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A Tanzanian billionaire businessman has reportedly been kidnapped by unidentified men outside a luxury hotel in Dar es Salaam.

Mohammed Dewji, the 43-year-old owner and president of Mohammed Enterprises Tanzania Ltd. (METL) and a former member of Tanzania's parliament, was entering a gym in an upscale hotel for his regular morning workout when he was grabbed off the street, according to police reports.

Three people have been arrested in connection with the incident and two of the abductors were believed to be foreign nationals, police added.

An Uber driver who was dropping a passenger at the hotel at the time of the abduction described events to Tanzania's The Citizen... He served as an MP from 2005 to 2015.

A normally sleepy city, Dar es Salaam is not known for high intrigue, and there has certainly never been a case of white men kidnapping prominent individuals reported before.

The kidnappers fired shots in the air before driving away with the billionaire, eyewitnesses said.

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The regional governor, Paul Makonda, said: "Initial information indicates he was kidnapped by whites travelling in two vehicles".

They then pulled him into their auto and sped off while shooting in the air.

Dewji, who according to Forbes is Africa's youngest billionaire, was elected to parliament on the CCM ticket but did not seek re-election to his seat in the 2015 election.

He is also the main sponsor of the Tanzanian premier league club champions, Simba.

Dewji runs MeTL, a multi-establishment company operating in six African countries which was founded by his father in the 1970s.