Biography
Mohammed Dewji is a businessman, entrepreneur, philanthropist, and former politician. He serves as the President and CEO of MeTL, a Tanzanian conglomerate founded by his father in the 1970s. Mohammed is single-handedly responsible for increasing MeTL’s revenues from $30 million to over $1.5 billion between 1999 and 2015. Currently, the MeTL group has investments in manufacturing, agriculture, trading, finance, mobile telephony, insurance, real estate, transport and logistics, and food and beverages. The group is conducting business in 11 countries and employs over 28,000 people. MeTL’s operations contribute ~3.5% of Tanzania’s GDP. Mohammed served as Member of Parliament from 2005 – 2015 for his home town of Singida, after which he resigned from politics. In March 2015 Forbes magazine named him as the 21st richest person in Africa, with an estimated net worth of US $1.25 billion, having also been the first Tanzanian billionaire on the cover of Forbes magazine in 2013.
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9.04K
Engagement Rate Growth Trends
0.400%
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