Net worth $1.5B ( Net Worth as of 20/6/2023)
- Mohammed Dewji is the CEO of METL, a Tanzanian conglomerate founded by his father in the 1970s.
- METL is active in textile manufacturing, flour milling, beverages and edible oils in eastern, southern and central Africa.
- METL operates in at least six African countries and has ambitions to expand to several more.
- Dewji, Tanzania’s only billionaire, signed the Giving Pledge in 2016, promising to donate at least half his fortune to philanthropic causes.
- Dewji was reportedly kidnapped at gunpoint in Dar es Salaam, Tanzania in October 2018 and released after nine days.
- Dewji retired from Tanzania’s parliament in early 2015 after completing two terms.
- Dewji, who is known as Mo (short for Mohammed), launched Mo Cola several years ago to compete with Coca Cola.
