premier league club champions, Simba.

Mr Dewji also once tried his hands in politics and he is a former member of parliament for Singida Urban for the ruling CCM party.

Three people have so far been arrested in connection with the incident according to the police.

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