Mohammed Dewji, head of the $1.25bn MeTL Group and an MP in Tanzania, is set to launch a foundation in May to give away $100m of his fortune.
Dewji – ranked 31st richest person in Africa last year by Forbes – plans to gift around $2m from his fortune to the Mo Dewji Foundation on its launch, gradually building up the endowment fund to some $100m, he told Philanthropy Age.