Africa-based Indian billionaire Prateek Suri expands mining vision across CAR and beyond

Prateek Suri, Chairman of Maser Group and Chief Executive of MDR Investments, has met Central African Republic President Faustin-Archange Touadéra in Abuja as his group pursues expanded mining rights across Africa, following recently secured gold mining interests in the CAR and Ghana.

The meeting comes as MDR Investments moves to consolidate its position in Africa’s natural resources sector. Suri used the occasion to reaffirm the group’s commitment to long-term investment partnerships on the continent, with discussions spanning mining, healthcare, infrastructure, and renewable energy.

Beyond mining, the group has signalled ambitions in digital infrastructure. A Maser Group subsidiary has acquired land across parts of Africa for future AI and data centre development — a signal, the company says, of its confidence in the continent’s industrial and technological trajectory.

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Ben Chia, an investor closely involved in the group’s Africa strategy, said the group was prepared to accelerate its African commitments. “After the success of Suri’s understanding of Africa, we are ready to invest more and more,” he said.

MDR Investments says it is now evaluating additional mining rights and resource-linked projects in other African markets, with a focus on mineral exploration, renewable energy ecosystems, and industrial infrastructure.

Suri also highlighted the work of the Maser Foundation, the group’s philanthropic arm, which focuses on healthcare, women’s empowerment, and child education across Africa.

Suri is widely regarded as one of the wealthiest India-born business figures based in Africa. Through Maser Group and MDR Investments, he has built holdings spanning consumer electronics, logistics, infrastructure, mining, and private equity.