$2.2B
Estimated Net Worth
As of 2025 • high confidence
Financial Breakdown
Asset Distribution
Assets vs Liabilities
Assets
Disclaimer: These financial estimates are based on publicly available information and should be considered approximate. Last updated: 12/29/2025
Biography
Introduction: Africa's Industrialist and Philanthropic Leader
Mohammed Dewji, widely known as Mo Dewji, stands as one of Africa's most prominent and transformative business leaders. As the CEO of MeTL Group (Mohammed Enterprises Tanzania Limited), he has steered a family trading business into a pan-African industrial powerhouse. Born in 1975 in Tanzania, Dewji's influence extends far beyond the boardroom, earning him recognition as a Forbes-listed billionaire, a dedicated philanthropist, and a vocal advocate for youth empowerment and economic self-reliance in Africa. His most notable achievement is quintupling MeTL Group's revenue from $30 million in 1999 to over $2.5 billion today, transforming it into a conglomerate with interests spanning manufacturing, agriculture, logistics, and finance, employing more than 35,000 people. Mohammed Dewji represents a new generation of African industrialists committed to building local capacity and driving continental prosperity.
Early Life & Education: Foundations of a Business Titan
Mohammed Dewji was born on May 8, 1975, in the bustling town of Singida, Tanzania, into a family of enterprising merchants. His early life was immersed in the world of commerce, as his father, Gulam Dewji, ran a successful trading business that would later become the seed for MeTL Group. This environment instilled in the young Dewji a profound understanding of trade, negotiation, and market dynamics from a very early age.
For his formal education, Mohammed Dewji attended the prestigious International School of Tanganyika in Dar es Salaam. His academic prowess and ambition led him to the United States, where he pursued a degree in Business Administration at Georgetown University, graduating in 1998. At Georgetown, he was an active member of the university's wrestling team, a sport that he credits with teaching him discipline, resilience, and strategic thinking—qualities that would become hallmarks of his business career. Following his undergraduate studies, Dewji briefly worked as a pricing analyst at Cargill in the United States, gaining invaluable exposure to global commodity markets and corporate operations before heeding the call to return to Tanzania and join the family business.
Career & Major Achievements: Transforming MeTL Group
Mohammed Dewji's return to Tanzania in 1999 marked the beginning of an extraordinary era of growth for MeTL Group. He joined the company as a Financial Controller and, recognizing its immense potential, quickly began implementing a radical transformation strategy. His vision was to move beyond trading and build a vertically integrated industrial conglomerate that would add value within Tanzania and Africa.
Strategic Expansion and Diversification
Under Dewji's leadership, MeTL Group embarked on an aggressive expansion and diversification drive. He championed backward integration, investing heavily in manufacturing to produce goods that were previously imported. Key sectors he developed include:
- Manufacturing: Establishing factories for edible oils, beverages, textiles, and soap.
- Agriculture: Investing in large-scale sugar, wheat, and cotton plantations.
- Logistics & Infrastructure: Building a fleet of trucks, shipping lines, and port operations.
- Financial Services: Launching the Mo brand for telecom services and expanding into insurance.
This strategy not only captured more value across the supply chain but also created thousands of jobs and reduced Tanzania's reliance on imports. By 2023, MeTL Group comprised over 160 companies, operating in 11 countries and contributing an estimated 3.5% to Tanzania's GDP.
High-Profile Recognition and Advocacy
Mohammed Dewji's success has garnered international acclaim. He was featured on the cover of Forbes Africa and consistently listed as one of the youngest billionaires on the continent. In 2023, he was appointed the first-ever United Nations Global Advocate for the Sustainable Development Goals (SDG) Investment. Perhaps the most dramatic event in his public life was his kidnapping in October 2018 in Dar es Salaam. He was released after nine days following a reported ransom payment. This incident, rather than diminishing his resolve, seemed to strengthen his commitment to Tanzania and its people, and he resumed his work with renewed vigor.
Personal Life & Legacy: The Philanthropist "Mo"
Beyond his business acumen, Mohammed Dewji is deeply revered for his philanthropic commitment. In 2014, he founded the Mo Dewji Foundation, through which he has pledged to donate at least half of his wealth to charitable causes during his lifetime. The foundation focuses on:
- Education: Funding scholarships, building schools, and renovating educational infrastructure across Tanzania.
- Health: Renovating and equipping hospitals, including a major multi-million dollar renovation of the Singida Regional Referral Hospital.
- Community Development: Supporting access to clean water, sports development, and entrepreneurship programs.
Dewji is a devout Muslim and a family man, married to Saira Dewji, with whom he has children. He maintains a highly visible and accessible public persona, engaging directly with citizens on social media, where he is affectionately known as "Mo." His legacy is shaping up to be twofold: as the architect of Tanzania's largest industrial conglomerate and as a philanthropist who is actively investing in the nation's human capital. He inspires a generation of young Africans to believe in local enterprise and the potential of the continent.
Net Worth & Business Empire
Mohammed Dewji's financial success is a direct reflection of MeTL Group's growth. With an estimated net worth fluctuating around $1.5 billion, he is frequently ranked as Tanzania's wealthiest person and among the youngest billionaires in Africa. His wealth is almost entirely tied to his ownership stake in the privately held MeTL Group, underscoring his belief in the business. The conglomerate's annual revenue exceeds $2.5 billion, a testament to its scale and integration. Dewji's business philosophy centers on "African solutions for African problems," focusing on import substitution, job creation, and value-addition industries. While specific financial details are private, the scale of MeTL's operations—from flour milling to telecom—solidifies Mohammed Dewji's status as a titan of African industry and a central figure in the narrative of modern Business & Economics in Tanzania and beyond.
Sources: Information compiled from reputable public sources including Forbes profiles, BBC interviews, Reuters reports, and the official MeTL Group and Mo Dewji Foundation websites.
Net Worth Analysis
The content states: "$2.2B" under "Real Time Net Worth" and "as of 12/29/25"
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