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Promise to Create 20,000 Jobs in Mozambique by Mo Dewji

Latest Tanzania business news · Promise to Create 20,000 Jobs in Mozambique by Mo Dewji explained · 2026 updates · updated Aug 20, 2026 · business news · companies · investment

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TLDR

  • Tanzanian billionaire Mo Dewji has pledged to invest $250 million in Mozambique and create 20,000 jobs for its citizens.
  • The announcement was made after a meeting with Mozambique's President Daniel Chapo in Maputo on August 18, 2026.
  • Dewji stated that their discussions were productive and he has identified several investment opportunities in the country.
  • The investment aligns with the activities of Mohammed Enterprises Tanzania Limited (MeTL) and aims to establish new production, distribution, and service chains in Mozambique.
  • Details regarding the specific sectors for the investment and the timeline for its commencement were not provided.

Latest news excerpts & sources: Promise to Create 20,000 Jobs in Mozambique by Mo Dewji

mwananchi.co.tzRead more

Mo alitoa ahadi hiyo baada ya kukutana na Rais wa Msumbiji, Daniel Chapo mjini Maputo Jumanne ya Agosti 18, 2026, akisema mazungumzo yao yalikuwa na tija na tayari amebaini fursa kadhaa za uwekezaji nchini humo. “Tumekuwa na mazungumzo yenye tija na tumedhamiria kuwekeza Dola 250 milioni nchini Msumbiji na kuajiri watu 20,000,” amesema Mo.

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