Tanzanian billionaire Mohammed Dewji kidnapped

"We are questioning the staff who were on duty at the time", the commissioner said.

Mohammed Dewji, 43, was abducted outside a swanky hotel gym where he was going for his routine morning workout.

METL is worth more than $1 billion and "employs 24,000 people in industries including agriculture, manufacturing, energy and petroleum, financial services, mobile telephony, infrastructure and real estate", according to the company's website.

Mohammed Dewji, a Tanzanian business tycoon said to be Africa's youngest billionaire, photographed during an interview at his office in Dar es Salaam, Tanzania, April 23, 2015.

"Also in the report, the Dar es Salaam police chief, Lazaro Mambosasa, at a press conferences said the kidnappers had "shot into the air" before bundling Mr Dewji into a vehicle".

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According to Forbes, Dewji has amassed a fortune of $1.5 billion, making him the youngest billionaire on the African continent.

Environment Minister January Makamba, a friend of Mr Dewji, tweeted that he had spoken to Mr Dewji's father and the family confirmed that he had been kidnapped.

Dewji is Africa's youngest billionaire. You would be hard pressed to find a person in Dar es Salaam who did not know of Mohammed or the Dewji family and he would often draw large crowds at public events. "They shot in the air once and the hotel's security guards scampered for safety", the driver said.

In the video Mr Makonda said in Kiswahili: "And the good news is that Mo [Mr Dewji's nickname] has been found and the kidnappers arrested".

The motive for the kidnapping is still unknown, although police expect this to be a "ransom" kidnapping.

(Copyright © 2015. All Rights Reserved.)
 
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