Tanzanian Tycoon Ali Mufuruki Dies in South Africa

Tanzanian millionaire Ali Mufuruki died of pneumonia in a South African hospital, a family friend says. Mufuruki was chairman of the Infotech Investment Group and founded the CEO Roundtable of Tanzania organisation and the Africa Leadership Initiative. Local newspaper The Citizen says Mufuruki's net wealth has been quoted at U.S.$110 million by Ventures Africa.

Ali Mufuruki in 2012

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