Mohammed Dewji is the CEO of METL, a Tanzanian conglomerate founded by his father in the 1970s. It is active in textile manufacturing, flour milling, beverages and edible oils in eastern, southern and central Africa. Tanzania’s only billionaire, Dewji operates in at least six African countries and has ambitions to expand to several more. His net worth rose due to an increase in sales in 2015. Dewji retired from Tanzania’s parliament in early 2015 after completing his two terms. His Mo Dewji Foundation provides scholarships for poor Tanzanian children. He signed the Giving Pledge in 2016, promising to donate at least half his fortune to philanthropic causes.