Investment of $250 Million by Mo Dewji in Mozambique
Latest Tanzania business news · Investment of $250 Million by Mo Dewji in Mozambique explained · updated Aug 20, 2026 · business news · companies · investment
TLDR
- Tanzanian billionaire Mo Dewji has announced a $250 million investment in Mozambique.
- The investment is expected to create approximately 20,000 jobs in the region.
- Mo Dewji is the chief executive of Mohammed Enterprises Tanzania Limited (MeTL).
- The investment is part of Dewji's efforts to expand his business operations beyond Tanzania.
- The total investment amount is equivalent to about Sh661.93 billion.