Top 10 Richest People In Tanzania

Tanzanias economy is booming, with GDP expected to grow 6 in 2025, driven by infrastructure projects, private investment, and a strong tourism rebound.

Mohammed Dewji, Tanzanias richest person, leads MeTL Group, a multibillion-dollar conglomerate spanning agriculture, manufacturing, and finance.

Mohammed Dewji, Rostam Aziz, and Said Bakhresa lead Tanzanias industrial expansion, shaping key sectors like manufacturing, telecom, and energy.

Tanzania, East Africas second-largest economy, is experiencing a period of rapid growth, driven by a mix of private-sector expansion and major government-led infrastructure projects.

While often compared to its regional counterpart, Kenya, Tanzania is charting its own course, attracting global capital into key sectors like manufacturing, banking, telecommunications, agriculture, and tourism. The country also holds a unique distinctionit is home to East Africas only dollar billionaire, Mohammed Dewji, whose MeTL Group spans industries from agro-processing to consumer goods.

Despite economic challengesfrom lingering post-pandemic effects to fluctuating commodity pricesTanzanias economy has remained resilient. GDP is expected to grow by 6 percent this year , supported by a rebound in tourism, large-scale infrastructure developments, and rising private investment in finance, energy, and agribusiness.

Behind this economic upswing are the countrys wealthiest individualsindustrialists, financiers, and entrepreneurs who are shaping Tanzanias future. Mohammed Dewji, Africas youngest billionaire, continues to dominate manufacturing and trade through MeTL Groups vast operations. Rostam Aziz, known for keeping a low profile while making high-impact investments, has expanded beyond telecommunications into energy, mining, and real estate, solidifying his influence in Tanzanias industrial sector.

The financial landscape is also evolving, with digital banking and fintech innovations making financial services more accessible. Platforms like NALA are streamlining transactions, while the Dar es Salaam Stock Exchange DSE , now valued at Tsh19.22 trillion 7.38 billion, remains a key driver of capital growth and wealth creation.