Africa's youngest billionaire kidnapped in Tanzania

Clay Curtis
October 12, 2018

Witnesses, including the guards manning the gate at the hotel, were being questioned, he said.

Mohammed Dewji, 43, was abducted outside a swanky hotel gym where he was going for his routine morning workout.

The police continue their search and have arrested three men in connection to the kidnapping, the exact motivation behind the abduction unclear, though according to CNN, it is thought to likely be a "ransom" kidnapping.

Meanwhile, reported that Nigerian business mogul, Aliko Dangote, remains Africa's richest person with $12.2 billion net worth, according to the latest 2018 global list released.

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

Financial magazine Forbes puts his wealth at $1.5bn (£980m), and has described him as Tanzania's only billionaire.

METL is active in textile manufacturing, flour milling, beverages and edible oils in eastern, southern and central Africa.

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He promised in 2016 to donate at least half his fortune to philanthropic causes, Forbes said.

He is Africa's youngest billionaire.

"I've spoken to his father and the news of the kidnap of our friend Mo is true", State Minister for Environment and Union Affairs January Makamba said on Twitter.

Dewji was elected to parliament on the CCM ticket but did not seek re-election to his seat in the 2015 election.

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

"They came in a vehicle to the hotel and started shooting in the air before they took him away".

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