MeTL has a workforce of 24,000 people; that’s almost 3.5% of formal employment in Tanzania.
MeTL is a $1 billion revenue empire and contributes to 3% of Tanzania’s GDP.
MeTL has been in existence for four decades and started its business in Singida – Central Tanzania.
MeTL has four textile mills in Tanzania and Mozambique and produces 100,000 kilometers of cloth that would wrap the world two times.
Star Oil has a petroleum tank farm of a capacity of 48 million litres at Dar es Salaam.
MeTL has presence in Malawi, Mozambique, South Africa, Tanzania and Dubai.
MeTL helped revive the sisal industry in Tanzania. It contributes 40% of the country’s exports.
MeTL exports 20% of the total tea production in Tanzania.
MeTL has grown twelve fold in just over a decade.
MeTL secured a syndicated loan facility of $100 million with RMB which is one of the largest loan facilities ever provided for the trading of commodities in East Africa.
Through its MeTL Foundation the company has drilled 35 deep water wells in the suburb of Singida thus allowing accessibility to clean water by 70% and has spent over $3 million over the last five years.