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Ten of the richest businessmen in Tanzania — most of whom you’ve likely never heard of
Tanzania, Africa’s 10th-richest economy by gross output and the continent’s sixth most populous country, is home to successful businessmen who have amassed fortunes amounting to the millions of dollars from businesses and deals within and outside the East African country.
Despite ranking low in terms of living standards and the economic wealth of individuals, with a real GDP per capita of $976, Tanzania ranks eighth in Africa with a private wealth of $54 billion, $6-billion more than the private wealth held by individuals in Angola.
According to a wealth report by AfrAsia Bank, the country is presently home to one billionaire, 80 multimillionaires and more than 2,300 individuals who are worth more than $1 million.
Mohammed Dewji, the CEO of METL Group, is the only Tanzanian businessman who has a net worth of more than $1 billion.
According to data compiled by Billionaires.Africa, here is a li