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Billionaire Suri taps Kenya as launchpad for Pan-African energy and tech expansion

Business · Brenda Socky · June 29, 2025
Billionaire Suri taps Kenya as launchpad for Pan-African energy and tech expansion
Billionaire entrepreneur Prateek Suri. PHOTO/ Daily Guide Network
In Summary

Maser’s footprint in Kenya aligns with government initiatives to expand national grid coverage and embrace clean energy solutions.

Billionaire entrepreneur Prateek Suri has chosen Kenya as the launchpad for Maser Group’s expansion into Africa’s rapidly evolving energy and technology sectors.

At the helm of Maser Group, a Dubai-based tech and infrastructure firm Suri is driving investments that range from the distribution of LED televisions in Kenya to renewable energy projects aimed at increasing electricity access in both rural and urban areas.

“Power is the foundation of progress,” Suri remarked, underscoring his vision for the continent.

Maser’s footprint in Kenya aligns with government initiatives to expand national grid coverage and embrace clean energy solutions.

The company has zeroed in on underpowered counties while maintaining partnerships with enterprises in the capital, Nairobi.

In a major business move, Maser was recently acquired for $5 billion by SCG Asia, a Singapore-headquartered conglomerate with interests spanning infrastructure, energy, and logistics in Africa and Asia.

Maser’s reach extends beyond Kenya, with active operations across East, West, and Central Africa. In Nigeria, it collaborates with both public and private sectors on energy infrastructure, while in Tanzania and Rwanda, the firm is focused on enhancing digital connectivity, logistics, and power distribution.

“Each African nation has its own rhythm, but the goal is shared progress, opportunity, and self-reliance,” said Suri.

Through its investment division, MDR Investments, Maser is also injecting capital into sectors such as tech, logistics, and manufacturing across the continent. Its philanthropic arm, the Maser Foundation, supports digital literacy in Kenya and vocational training initiatives in Nigeria.

“Africa isn’t just the future it’s the present. And this is only the beginning,” Suri added.

With a reported net worth of $1.4 billion, Suri’s ambitions for Africa are unfolding at a time when governments across the continent including in Kenya, Nigeria, Ghana, Rwanda, and Tanzania are scaling up efforts to improve access to energy and technology as part of broader economic development strategies.

Maser’s growing presence will serve as a test case for how international investors can help meet local demands while accelerating Africa’s tech and energy transformation.

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