Africa's youngest billionaire Mohammed Dewji abducted

Mohammed Dewji

Mohammed Dewji

Masked gunmen have kidnapped a man described as Africa's youngest billionaire from a gymnasium in Tanzania's economic capital Dar es Salaam, officials said.

Mohammed Dewji, the 43-year-old owner and president of Mohammed Enterprises Tanzania Ltd. (METL) and a former member of Tanzania's parliament, was entering a gym in an upscale hotel for his regular morning workout when he was grabbed off the street, according to police reports.

The abductors, who are believed to be foreign nationals, accessed the gym through gates that are believed to have been left open deliberately, Dar es Salaam regional police commissioner Lazaro Mambosaso told CNN.

According to eyewitnesses, unknown men arrived in two vehicles and parked at the hotel before Mr Dewji got there.

Dar es Salaam police chief Lazaro Mambosasa told a press conference that the assailants had "shot into the air" before bustling Dewji into their auto. He was abducted by two foreigners, the Swahili Times reported on Twitter, citing Mambosasa.

Dewji was born in Tanzania and studied at Georgetown University in the United States.

Mr Dewji served as a ruling party MP for a decade until 2015.

"Three people have already been arrested but we can't divulge their identity for the moment", he said.

They then sped off while shooting in the air.

Dar es Salaam regional commissioner Paul Makonda cautioned the public against speculation.

Mohammed Dewji is 17th on the list of Africa's billionaires, and worth $1.5 billion, says Forbes.

Dewji is also the main shareholder in Simba football club, based in Dar es Salaam.

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