As of 2025, Mohammed Dewji, the Tanzanian business tycoon, boasts an impressive net worth of $2.2 billion, according to Forbes. Recognized as Africa’s youngest billionaire, Dewji has built his fortune through the strategic leadership of his family-owned company, MeTL Group, and his dedication to transforming industries across Africa. His success story is not just about wealth but also about vision, resilience, and a deep commitment to social impact.
Early Life and Education
Mohammed Dewji was born in 1975 in Ipembe, Tanzania, into a family that had already established a thriving trading business. He studied in the United States at Georgetown University, where he earned a degree in International Business and Finance. This international exposure helped shape his business mindset, giving him the tools to expand his family’s operations beyond traditional trading into a diversified industrial empire.
Building the MeTL Group Empire
When Dewji took over MeTL Group, he transformed it into one of Africa’s largest conglomerates. The company operates in multiple sectors, including manufacturing, agriculture, energy, distribution, and financial services. Under his leadership, MeTL has grown from a regional business into a pan-African powerhouse, employing tens of thousands of people and driving economic growth in Tanzania and beyond. Dewji’s strategy has always focused on import substitution and industrial development, ensuring Africa produces what it consumes. This vision has helped reduce dependency on imports while creating local jobs and opportunities.
Net Worth and Global Recognition
With a net worth of $2.2 billion in 2025, Mohammed Dewji is celebrated not only as Africa’s youngest billionaire but also as one of its most influential entrepreneurs. His inclusion on Forbes’ list of billionaires highlights his achievements in scaling a family-owned business into a global force. His wealth is largely tied to his controlling stake in MeTL Group, but his influence extends far beyond financial numbers. Dewji is often seen as a symbol of a new generation of African leaders, bold, forward-thinking, and deeply committed to sustainable development.
Political Involvement and Public Life
In addition to his business ventures, Dewji has also been active in Tanzanian politics. He served as a Member of Parliament from 2005 to 2015, representing his hometown of Singida. During his political career, he advocated for economic reforms, better infrastructure, and policies to support business growth and job creation. His political experience further cemented his status as a leader shaping Tanzania’s future.
Philanthropy and Social Responsibility
Beyond business, Dewji is a dedicated philanthropist. Through the Mo Dewji Foundation, he has pledged to donate at least half of his wealth to charitable causes. His foundation supports education, healthcare, clean water initiatives, and youth empowerment across Tanzania. This commitment to giving back underscores his belief that true success lies in uplifting others.
Conclusion
With a net worth of $2.2 billion in 2025, Mohammed Dewji stands as a beacon of African entrepreneurship, leadership, and philanthropy. From expanding MeTL Group into a continental leader to championing education and development initiatives, Dewji has shown that wealth and social impact can go hand in hand. As Africa continues to rise on the global stage, figures like Mohammed Dewji remind the world of the continent’s untapped potential and its growing influence in the global economy.Top of FormBottom of Form
