East Africa’s richest man, Mohammed “Mo” Dewji, is expanding aggressively across the continent, with disclosed projects and commitments worth as much as $680 million in 2026 across Tanzania, Kenya and Mozambique, while Botswana could become his next destination.

The Tanzanian billionaire is pursuing the expansion through Mohammed Enterprises Tanzania Limited (MeTL), the diversified conglomerate he leads, with interests ranging from beverages and critical minerals to tourism, energy and manufacturing.

The strategy reflects Dewji’s long-standing approach to business growth.

“Business as usual will never lead to growth and development. Only through innovation and change will you see real progress!” Dewji once said.

Botswana emerges as Dewji’s next target