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2016

Africa’s Youngest Billionaire Offers $10 Million To Acquire Soccer Club

Dewji told journalists that he plans to transform Simba SC into Africa’s most successful soccer club by hiring high quality players and investing in key infrastructure – including $2.5 million to set up a modern Simba SC stadium and training ground in Bunju, located on the outskirt of Dar es Salaam.

Africa’s youngest billionaire offers $10M to purchase Tanzanian soccer club

“Simba fans need to see their club winning top honors and it is important that we recruit top quality players, hire outstanding coaches and if we set aside 4bn/- per season, we will certainly be an edge above our competitors – Young Africans and Azam FC,” Dewji said at a press conference in Dar es salaam on Friday

Tanzanian Billionaire Mohammed Dewji Joins Gates-Buffett Giving Pledge

“Having witnessed severe poverty throughout my upbringing, I have always felt a deep responsibility to give back to my community,” Dewji wrote is his Giving Pledge letter, which he shared with this reporter. Dewji credits his parents with instilling the “ethos of philanthropy, particularly my responsibility as a Muslim to give and care for the less fortunate in our society.”

Tanzania’s richest man matches his specs with ties [20 August 2016]

Tanzania’s richest man matches his specs with ties [20 August 2016]

What do you see as East Africa’s strength? “There are many, especially when you take into context each individual country. In a snapshot, the region has strong and growing regional integration; a growing consumer class; a young and educated workforce making it an ideal location for entrepreneurs; a well-endowed natural resource base and sound economic stability and sustained growth projections for the next few years.”

MeTL to Start Tanzanian Bank After Abandoning Barclays Plans [11 May 2016]

“I was more interested in buying Barclays Tanzania only, but now it seems like it’s not working very well,” the company’s President and Chief Executive Officer Mohammed Dewji said in an interview in the Rwandan capital, Kigali, on Tuesday. “We are going to open a bank, a new bank by the end of this year, we are finalizing the process, including licenses. We are hoping by the last quarter,” Dewji said.

Africa’s Youngest Billionaire says he is interested in Barclays Bank Kenya & Tanzania [29 March 2016]

“For four or five years I want to buy a bank. I am very interested in the Barclays Africa assets that we will scrutinize, “said the billionaire. He added: “I do not know how we will be positioned because I am sure that Barclays is seeking a buyer can acquire the entire stake of 62%. But months I would like to purchase four or five subsidiaries only “.

Meet one of Africa’s youngest billionaires [14 March 2016]
In December 2015, Forbes Africa named Mohammed Dewji, CEO of MeTL Group, the continent’s “Person of the Year”. CNN’s Eleni Giokos sat down with him to discuss what it’s like being one of Africa’s youngest billionaires.

The Forbes Billionaires List: 2016 [31 January 2016]

Africa’s richest have a combined $74.5 billion, a drop of $19.5 billion from $94 billion in 2015. The wealthiest group are South Africans with a combined net worth of $20.1 billion. From the 54 African countries, only seven are represented in the list and only two women.

2015

Tanzania’s Richest Man Mohammed Dewji Is Forbes Africa’s Man Of The Year [3 December 2015]

“This is not my award; it is neither for my wife, father, mother or any member of my family, but for Tanzanians who have been employed in my company or are working in my farms,” he said.

Mohammed Dewji named 2015 Forbes Africa person of the year [30 November 2015]

Forbes Africa magazine, named its Person of the Year for 2015. Recognition for the person who has influenced business and the continent most in the year. The winner was billionaire entrepreneur, Mohammed Dewji from Tanzania.

2014

How to create wealth in Africa? Hear from the continent’s youngest billionaire Mohammed Dewji [20 November 2014]

Tanzania’s richest man shares his thoughts on wealth creation, mixing business with politics, and tackling unemployment in Africa.

Dewji among top 10 young billionaires driving Africa [28 September 2014]

Mr. Dewji is among other ten businessmen from across the conteinent who have been identified and ranked the young African leaders of 40 years old and under, who play a major role in the development of Africa.

Tanzanian Tycoon Mohammed Dewji Raises $260 Million For Business Expansion [15 August 2014]

Star Oils owns and operates gas stations in the East African country, and is currently building a petroleum tank storage facility near the Dar es Salaam Port. When completed, the facility will have a storage capacity of 68 million liters, for the storage of gasoline (petrol), gas oil (diesel) and kerosene.

Mohammed “Mo” Dewji, Youngest Member On Africa Richest List Launches Beverage Line – “Mo COLA” [1 May 2014]
Dewji explained that the launch of the new beverage line, which will include carbonated and non-carbonated soft drinks in over twenty varieties under the premium umbrella brand called “MO” was “a natural extension of growth” and of what his company

The 10 Most Powerful Men In Africa 2014 [31 January 2014]

Dewji is the Group Chief Executive Officer of Mohammed Enterprises Tanzania Limited (MeTL) and at 39 is the youngest member of the Forbes’ Africa’s 50 Richest list.

Mohammed Dewji – Group Chief Executive Officer of Mohammed Enterprises Tanzania [24 January 2014]

CNBC Africa’s Gugu Mfuphi chats to Mohammed Dewji, Group Chief Executive Officer of Mohammed Enterprises Tanzania. In November 2013, Forbes Africa magazine named him as the 38th richest man in Africa.

2013

The $500 Million Baby: Meet ‘Mo’ Dewji, Who Vows To Be Africa’s Richest Man [3 December 2013]

“Trading makes a decent amount of money, but I’ve always felt it is too passive. We were importing soap, which to me was ridiculous. Why import soap? Why couldn’t we manufacture the soap ourselves?” Dewji says.

Dewji first Tanzanian on Forbes magazine [2 July 2013]

“In agriculture, METL is the largest landowner in Tanzania with over 60000 hectares to its name. In textiles, we are the largest textile manufacturers in sub-Saharan Africa,” he said.

Forbes Africa July 2013: Behind the scenes with Mohammed Dewji [25 June 2013]

Forbes Africa July 2013 Cover: Behind the scenes footage.