Monday, 24 June 2024

Mohammed "Mo" Gulamabbas Dewji, President and Owner, METL

Tanzania

Champion's Profile

Net Worth: $1.52 billion Mohammed "Mo" Gulamabbas Dewji is a Tanzanian billionaire businessman, philanthropist, and former politician. He is the president and owner of MeTL Group, a Tanzanian conglomerate founded by his father in the 1970s. Dewji served as Member of Parliament for Chama Cha Mapinduzi (CCM) from 2005 to 2015 for his home town of Singida. In the early 2000s, when the Tanzanian government privatized loss-making companies, he acquired them inexpensively and turned them into profit centers by trimming personnel expenses. MeTL Group of Companies is the largest privately owned conglomerate in Tanzania.

UNDP SDG

Education, healthcare and skills development

Description and impact

On a mission to enable and empower the under-privelaged who continue to struggle in Tanzania, the idea of Mo Dewji Foundation was conceived in 2000 driven by Mohammed Dewji's passion and ambitions for the society through specific emphasis on health, education and community development. The Foundation recognises education to create a pathway to a more predictive, just and equitable society, strengthening healthcare systems to assist in disease prevention and challeling regional communiy development efforts to help create self-sustaining socities in Tanzania.