Africa’s youngest billionaire Mo Dewji secures $24.6 million to expand Tanzania’s agro-industry
Billionaires Africa | 26.11.2025 12:12
Africa’s youngest billionaire and Tanzania’s wealthiest individual, Mohammed “Mo” Dewji, has bagged a $24.6 million senior corporate loan from the African Development Bank Group (AfDB) to expand agro-industrial production across Tanzania through his conglomerate, Mohammed Enterprises Tanzania Limited (MeTL) Group. The financing is intended to increase export revenue, modernize agricultural operations and create jobs.
