African billionaire abducted in Tanzania returns home safely


DAR ES SALAAM: Africa’s youngest billionaire, snatched a week ago off the street outside a luxury hotel in Tanzania, has returned back home safely, the family company that he runs said on Saturday.

Mohammed Dewji, 43-year-old CEO of the METL Group family conglomerate, was seized as he arrived for a morning workout in Tanzania’s commercial capital Dar es Salaam last week. Forbes estimates his net worth as US$1.5 billion, making him Africa’s 17th richest man and its youngest billionaire.

“I have returned home safely'” METL Group quoted him as saying on its Twitter feed, without providing more details about how he was freed or got away from his captors.

The company also quoted him thanking those who had worked for his release, including the police.

The seizure of…

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