Tanzania's richest man Mohammed Dewji plans $50 million Mombasa plant to take on Coca-Cola in Kenya
Billionaires Africa | 14.05.2026 02:49
Mohammed Dewji, the Tanzanian billionaire who turned Mo Cola into a mass-market phenomenon by pricing it well below Coca-Cola, is bringing that same strategy to Kenya, announcing plans for a Sh6.5 billion ($50 million) soft drinks manufacturing plant in Mombasa that would sell 300-millilitre bottles of Mo Cola for Sh15 in a market where competing products typically retail for around Sh40.
