Get, Set, Mo! $1.6 Billion And Counting
Forbes Africa|October - November 2021
In recent years, he has dominated Africa’s rich lists as the continent’s youngest billionaire. Mohammed Dewji, the shrewd entrepreneur and CEO of MeTL Group in Tanzania, has previously been on two FORBES AFRICA covers – in 2013 and 2015. In this new decade, he is eyeing a much bigger chunk of African business.
RENUKA METHIL
Get, Set, Mo! $1.6 Billion And Counting

NET WORTH IN 2021: $1.6 billion

NET WORTH IN 2013: $1.3 billion

EMPLOYEES IN 2021: 34,800

EMPLOYEES IN 2013: 24,000

JUST BACK IN DUBAI AFTER A WHIRLWIND trip dropping off his 18-year-old daughter at the School of Foreign Service at his alma mater, Georgetown University in Washington DC, the 46-year-old Tanzanian businessman, known in the hallowed corridors of the continent’s elite as “Africa’s youngest billionaire”, is more emotional than jet-lagged.

“I had to let go of her, you know, but I’m going to visit DC more often,” says Mohammed Dewji.

He could be speaking for himself too. In FORBES AFRICA’s July 2013 cover, he had said he puts in 100 hours a week growing MeTL into a pan-African conglomerate.

Today, he admits to slowing down “a little bit” – after his headline-grabbing kidnapping incident in 2018 that gave him a new lease on life and made him veer towards philanthropy and impact investing a lot more than before, he says.

But this has in no way decelerated his ambitions to conquer more markets and more milestones.

Diese Geschichte stammt aus der October - November 2021-Ausgabe von Forbes Africa.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der October - November 2021-Ausgabe von Forbes Africa.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS FORBES AFRICAAlle anzeigen
HIP-HOP'S HOTTEST HUSTLER
Forbes Africa

HIP-HOP'S HOTTEST HUSTLER

The Memphis rap star runs one of the biggest music labels, owns a piece of an MLS team and is looking to expand his empire like his billionaire mentor Jay-Z. But first, he's going to business school.

time-read
4 Minuten  |
April - May 2024
Kigali Triennial, The Ambitious New Event On The African Cultural Calendar
Forbes Africa

Kigali Triennial, The Ambitious New Event On The African Cultural Calendar

Rwanda has rightly earned the nickname of \"a land of a thousand hills and a thousand and one opportunities\" because of the country's impressive economic progress. However, after the recently-concluded celebration of arts which was the inaugural Kigali Triennial festival, you can now add culture to the list of things the country offers for tourists and investors.

time-read
5 Minuten  |
April - May 2024
The dark Side of AI
Forbes Africa

The dark Side of AI

There is a thin line between innovation and abuse. A look at how large language models (LLMs) are making cyber-criminals even better at mastering the art of deception.

time-read
1 min  |
April - May 2024
Gene Gamechanger
Forbes Africa

Gene Gamechanger

Disease-resistant crops? Cows that can withstand climate change? Here's how CRISPR is already transforming the continent, and why building a network of skilled scientists can help position Africa as a key global contributor in this frontier of crop development.

time-read
4 Minuten  |
April - May 2024
Women Empowerment And Transformation In Mining: A Distinctive Perspective
Forbes Africa

Women Empowerment And Transformation In Mining: A Distinctive Perspective

GMDC is a mining company that specializes in tungsten (wolfram) and operates in the city of Kigali, Nyarugenge District, Mageragere Sector.

time-read
2 Minuten  |
April - May 2024
How The Mining Sector Contributes To Community Development Initiatives
Forbes Africa

How The Mining Sector Contributes To Community Development Initiatives

It plays a significant role in Rwanda's overall development, contributing to infrastructure, job creation, health, education, and even environmental conservation. It's not just about extracting resources; mining is mandated to build up the communities and nation alongside its operations.

time-read
2 Minuten  |
April - May 2024
Reflecting On 2023 Milestones And A Look Ahead
Forbes Africa

Reflecting On 2023 Milestones And A Look Ahead

Last year solidified Rwanda's position as a prime African mining investment destination and a burgeoning hub for mineral value addition. What will 2024 hold?

time-read
2 Minuten  |
April - May 2024
Rwandan Mining Regulator Unveils Three-Year Mineral Exploration Campaign
Forbes Africa

Rwandan Mining Regulator Unveils Three-Year Mineral Exploration Campaign

A holistic approach to responsible mineral resource management in the country.

time-read
2 Minuten  |
April - May 2024
TASTING SUCCESS
Forbes Africa

TASTING SUCCESS

Paul Siguqa has had an unlikely journey in the wine business in South Africa. His mother worked in the vineyards as a laborer during the apartheid era and now, his fully black-owned wine farm sells premium products.

time-read
4 Minuten  |
April - May 2024
Creating Stronger Communities In Africa Through Digital And Financial Inclusion
Forbes Africa

Creating Stronger Communities In Africa Through Digital And Financial Inclusion

In Sub-Saharan Africa, a silent barrier to economic inclusion and social mobility persists: one in four adults lacks identification, according to a World Bank report.

time-read
2 Minuten  |
April - May 2024