The Inside Story: The $10 Billion Plan — How Mo Dewji Is Betting Tanzania’s Biggest Fortune on Pan-African Expansion and EV Minerals

Skip to content
Mo Dewji turned his father’s trading house into a $2 billion pan-African conglomerate and became Africa’s youngest billionaire. Now, courting Mozambique and Botswana and betting on EV-battery graphite, he wants to triple MeTL to $10 billion by 2035. Inside the expansion.
The intelligence satisfies curiosity. The paid briefings satisfy strategy.
Every Monday, Elite subscribers receive an Investor Memo breaking down the deal, the structure and the positioning behind the week’s most consequential African wealth story – the kind of analysis that doesn’t appear anywhere else.
Twice a month, a Wealth Intelligence brief profiles a single billionaire’s holdings, cash flows and expansion pipeline in detail no public source matches.
→ Executive ($25/mo): Daily newsletter + Deep-Dive Reports
→ Elite ($75/mo): Everything above + Investor Memos + Wealth Intelligence + Quarterly Analyst Briefings
Subscribe now
This post is for paying subscribers only
Subscribe
Already have an account? Sign In

African Wealth Briefing — Fri., Aug. 28, 2026
Koos Bekker, author of perhaps the greatest venture bet in history, set his 2028 retirement — in a room of investors revolting over the structure that keeps Naspers trading below the value of its assets.

Deep-Dive Report: Against the Board — How Hend El Sherbini Took Egypt’s Biggest Diagnostics Group Private Over Her Own Directors’ Objections
Hend El Sherbini runs Egypt’s largest diagnostics group. This summer she took it private — over her own board’s objection that the price was too low, and only after a mandatory bid triggered by buying out Elliott. Inside a contested buyout, and the wave pulling African firms off public markets.

Wealth Intelligence: One Great Bet — How Koos Bekker’s $32 Million Wager on Tencent Still Defines Naspers, and the Discount He Leaves Behind
In 2001 Koos Bekker bet about $32 million on a small Chinese firm called Tencent. It became perhaps the greatest venture investment ever. Now, as he sets a 2028 exit amid an investor revolt, the discount and the hunt for “the next Tencent” are the problems he leaves behind.

Capitec billionaire Michiel le Roux gave the Democratic Alliance more than half its funding
Capitec founder Michiel le Roux gave R55 million to the Democratic Alliance, 53% of its funding, before South Africa’s November elections.
Crédito: Link de origem