Kidnapped Tanzanian billionaire Mohammed Dewji freed

How Africa's youngest billionaire Mohammed Dewji was treated by abductors

How Africa's youngest billionaire Mohammed Dewji was treated by abductors

Dewji's family had offered a reward of 1 billion Tanzania shillings ($440,000, €381,600) for any information leading to his release.

"I have returned home safely", Mohammed shared in a tweet from his company METL Group's account.

Tanzanian billionaire Mohammed Dewji.

Africa's youngest billionaire, snatched a week ago off the street outside a luxury hotel in Tanzania, has returned home safely, police said on Saturday (Oct 20).

Simon Sirro, the inspector general of police, said the kidnappers had demanded a ransom, but did not say what it was or whether it was paid.

Dar es Salaam Regional Police Chief Lazaro Mambosasa confirms the release and says they continue to investigate.

The company also quoted him thanking those who had worked for his release, including the police.

"He told us that they treated him very well and gave him food", he said. "He could not identify the abductors throughout the period of captivity", commander Mambosasa said, adding that Mr Dewji was unharmed apart from bruises on his hands and feet where they were tied. From there, he had made his way to his home, where police interviewed him.

How Africa's youngest billionaire Mohammed Dewji was treated by abductors

Dewji owns MeTL Group, a conglomerate operating in several African countries and contributing about 3.5% to Tanzania's gross domestic product, according to its website.

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

Mr Dewji served as an MP in Tanzania's ruling party for a decade until 2015.

In 2013, he became the first Tanzanian to be featured on the cover of Forbes magazine.

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

Forbes places Mr Dewji's net worth at around $1.5bn (£980m), which would make him Africa's youngest billionaire.

He is married with three children.

According to Forbes, Mr Dewji signed the Giving Pledge in 2016, promising to donate at least half of his fortune to philanthropic causes.

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