The African Continent’s Richest Indian Meets CAR President, Faustin-Archange Touadéra

Prateek Suri, Chairman of Maser Group and CEO of MDR Investments, recently met Faustin-Archange Touadéra following the group’s growing expansion in Africa’s mining sector after securing gold mining interests in the Central African Republic and Ghana.

The meeting marked another important step in MDR Investments’ long-term strategy to strengthen its presence within Africa’s natural resources industry. During the interaction, Suri expressed gratitude and took blessings from the President while reaffirming the group’s commitment to responsible investments and long-term partnerships across the continent.

Mining remained a key focus of the discussions, with both sides also exploring future opportunities in healthcare, infrastructure development, renewable energy, and broader economic cooperation aimed at supporting growth and employment generation in the region. The group has also increasingly focused on clean energy and sustainable infrastructure projects as part of its long-term Africa strategy.

Often described as one of the richest Indians based in Africa and among the youngest billionaires associated with the continent’s business landscape, Suri has built a diversified business presence through Maser Group and MDR Investments across sectors including consumer electronics, logistics, infrastructure, mining, renewable energy, and private investments. MDR Investments has increasingly positioned itself as a major Africa-focused investment platform pursuing large-scale opportunities through strategic partnerships and development-led projects.

The group’s long-term confidence in Africa is also reflected through its broader technology and infrastructure ambitions. A Maser Group subsidiary has already acquired large parcels of land across parts of Africa for future AI and data center developments, underlining the company’s belief in Africa’s digital and industrial future.

During the meeting, Ben Chia also expressed strong confidence in the group’s Africa strategy, stating, “After the success of Suri’s understanding of Africa, we are ready to invest more and more.” His remarks reflected growing investor confidence in MDR Investments’ long-term vision and expansion across the continent.

Following the group’s latest gold mining developments in the Central African Republic and Ghana, MDR Investments is now exploring additional mining rights and expansion opportunities in other emerging African markets. Sources close to the developments indicate that the company is evaluating long-term investments connected to mineral exploration, industrial infrastructure, renewable energy ecosystems, and resource-linked economic projects across the continent.

Alongside business expansion, Suri also highlighted the initiatives being carried out through the  Maser Foundation, the philanthropic arm focused on healthcare, women empowerment, and child education across Africa. He noted that beyond commercial success, creating meaningful impact for communities remains central to the group’s broader vision for Africa.

The meeting further reflects the growing confidence international investors are placing in Africa’s mining, clean energy, and development sectors, with MDR Investments continuing to position itself as a long-term strategic player in the continent’s evolving economic landscape.

Hot this week

NGX Chair: Insurance Sector Needs More Marketing, Digitalisation to Increase Penetration, Contribution to GDP

Remarks by Dr. Umaru Kwairanga, Chairman, Nigerian Exchange Group...

NAICOM Boss Charges CIIN on Professionalism, Ethics, Innovation as Jide Orimolade Emerges 53rd President

The Commissioner for Insurance/CEO, National Insurance Commission (NAICOM), Mr....

Experts Charge Stakeholders to Address Healthcare Challenges

Experts have charged stakeholders to address challenges limiting the...

Leadway Pensure Charge Nigerians on Early Retirement Planning

Leadway Pensure has charged Nigerians to plan for early...

IMT Congratulates New NIA, CIIN, NCRIB, PILA Leaders as Industry Takes Shape in a Defining Season of Reform

Insurance Meets Tech (IMT), Nigeria’s foremost platform for dialogue...

Topics

COVID-19:  Interswitch Pays Health Workers, Donates Test Kits to States

  In continuation of its effort to support Government at...

Media Accreditation Opens for ITU Telecom World 2016

ITU Telecom World 2016 opened the accreditation process yesterday for media...

Leadway Group Drives Dialogue on Nigeria’s New Tax Reforms, Compliance Strategies

Leadway Group, one of Nigeria's leading non-banking financial services...

Leadway Assurance: LOLA Virtual Assistant to Optimise Customer Engagement

In its mission to elevate premium service provision through...

LASAA Unveils 2023 Mobile Advert Stickers for Branded Vehicles

The Lagos State Signage and Advertisement Agency (LASAA), the...

NSML Signs Vessel Management Agreement with Temile Ltd for New LPG Vessel

NLNG Shipping and Marine Services Limited (NSML) Temile Development...

Sovereign Trust Insurance Wins Enactus Catalyst Award

From L-R: Victor Akinfala, Head Partnerships & Special Projects,...

Almond Set for Insurance Forum, Industry Nite

Almond Productions Limited, promoters of the Annual Insurance Consumers’...