Africa’s youngest billionaire kidnapped in Tanzania

NAIROBI: Africa’s youngest billionaire was kidnapped on Thursday by gunmen from a gymnasium in Tanzania’s economic capital Dar es Salaam, officials said.

Mohammed Dewji, 43, 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.

"Initial information indicates he was kidnapped by whites travelling in two vehicles," regional governor Paul Makonda told journalists, adding that "this kind of incident is new here". Dar es Salaam police chief Lazaro Mambosasa also implicated foreigners in the crime, telling a press conference the assailants had "shot into the air" before bustling Dewji into their car.

"Three people have already been arrested but we can’t divulge their identity for the moment," he said. Dewji was born in Tanzania and studied at Georgetown University in the United States. He also served as a member of parliament from 2005 to 2015.

In 2013, he became the first Tanzanian to grace the cover of Forbes magazine and was named Forbes Africa Person of the Year in 2015. Dewji is also the main shareholder in Tanzania’s Simba FC football club.