Gunmen seize Africa's youngest billionaire in Tanzania

Blanche Robertson
October 11, 2018

Mohammed Dewji, who has been described as Africa's youngest billionaire, was abducted on Thursday morning by gunmen in Tanzania's economic capital Dar es Salaam, police said.

But Mr Makonda was only assuring the people that his team is working round the clock to make sure that Tanzanians get the good news.

Mr Dewji, locally known as Mo, is credited with turning his family business from a wholesale and retail enterprise into a pan-African conglomerate, reports the BBC's Athuman Mtulya from Dar es Salaam.

Early witness reports suggested that two of the kidnappers were white foreigners.

Dar es Salaam special zone commander said security police around the country, including at airports and all exit points have been put on high alert in the hunt for the abductors.

"This kind of incident is new here", he added.

Mr Dewji was born in Tanzania and studied at Georgetown University in the United States.

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43-year old Dewji was elected to parliament on the CCM ticket but did not seek re-election to his seat in the 2015 election.

Dewji is also the main shareholder in Tanzania's Simba FC football club.

"Three people have already been arrested but we can't divulge their identity for the moment", he said. Another vehicle remained outside. "We are questioning the staff who were on duty at the time", the commissioner said.

They then sped off while shooting in the air.

Dar es Salaam regional commissioner Paul Makonda cautioned the public against speculation.

Meanwhile, NAIJ.com reported that Nigerian business mogul, Aliko Dangote, remains Africa's richest person with $12.2 billion net worth, according to the latest 2018 global list released.

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