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As the CEO of Maser Group, a $5 billion consumer electronics empire, and the founder of MDR Investment, I have long believed in the transformative power of investment to lift communities out of poverty. In Africa, where abundant natural resources are waiting to be fully utilised, we see a unique opportunity to blend modern technology with a deep commitment to sustainability. Maser Group and MDR Investment are working together to ensure that Africa's wealth of resources fuels its rise, creatin...

How Africa's billionaire Prateek Suri is lifting communities through electrification and sustainable mining | Pulse Ghana

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The global energy transition is driving unprecedented change in industries, particularly in mining. As economies shift towards greener energy solutions, the demand for critical minerals like copper, cobalt, and lithium—key components in electrification technologies—has skyrocketed. This rush for copper assets has led to several high-profile mining deals globally, with Africa sitting at the heart of this revolution. MDR Investment has been quick to take notice and act.

“We are not just investing in mines; we are investing in the future of Africa,” says Prateek Suri, CEO of Maser Group. “The electrification of industries globally provides a rare chance for African economies to leapfrog into the future while maintaining a focus on sustainability.” Through MDR Investment, we are helping African nations develop modern mining infrastructures, embracing innovations that enhance efficiency, reduce environmental harm, and accelerate the continent's participation in the global economy.

The mining sector is undergoing a rapid transformation. Traditional, energy-intensive methods are being replaced by innovative technologies that drastically improve efficiency while reducing carbon footprints. These include automated drilling systems, artificial intelligence for mineral detection, and advanced machinery that reduces energy consumption. These innovations align perfectly with Africa's need for sustainable development, providing both economic growth and environmental stewardship.

“Innovation is key to the future of mining. Through cutting-edge technology, we can harness Africa’s natural resources without harming the environment, and ensure that the benefits reach all levels of society,” Suri explains. At Maser Group, our commitment to sustainability is unwavering. MDR Investment is at the forefront of facilitating the introduction of these technologies into African mining operations. In one of our recent ventures in Zambia, we partnered with local firms to introduce solar-powered equipment in copper mining, reducing carbon emissions by up to 40%. This initiative not only bolstered local production but also created hundreds of green jobs.

MDR Investment, Maser Group's investment arm, is playing a pivotal role in changing the mining landscape in Africa. Based in Africa, our strategic location has positioned us perfectly to engage in the global mineral trade. Our investments span the entire mining value chain—from exploration and extraction to refining and marketing—allowing us to impact every stage of the process.

One of our key strategies has been to take stakes in local mining ventures, often collaborating with artisanal miners. In the Democratic Republic of Congo, we have partnered with small-scale miners to scale up cobalt production, ensuring that these communities benefit directly from the wealth beneath their feet. This approach not only drives profitability but also promotes social equity. “By empowering local communities and small-scale miners, we’re not just investing in minerals; we’re investing in people,” Suri affirms.

At MDR Investment, we don’t just talk about ESG (Environmental, Social, and Governance) principles—we live by them. Every investment we make in the mining sector adheres to the highest standards of environmental responsibility, social inclusion, and ethical governance. For instance, in South Africa, we’ve taken positions in platinum mining projects where ESG considerations are deeply embedded. We’re reducing water consumption through innovative recycling techniques, ensuring that local communities have continued access to this essential resource. Moreover, these projects prioritise fair wages and safe working conditions for all employees.

“Sustainability isn’t a choice anymore—it’s a necessity. We believe that ESG-focused investments will not only drive profitability but also create a mining sector that future generations can be proud of,” says Suri. The global mining industry is at a crossroads, and Africa is poised to become a leader in this new era of sustainable, technologically advanced mining. By combining our expertise in consumer electronics with our investment prowess through MDR Investment, we are helping to build an Africa that stands on its own resources, creates wealth for its people, and meets the highest environmental standards.

The potential for Africa's mining sector is immense. The continent holds 30% of the world's mineral reserves, yet much of its potential remains untapped. At MDR Investment, we see this as an opportunity not just for financial growth but for societal advancement. “The future of Africa is bright. Through careful investment in mining and other sectors, we can lift millions out of poverty and create a new, prosperous era for the continent,” concludes Suri.

As we continue to explore new investment opportunities across the African super-region, we remain committed to our core mission: fostering sustainable growth, creating jobs, and ensuring that Africa’s resources benefit its people. With the electrification of industries fueling demand for African minerals, Maser Group and MDR Investment are ready to lead Africa into a future where poverty is reduced, prosperity is shared, and sustainability is paramount.

How Africa's billionaire Prateek Suri is lifting communities through electrification and sustainable mining

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