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Tanzania's Richest Man Wants To Be Africa's Biggest Farmer
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- Опубликовано: 17 мар 2024
- Globe-trotting billionaire, Mo Dewji, made a fortune in East Africa selling palm oil, rope, and soda. Now he claims to have the recipe for transforming Tanzania into an agribusiness powerhouse.
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The whole Africa has the highest potential ever when it comes to produce agricultural goods for the continent and for the whole world. But because we have bad leaders, we are not taking advantage of our different resources (workforce, financial resources, spaces/lands…)
Both bad leaders and vision-less citizens. It's not a leader that pushed western pioneers to break new grounds. It's individual ambition. Should I rather create more wealth and services.. or buy more Rolls Royce's?
I believe our problems are deeper than just bad leaders.
@@faithful_ave no doubt but let’s start changing leaders or just the leadership; you will see how many things will change.
well I wouldn't say all of it, large parts of Namibia aren't really arable
Africans wazembe ...
All Africans should follow after Burkina Faso lead
What’s happening in Burkina Faso? Enlighten me
Just rhetoric
@@ssebuddeibrahim9830 do ur research foo stop being lazy
What can Burkina Faso teach Tanzania? Coups and civil war? 😂😂😂
@@munyaradzijani7409 Pan africanism in most instances is just ridiculous,baseless rhetorics ... wish we would be endorsing more sensible things that can be backed
Tanzania has 1 of the largest Water Reserves in the World lake Victoria/Tanganjika/Malawi with 2× size of California fertil volcanic soil it should be a top agriculture producer's in the World
This is the way to go. Let Africa 🌍 unite for a greater purpose
Tanzania has been able to feed itself and produce excess food for export through the small scale farmers. Theory that small scale farmers can never feed a nation is being proved wrong. Even in the sisal production Mo works in collaboration with small scale farmers. We promote sharing in Tanzania and he knows that. Tanzania is feeding itself, and even cash crops are grown in collaboration with large scale farmers. One person holding thousand acres of land while others are landless is unacceptable here. A large scale investor in farming needs to provide expertise, processing and marketing and model farms, the rest is done by outgrowers.
I understand Saudi has bought 500K acres in Tanzania. They have bought even more in Ethiopia,Sudan. The gulf countries are buying up Africa, I wonder how it will end.
It will end with the re-enslavement of Africans in Africa by Arabs if African leaders do not understand the importances of land owership.
That said, did Tanzania change its law of allowing foreigners to only lease land, not own land?
No foreigner can own land in africa. They all lease it. That land can be taken back anytime
@@africaine4889 dude, most of the leases of tea farms in kenya ended/are ending in 2020s...that's why king Charles was here to extend the lease of the crown tea estates. They will own it for perpetuity. Did you know they also own around 8% of Kenyan lands through conservancies trusts? The World bank team are here in Nairobi and they are carving up kenya to sell to foreign capital coz of our indebtedness. They are busy drafting laws about sustainability, green economy, carbon credits through UNEP...we signed a FTA agreement with EU which will be quite abusive and impoverishing...
@@africaine4889you never been or did business in francophone countries. Africa its not only english speaking countries. Even US Ivy leagues universities bought lands in Africa.
@@Heegooatdo you have proof of this information?
Smh this is what happens when colonial puppets are in charge.
Everyone else gets rich except the people the resources actually belong to.
I respectfully disagree with you on this. We (Tanzanians), 100% consider Dewji a Tanzanian. Unless I confused what you meant by your comment
@@chaggaswag He doesn't even leave in Tanzania, he stays in Dubai but makes his money from Tanzania.
@@chaggaswag I bet he identify as Tanzanian only when he thinks it will cause him to make more money from Tanzanians.
Tanzanians should remember that the Arabs enslaved Tanzanians, and I think the main reason why they enslaved Tanzanians(Africans) is because they believe that they are superior to Africans. That said, I do not know if he believe he is superior to Tanzanians(Africans), but I would not be superised if he does think that way.
I understand that Tanzanians (the majority do not understand racism because the majority of Tanzanians are not expose to direct racism) . Of all the Africans in Africa, Africans in Southern Africa ( South Africa, Zimbadwe, Namibia, ..) understand/experience racism
None of the top richest people in Tanzania are black. Do Tanzanians not see that as a problem?
Instead of whining about someone who has done something with his life, how about you go do something with your lives? Jealousy is one heck of a disease
Wazo zuri sana. It's prime time to convert some of the widespread national parks into agricultural land. The same was done at the Canadian Prairies, American dust bowl etc. Mr Dewji fanyia kazi wazo hili!
National parks protect wild animals...canada and america have caused extinction of their own of their own animals through score hunting etc etc
@@victorgerryson2695 for the west and not for the continent. redusing the safari park for agriculture is essential
Rarely do you see the native Africans as the richest in their countries
Nigeria had 25 Billionaires in USD since 2010 accoridng to President Obasanjo.
Because African leaders sell off the resources ...
@@supahotjoe6493There are normally 17-21 billionaires on the entire African continent, so I call bs on that.
@@supahotjoe6493Nigeria’s economy is largely controlled by Nigerians. You can find them in the oil and gas, telecoms, trade, commerce and banking and real estate. So the data should be substantially true.
@@mamotalemankoe3775 you must be joking. South Africa and Nigeria have highest number of billionaires
Go Mo 🔥
Somebody has to invest...so 🎉
Respect From Pakistan
I'm tired of non-African/ European people talking about raping Africa of the natural resources, which is the only thing that Europeans, Indians, Americans, and others only care about regarding Africa.
And it is obviously clear that this is how it's been throughout history, it can't even be denied. Don't get me wrong I love all people, but this is some b******* in the year 2024.. Africa is not responsible for the ozone layer disappearing, global warming,
And world wars(dropping two nuclear bombs on a civilian population)
Also I know for a fact that the Europeans value the one thing that matters> 🌾 GRAIN-. THAT BEING SAID-The American Great plains has exhausted the nutrients in the soil to almost zero and without fertilization it simply won't produce also the aquifers under America are also depleted to almost zero I believe the Dutch went to South Africa to grow grains but found gold and diamonds in the dirt and you know the rest...1❤
Exactly
That footage is quite disgusting...360p?
BEST 1
So amazing dear
Msijisahaulishe ni tajiri nambari moja mdogo zaidi Africa pia,na ni tajiri wa Simba SC...🤔🤔🤔na ni mwanangu sana pia😁😁🏃🏽♂️
😂😅😂😅ausio
@@victorgerryson2695 wamefikiwa,lazma wakubali awa wazungu😂😂
The most weird advert
Small, sustainable, organic, food growing and not cash crop growing - the profits should go back into proper education, nutrition, healthcare, better social infrastructure, higher education, environment preservation, tourism, affordable housing for all - all this without pushing modernism and too much concrete.
If large farming involves displacing local comunities, it means no source of income to those comunities aka agraveted poverty.
1/Modern large scale farming needs no man power
2/Modern large scale farming demands huge amounts of water
3/In most places local comunities rely on natural resources for energy aka fire wood or charcoal production
It is not about understimating people's management skills, one thousand ha is too much to sucessfully handle. It is likely to fail, this is why he is beting a million of dolars out of usd250,000,000.
At this point i hope Tanzania have all ready in place GMO regulations, bcz nowdays most large farms are GMO seeds based.
Not if they use the South African model meant to create jobs as well.
Gates likes it too! lol
Great Vision
The problem with investing in Africa is they are psuedo-communists. You don't own land in Tanzania, you lease it for 99 years from the government. Africa needs to get out of its own way by embracing free market enterprise, and honoring their contracts with a sacrosanct rule of law.
With all that being said, there is limitless potential for sub-saharan Africa.
If we do that, rich people from Africa will buy up Africa and we will become slaves again.
This is actually the case in a lot of countries.. but you misunderstand the idea behind it. That said 99yrs is prrfunctionaily renewed at its expiration by the owner. That caveat is put in place only to demonstrate that the government has overall right even on land you have bought. In the case of overriding public interest(like public amenities), your ownership can be transferred to another location.
@@NomadByNecessity exactly. Basically the same even in USA, except they use terms like "eminent domain". Bet the average Westerner doesn't even think about the implications of that.
His wealth lies in the comfort of the Middle East yet he proposes introducing industrial agri farming that will not benefit the people of Tanzania. He will bring chemicals and destruction to locals and the environment while he and his investors become wealthy land barons. The people and government of Tanzania must reject his proposal at all cost
very mediocre image quality. Are you serious Forbes?
Tanzania does not have a hunger problem. Yes, there is an issue with poverty and low productivity agriculture but the nation is self-sufficient in food production through small scale farmers and sells excess to its neighbors.
Mo Dewji's plan is commendable if done in the same manner as other large-scale tea, coffee and sugarcane farms currently operate in Tanzania. They engage and operate alongside small scale farmers, helping them gain new technology and access markets. Not replace them.
Can I make things clear.Mohammed Dewji "He is not the Richest person in Tanzania.The Richest person in Tanzania is Rostam Aziz and number 2:Said Salim Bhakresa
You know nothing
We need such people in this continent
He is a predator
~ The main problem will be that some countries with high potential for constructive & productive prosperity are their own greatest enemies, let alone having foreign investment friends, so it may not blossom to full fruition.
This can never be a good thing...
The East Africa coast is very diverse with many Arabs and Indians. Africans need mechanized agriculture to sustain themselves and feed the world.
It's Dewji not duji.
Okay Mr. Maji
Hope this agriculture will be natural organic and absolutely NO GMO!!🎉
I don't trust those people.
Tanzania richest man.. doesn't look Tanzanian. I wonder why i even said this or if im the only one kinda not emotionally stable about that fact.
Are u from tanzania?
Tanzania is different from the rest of Africa.even the bantu are not endogenous as the moved from Cameron.Maasai are only just over 200 years there so this make the Arabs more native then
I am Tanzanian and a simple search will show you he was born and raised in Tanzania. 4th generation Tanzanian
I am Tanzanian and a simple search will show you he was born and raised in Tanzania. 4th generation Tanzanian
@@SIMBAofSIMBA please you need a lesson in history, Arabs not more native in Tanzania. There were many native tribes in Tanzania way before Arabs came for trade.
Am interested in farming also
Cool.
👍👍👍
😮
He will be among top ten billionier in the world within 20 years .
Can’t wait to meet this lovly guy with a very big Vision so I can buy hot chillies from his farm to make our Sauce .Papa Dino
Africans pray for him.
We trust you more
At the very minimum, the mention of this project can at least inspire someone (especially young Africans) about the vast potential of Africa and do something constructive about it in their different spheres. At best, this project will not yield much benefit to the common man. Existing large plantations across Africa are proof of that fact.
If Mo could pivot to buying commodities from thousands and tens of thousands of well run small farms then it would be a true win-win scenario. Decentralization is the way of nature and it cannot be bettered. Small organic farms run on the correct principles will definitely outperform large centralized farms in most ways.
It baffeles me that all African stories have to talk about the percentage who live in poverty and below a specific dollar a day ratio.
Its such a tired one sided issue.
I thought this would be an in-depth look at the man's plan, the reason why he doesnt stay in Tz (his kidnapping)...where does Tz's poverty come in....do better, be better.
He is still not Tanzanian 😂
born and raised in Tanzania. he is in fact very Tanzanian
No he is not as simple as that,being full born in Europe doesn't make u European
@@prukundoothen why black American identified as citizens of America?
So what do you suggest? Should he go somewhere and invest, at least he is creating jobs for the local, and from his name, he is a Muslim.
@@lakasid3860because we have been here(US)for 500 years,not to mention having varying percentages of Native American(indigenous)ancestry like myself.
Iran is owning land in africa i bet
MOHD come invest in Kenya, people forgot to farm specialized only in corruption
The lender makes up the numbers and controls the narrative...
A native should be the richest man in Tanzania and not a foreign Asian
Why? Just because you feel entitled? If they work hard yes...if not then no
KEEP CALLING TANZANIA POOR, AT LEAST IT KEEP HIDING US FROM EVIL , and KIMYA KIMYA NA MAMA TUNASONGA...
👊👍✌️.
Imagine 🤦🏾♀️ smmfh
It’s Mohammed Dewji not Duji😅😅😅..
Don't go to Nigeria 😂😂
100 million in equity doesn’t buy much productive farmland
100M dollars mate
Quality farmland @ 15000/ acre buys you 18000 acres if leveraged at 1/3 equity. Really not that much land. I suspect there are bigger farmers already
U need to Be Inclusive within CED within The Country!
Inclusion ...Inclusion ...as you launch This Big Dream!
Of course the richest isn’t African.
Hogwash … desktop reporting from a business desk somewhere. 🤢
A Indian origin dude 🤔
it is pronounced as DE-UJI...not DEW-JI...
He is Indian gujrati origin and the Surname actually is devji or u can type it as dewji ! Now deuji
@@svanimation8969 He is a Tanzanian by nationality- born and raised and that's how his name is pronounced back home. Now, Indians and Gurjat...they should sort themselves out...that's another story. Thank you
@@dougherty8732 yes he is Tanzanian but I'm saying this Surname is actually is like this ! There are many of Indian origin people's who's surnames got butchered badly in abroad
For example Prasad surname spelled as parsaud in guayana mostly of Indians who shifted just accept it whatever the way it spelled there by govt. Officials of those times in other world !
@@svanimation8969 Can see you have so much time to argue..!
He appears here because he is supported by the western world, and he's going to use cheap labor in Tanzania and export the products to the west. Local Tanzanians won't benefit
Poor reporting
Lies, Lies, Lies
Buy Bill Gates out of whatever land he owns please🤣
This report must have been done by the great grandson of Leopold II because it's so neo colonial in sentiment that Joseph Conrad might as well been the one to do the report. 1. The gaslighting is too much, how does one man's quest to expand his business equate to enabling another "oyibo man's burden" narrative? 2. There are no organizations within the continent for you to reference? Is the continent full of animals that can't speak for themselves? Let me guess, Forbes was paid by the individual you're highlighting to help sell his vision? Just say that but stop gaslighting people with the same tired neocolonial hogwash. It's lazy journalism.
Dont sell.your land to forieghn man.he will.invite indian hew will take your land
First view
Second
@@kennethadler7380 great 👍🏻
He’s not African