Tanzania: Africa's Youngest Billionaire Returns Home After Kidnapping - Company

Tanzanian billionaire Mohammed Dewji

Mohammed Dewji, 43, was kidnapped from the luxury Colosseum hotel in Dar es Salaam, Tanzania, on October 11.

With Dewji at his side, Dar es Salaam police chief Lazaro Mombassa told reporters: "I am here with Mohammed Dewji and he is safe and in good health as you can see".

"I thank Allah that I have returned home safely", said a statement released by Mohammed Dewji's foundation. "I thank the authorities of Tanzania, including the Police Force for working for my safe return", Dewji said through a tweet by his company MeTL Group.

The businessman, known locally as Mo, thanked Tanzania's police "and everyone around the world for their prayers".

Police chief Simon Sirro told a press conference that surveillance videos at the hotel had captured images of the vehicle used by the kidnappers, a dark blue 4X4.

In a message on his Twitter, Africa's youngest billionaire confirmed the news to his followers after he was abducted by "white gunmen" nine days ago in Dar es Salaam, Tanzania's capital.

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"They fired a gun and then they opened the gate", area police boss said on the day of the arrest. "He asked them several times how much they wanted but they gave no figure‚" he said.

"We now know their network, we know which country the plans were made", he reportedly said, without expanding futher. He reportedly only sustained bruises on his hands and feet from being tied up by his abductors.

It operates in a dozen countries and has interests in agriculture, insurance, transport, logistics and the food industry. Financial magazine Forbes put his wealth at $1.5 billion, describing him as Africa's youngest billionaire.

Mr Dewji had previously served two terms in Tanzania's parliament from 2005 to 2015 and is also the main shareholder of Tanzania's Simba FC football club.

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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