IT40 News for 10/21/2018

#35 Africa’s youngest billionaire freed 9 days after being kidnapped

Mohammed Dewji, the man described as Africa’s youngest billionaire, said he is free more than a week after his abduction.
(AFP/Getty Images)

The man described as Africa’s youngest billionaire announced on Saturday he is free more than a week after he was abducted from a luxury hotel in Tanzania.

“I thank Allah that I have returned home safely,” said a statement released by Mohammed Dewji’s foundation.

“I thank all my fellow Tanzanians and everyone around the world for their prayers. I thank the authorities of Tanzania, including the Police Force for working for my safe return,” the statement read.

Dewji, 43, did not go into details about the Oct. 11 abduction or what led to his release. His net worth is believed to be around $1.5 billion, according to Forbes and is the 17th richest man in Africa, according to Reuters. He is credited with taking his family business and turning it into a retail enterprise.

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