The youngest billionaire in Africa released after kidnapping


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(Bloomberg) – A Tanzanian billionaire industrialist kidnapped about nine days ago was released unharmed. Police announced that she was suing the perpetrators of the crime that was threatening to scare investors from the second largest economy in East Africa.

Mohammed Dewji, ranked by Forbes as the youngest billionaire in Africa with a net worth of $ 1.5 billion, was deposed by his captors in an area of ​​Dar es Salaam, said Saturday the Inspector General of Police Simon Sirro.

The Mo Dewji Foundation, a charity created by the billionaire, announced its release early Saturday. In an article on Twitter, Dewji was thanked by the Tanzanian authorities, including the police, for working for my safe return.

Aged 43, he was arrested by strangers on 11 October in the Tanzanian shopping center of Dar es Salaam. This was the last disturbing turning point for Tanzania, once described as an "island of peace" in a turbulent region. recently witnessed a wave of political violence.

Major Company

Dewji is part of the MeTL Group, a conglomerate operating in several African countries and contributing about 3.5% of Tanzania's Gross Domestic Product, according to its website. There was no demand publicly announced for ransom; Dewji's family has donated nearly $ 500,000 for information that led to his rescue.

Sirro said Saturday that an AK-47 rifle and three pistols had been found in a car used by three kidnappers, two of whom spoke English and the other Swahili. The police are looking for these men and hope they will be arrested, he said, adding that Tanzania remains safe for investors.

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