The Entrepreneur Africa

Africa’s youngest billionaire kidnapped!

Mohammed Dewji, Africa’s youngest billionaire who hails from Tanzania was yesterday kidnapped in Dar es Salaam, the country’s capital. Tanzania’s state minister for environment and union affairs, January Makamba confirmed on Twitter.

Mo, as he is fondly called, was kidnapped in the early hours of Thursday by unidentified assailants as he walked into a gym in Dar es Salaam. He owns Tanzanian industrial conglomerate MeTL Group and has served as a lawmaker for the ruling Chama Cha Mapinduzi party.

Dewji, according to Forbes, is worth about $1.5 billion. MeTL, his company, rakes in revenues in excess of $1.5 billion and is one of Tanzania’s biggest, accounting for about 3.5% of the nation’s GDP.

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