"MeTL Group is Tanzania's largest homegrown company with Revenues of more than $1.5 billion, employing more than 24,000 people and with a presence in 12 countries in Africa."
Our heritage as an economic powerhouse runs deep. The MeTL Group began as a family business started by my father Gulamabbas Dewji, a small trading company which was then turned into one of the largest industrial conglomerates in East Africa, with interests ranging trading, agriculture, manufacturing, energy & petroleum, financial services, mobile telephonyinfrastructure and real estate, transport, logistics & distribution. After studying business at Georgetown University, I joined my father’s business in 1999, since then MeTL Group has grown significantly, diversifying to sectors never before thought possible. This company profile will outline the depth of MeTL Group’s presence in Tanzania, the brand that we have and how far we have come over the years.
MeTL Group is Tanzania’s largest homegrown company with Revenues of more than $1.5 billion, employing more than 24,000 people and with a presence in 12 countries in Africa, including Uganda, Ethiopia, Kenya, Rwanda, Burundi, Zambia, Mozambique, Malawi, Dubai, DR Congo and of course Tanzania. We have the best available talent and are consistently investing in our people and our infrastructure. The $1.5 billion revenue from our group of companies constitutes a little over 3.5% of the GDP of Tanzania and employs 5% of the formal employment sector. By 2018 we expect to hit revenues of $5 billion.
MeTL Group supports several causes through the Mo Dewji foundation. Over the last five years, we have spent more than $3 million developing schools, providing education, improving health care, and providing water supply inventions to create income generation. Mohammed (Mo) Dewji
MeTL Group has the vision of becoming the leading local producer and a trading powerhouse of agricultural and industrial goods in the Eastern and Southern Africa region offering the market with affordable and high quality products using its most efficient distribution network. The Group aims to capture the ever-increasing opportunities for intra-regional trading. The expansion program covers nine countries within the eastern and southern African region. These countries are Malawi, Mozambique, Uganda, Zambia, The Democratic Republic of Congo (DRC), Rwanda, Tanzania, Ethiopia and Burundi.
MeTL Group vision is to become the leading intra-regional trading and Investment Company in agriculture, industry and commercial sectors through application of:
Advanced trading and investment technologies and infrastructure
Carefully selected high quality products and services that position MeTL Group as the regional choice for trading, investment and commercial services.
Maintaining environmental protection, good governance and market standards
MeTL Group is strategically positioning itself to capture regional opportunities in agricultural, industrial and trading activities through two main strategies: Core strategy, which entails creation of organic growth in the existing operations; and Expansion strategy, which entails expansion of the company's product platform, investments base and geographical coverage.
The Group's specific areas of investments in this expansion program in the eight countries include the following:
Edible oil processing plants in Zambia and Mozambique.
Wheat grain processing plants in Malawi, Zambia, Uganda and Mozambique
Maize grain processing plants in Zambia, Mozambique and Malawi
Ginnery in Zambia
Textiles including spinning, weaving and processing in Ethiopia, Zambia and Mozambique
Detergents manufacturing plant in Ethiopia
Carton boxes manufacturing plant in Ethiopia
Warehouse facilities in Zambia, Malawi, Kenya, Uganda and Mozambique.
Commodities trading in Uganda, Zambia, Malawi, Mozambique, and Tanzania
Wholesaling of Petroleum products in Zambia, Malawi, DRC, Rwanda and Burundi.
MeTL Group is strategically positioning to capture opportunities brought by regional integration initiatives comprising of the Common Market for Eastern and Southern Africa (COMESA), East African Community (EAC) and Southern African Development Community (SADC).
The Eastern and Southern Africa region presents vast investment opportunities in the key sectors of infrastructural development and services, agriculture, tourism, trade and industry coupled with a combined population of about 400 million, which make the region an invaluable investment partner.