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Offbeat Africa's youngest billionaire kidnapped by gunmen from luxury hotel

16:05  11 october  2018
16:05  11 october  2018 Source:   cnn.com

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Africa ' s youngest billionaire was kidnapped on Thursday morning by gunmen in Tanzania's economic capital Dar es Salaam, officials said. Mohammed Dewji, 40, who heads the MeTL Group which operates in about 10 countries with interests in agriculture to insurance, transport, logistics and

The man said to be Africa ' s youngest billionaire has been kidnapped by masked gunmen in Tanzania's main city Dar es Salaam, police say. Mohammed Dewji, 43, was abducted outside a swanky hotel gym where he was going for his routine morning workout. Three people have been arrested in

A file picture taken on April 23, 2015, shows Tanzanian businessman Mohammed Dewji at his office in Dar es Salaam. - Africa's youngest billionaire was kidnapped on October 11, 2018, by gunmen in Tanzania's economic capital Dar es Salaam, officials said. Dewji, 40, who heads the MeTL Group which operates in about 10 countries with interests in agriculture to insurance, transport, logistics and the food industry, was snatched as he entered the gym of a hotel in the city. (Photo by Khalfan SAID HASSAN / AFP) (Photo credit should read KHALFAN SAID HASSAN/AFP/Getty Images)© KHALFAN SAID HASSAN/AFP/AFP/Getty Images A file picture taken on April 23, 2015, shows Tanzanian businessman Mohammed Dewji at his office in Dar es Salaam. - Africa's youngest billionaire was kidnapped on October 11, 2018, by gunmen in Tanzania's economic capital Dar es Salaam, officials said. Dewji, 40, who heads the MeTL Group which operates in about 10 countries with interests in agriculture to insurance, transport, logistics and the food industry, was snatched as he entered the gym of a hotel in the city. (Photo by Khalfan SAID HASSAN / AFP) (Photo credit should read KHALFAN SAID HASSAN/AFP/Getty Images)

Gunmen have kidnapped an African billionaire from a luxury hotel in Dar res Salaam, the capital of Tanzania, police told CNN.

Africa's Youngest Billionaire Was Abducted in Tanzania

  Africa's Youngest Billionaire Was Abducted in Tanzania Africa’s youngest billionaire was abducted by masked gunmen outside a hotel in Tanzania’s main city of Dar Es Salaam on Thursday, BBC reports.Authorities have arrested three gunmen, including two foreign nationals, in connection with the kidnapping of Mohammed Dewji.

The man said to be Africa ' s youngest billionaire has been kidnapped by masked gunmen in Tanzania's main city Dar es Salaam, police say. Mohammed Dewji, 43, was abducted outside a swanky hotel gym where he was going for his routine morning workout. Three people have been arrested in

He is the richest billionaire in Nigeria with an estimated worth of billion. His business interests include telecommunications, shipping, aviation, engineering, construction and real estate investments. Currently, Sanomi serves as the Executive Director of Cosmos oil AG.

Mohammed Dewji, 43, was taken by the men who waylaid him as he left the hotel gym after his early morning workout at around 6.30 am local time, police said.

The abductors, who are believed to be foreign nationals, accessed the gym through gates that are believed to have been left open deliberately, Dar es Salaam regional police commissioner Lazaro Mambosaso told CNN.

They drove into the hotel and opened fire before bundling Dewji into a car and speeding off, said Dar es Salaam regional police commissioner Lazaro Mambosaso.

"They came in a car to the hotel and started shooting in the air before they took him away. We are questioning the staff who were on duty at the time," the commissioner said.

Family of missing Tanzanian billionaire offer reward

  Family of missing Tanzanian billionaire offer reward The family of Tanzania's only billionaire Mohammed Dewji, who was kidnapped last week in Dar es Salaam, on Monday announced a reward of nearly half a million dollars for information on his whereabouts. require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.getMedianetNativeAds(true); }); Gunmen snatched Dewji, 43, listed by Forbes as Africa's youngest billionaire, as he entered a hotel gym in Tanzania's economic capital last Thursday morning.

Africa ' s Youngest Billionaire - Ahlulbayt TV meets Mohammed Dewji, a member of the Shia community in Tanzania, former MP and CEO of the METL Group, to learn

Luxury Lifestyle, Luxury Life, luxury life of billionaires , world billionaires , luxury , luxury cars, luxury living, luxury car, luxury furniture, luxury travel Mark Zuckerberg - The Lifestyles Of Young Billionaire Entrepreneurs 2017 - Продолжительность: 45:18 TradingCoachUK 1 177 032 просмотра.

The motive for the kidnapping is still unknown, although police expect this to be a "ransom" kidnapping.

Reports about Dewji being found are false -- police have been deployed to discover his whereabouts, according to Mambosaso.

Dewji is Africa's youngest billionaire and runs the METL group, a family business founded by his father in the 1970s, that operates across six African countries.

The pan-African conglomerate has massive holdings in textile and food and beverage manufacturing businesses across Africa.

Dewji popularly called Mo, launched a beverage brand called Mo Cola to compete with Coca Cola in 2014.

According to Forbes Magazine has a net worth of $1.5 billion making him Africa's youngest billionaire.

In 2016, Dewji signed The Giving Pledge in 2016 and promised to donate at least half his fortune to philanthropic causes.

He served two terms in the Tanzania parliament before he resigned in 2015 to dedicate more time to the family business.

Bukola Adebayo wrote and reported from Lagos and Eleni Giokos reported from Johannesburg.

Africa’s youngest billionaire has been found after kidnapping ordeal.
Tanzanian billionaire Mohammed Dewji who was kidnapped earlier this month was freed on Saturday (Oct. 20) after more than a week missing. Dewji took to…

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