Mo Dewji wins top business accolade

Friday September 25 2015

Mr Mohammed Dewji receives an award in New York

Mr Mohammed Dewji receives an award in New York yesterday. PHOTO | AGENCIES 

By The Citizen Reporter and Agencies

Dar es Salaam. Tanzanian business leader Mohammed Dewji is one of the few African entrepreneurs who made it to the list of African Business of the Year Awards together with the continent’s richest man, Aliko Dangote.

Mr Dewji bagged the Business Leader of the Year Award during an event organised by African Business magazine on the sidelines of the UN General Assembly in New York yesterday.

“Since taking over his father’s trading business in Tanzania, Business Leader of the Year Award winner, Mohammed Dewji, has confidently blazed his own trail,” reads a statement that was posted on the African Business Magazine website yesterday.

As chief executive officer of Mohammed Enterprise, the statement reads, Mr Dewji has acquired and turned around failing state companies in sectors as diverse as manufacturing, agriculture and real estate.

It states that Dewji’s stewardship of MeTL has led to a place on Forbes’ Richest Africans list. The 2015 Judges paid tribute to his dynamism and his visionary leadership in growing a $30 million business into a $1.3 billion conglomerate.

Reacting to the recognition, Mr Dewji is on record saying the award is a symbol of hope and inspiration for the bold, intelligent and entrepreneurial youth of the African continent.

“This moment is bigger than me…this moment is for all my fellow African businessmen and women who have and continue to spearhead immense growth across Africa and the rest of the world,” he said.

The Awards also commended leading businesses including Dangote Cement, Guaranty Trust Bank, Abellon Clean Energy, the Nigerian Stock Exchange and the leading provider of mobile-delivered micro-insurance in emerging markets, BIMA.

The award for the 2015 African Business of the Year went to Dangote Cement. Helmed by Africa’s richest man, Aliko Dangote, the Nigerian cement behemoth plans to expand production in several countries in anticipation of an infrastructure and construction boom. The judging panel applauded Dangote Cement for its continued drive to develop new tailored products, gain market share and expand its activities throughout the continent.