Meet Tanzania’s Richest Man

Posted by: lukwago J in Life style January 26, 2016

Being rich is determined either by the assets or the liquid cash you have in the bank, and when it comes to Africa, it becomes worse because its reportedly said to be the poorest continent in the world, but in other words, it’s the richest continent gifted by nature and in terms of mineral resources, yes its very true.

Check also: Meet Africas richest man and what he does to get billions

That doesnot mean that every one is poor in Africa, here comes a 40 year old Tanzanian business man, entrepreneur, philanthropist and a former member of parliament by the names of Mohammed Gulam Dawji commonly known as “MO“.

Follow @newslexpoint

Dawji is currently the richest man in Tanzania!

He’s also the 31st richest man on the African continent with an estimated networth of $1.1 billion according to forbes.

He was born on 8th –May 1975 in Ipembe, Singida Tanzania, he attended Arusha primary school and later taken to Tanganyika international school where he compeleted his secondary school education and finally attended Georgetown University with the Bachelors degree in International Business and finance.

After his University graduation, he went back home to manage his father’s commodity trading business known as Mohammed Enterprise Tanzania Limited ( MET Ltd ).

Dawiji used all the business skills he had learnt in school and made his family business very successful, thus making abnormal profits, he begun acquiring different businesses that were privatized by the government and finally expanded his business as MeTL Group of Companies which deals in agriculture, oil, manufacturing, real estate and textiles, it also operates in East, Central and Southern Africa.

Well done @DewjiFoundation: Mo Dewji Foundation yesterday donated $50,000 to Tumaini la Maisha to assist children with cancer in Tanzania.

— Mohammed Dewji MO (@moodewji) December 17, 2015

He is a muslim by religion and has three children, he is reportedly a good man who likes to help poor children in Tanzania by offering scholarships, Mo is loved by the majority of Tanzanians because of the help he gives to the poor, he served as a member of parliament for Singida area in Tanzania for two terms until he retired from politics last year, but people kept pleading to him so that he can continue to represent them.

Hongereni @DewjiFoundation kwa kutoa msaada wa Mil.110/- kwa Taasisi inayowasaidia watoto wenye kansa | https://t.co/FFRb1AABcm

— Mohammed Dewji MO (@moodewji) December 17, 2015

Mo supports young entrepreneurs through his foundation known as Mo Dawji Foundation, especially those who are running highly potential start ups but lack further support in form of growth capital, networks and mentorship which could accelerate the growth of their start-ups.

Check also;

This is not a Paywall, but Newslex Point's journalism consumes a lot of time, hard-work and money. That's why we're kindly requesting you to support us in anyway they can, for as little as $1 or more, you can support us .

Please use the button below to contribute to Newslex Point, Inc. using a credit card or via PayPal.