Fred Ngajiro

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Fred Ngajiro
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Fred Fabian Ngajiro

(1987-06-16) 16 June 1987 (age 36)
Alma materMzumbe University, University of Dar es Salaam
OccupationEntrepreneur, Businessman
Years active2014–present
Net worthTZS4.64 billion (November 2020) [1]

Fred Fabian Ngajiro (Born 16 June 1987) also known as Fred Vunjabei is a Tanzanian Entrepreneur and businessman.[2]. He is the founder and CEO of Vunjabei (T) Group Limited and president of Too Much Money Limited. He is among the youngest successful entrepreneurs in Tanzania[3]. As of November 2020, Fred has an estimate net worth of Tanzanian Shilling 4.64 Billion according to The Citizen Magazine[4]

Early life & Education

Born 16th June 1987 in Iringa Tanzania and spend his early life in Iringa and later on took his bachelor's degree of commerce and finance from 2007 to 2010 at University of Dar es Salaam|University of Dar Es Salaam then pursue Masters of Business Administration at Mzumbe University in 2014.[2]


Upon graduation from university in 2014, Ngajiro returned home and started planning for a small business. He started his first business of collecting used mobile phones from South Africa and sell them at a cheaper price in Tanzania and Zanzibar. Within a year he was able to generate enough capital to start another business venture which was a car dealership business , but this was not a breakthrough for him. In 2015 he moved to China seeking for new business opportunities where he found new business venture in the fashion industry. He went back to Tanzania in 2016 and started investing in the Fashion clothing store business. In 2016 Vunjabei (T) Group Limited also known as Vunjabei Fashion Store was founded with one store in Kariakoo, Dar Es Salaam and later on he managed to have more than nine fashion Clothing stores across each region in Tanzania.[4]

He was named among the youngest entrepreneur in Tanzania who inspires the Tanzanian youth but also the youngest businessman who contribute to the Tanzania economy.[3] Worked with Tanzania musicians such as Zuchu, Young Lunya, Lulu Diva, Lady Jaydee, Hamisa Mobetto[5], Baba levo and others through his other business venture ``Too Much Money``[6] . Among artist that were signed under his record label /management company Too Much Money Limited were Whozu, Young Lunya and Billnas[7][8]

Nominations & awards[4]

  • 2019: Nominated as “Best Male Entrepreneur On The Digital'' at Tanzania Digital Awards (TDA).
  • 2020: Nominated as “Most Preferred Upcoming Male Business Icon of the Year 2020“ at Tanzania Consumer Choice Awards ( TCCA).


  1. "The Citizen profile: Fred Vunjabei".
  2. 2.0 2.1 Staff, Eafeed (2020-09-29). "Fred Fabian Ngajiro Biography, Age, Education, Career, Family, Net Worth". East African Feed. Retrieved 2020-10-03.
  3. 3.0 3.1 Tukohapa. "Fred Fabian Ngajiro: A Famous Tanzanian Businessman who is an Inspiration for Young Entrepreneurs | Tuko Hapa!". Retrieved 2020-10-03.
  4. 4.0 4.1 4.2 "How 'Fred Vunjabei' built a Sh4bn business empire at 33". The Citizen. Retrieved 2020-11-03.
  5. "Fred Vunjabei afunguka ishu ya Mobeto". Mwanaspoti. Retrieved 2020-10-12.
  6. Staff, NyotaNews. "Tanzania: Fred Ngajiro of Vunjabei Continue to Shake the Regions | Nyota News". Retrieved 2020-10-03.
  7. "Billnass, Young Lunya kumfuata Whozu". Mwanaspoti. Retrieved 2020-10-03.
  8. "Meet Award-winning entrepreneur Fred Fabian Ngajiro "Vunjabei" changing the Fashion and Music scene in Tanzania". Pulse Live Kenya. 2020-10-03. Retrieved 2020-10-03.

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