Tanzanian businessman Mohammed “Mo” Dewji has been named East Africa’s wealthiest individual, with his net worth rising to $2.2 billion (£1.7 billion), according to Forbes’ 2025 list of Africa’s billionaires.

The 49-year-old is the only person from the region to feature among the continent’s top 15 richest individuals and ranks 12th overall. Dewji also retains the title of Africa’s youngest billionaire.

His fortune increased from $1.8 billion last year, driven by gains in his conglomerate’s diverse portfolio, which spans textile manufacturing, flour milling, beverages, edible oils, and other sectors.

Dewji is the CEO of MeTL Group, one of Tanzania’s largest privately-owned businesses, with operations across several African countries.

Africa’s Richest Individuals – 2025
(According to Forbes)

Aliko Dangote (Nigeria) – $23.9bn

Johann Rupert (South Africa) – $14bn

Nicky Oppenheimer (South Africa) – $10.4bn

Nassef Sawiris (Egypt) – $9.6bn

Mike Adenuga (Nigeria) – $6.8bn

Abdulsamad Rabiu (Nigeria) – $5.1bn

Naguib Sawiris (Egypt) – $5bn

Mohammed Mansour (Egypt) – $3.4bn

Koos Bekker (South Africa) – $3.4bn

Issad Rebrab (Algeria) – $3bn

Patrice Motsepe (South Africa) – $3bn

Mohammed Dewji (Tanzania) – $2.2bn

Michiel Le Roux (South Africa) – $2.2bn

Othman Benjelloun (Morocco) – $1.6bn

Anas Sefrioui (Morocco) – $1.6bn