Dubai-based consumer electronics manufacturer Maser Group has unveiled plans to invest $1.6 billion across Nigeria, Ghana, and Kenya over the next two years, marking one of the most ambitious private-sector infrastructure bets in Africa’s technology and agriculture space.
According to a report cited by Bloomberg, the investment will focus on data centres and large-scale agricultural projects, as the company positions itself to benefit from Africa’s rising demand for digital infrastructure and improved food production capacity.
Investment targets data centres and agriculture
Maser Group said the funding is designed to address two of Africa’s most pressing challenges: food security and limited digital infrastructure.
As internet usage, cloud adoption, and data consumption continue to rise across the continent, demand for local data capacity has accelerated sharply.
At the same time, population growth and climate pressures have increased the urgency for modern, scalable agricultural solutions—an opportunity Maser believes is ripe for long-term investment.
$300m already committed as expansion gathers pace
Founder and Chairman of Maser Group, Prateek Suri, disclosed that the company has already committed approximately $300 million to land acquisitions and other asset-backed projects as part of its expansion strategy into Africa.
Suri explained that much of the upcoming investment will be financed through MDR Investments LLC, Maser’s investment arm, alongside backing from China’s Chia Ventures Co.
Public-private partnerships across multiple African countries
Beyond Nigeria, Maser Group is actively pursuing public-private partnerships (PPPs) with governments in Tanzania, Zimbabwe, Zambia, Rwanda, and Nigeria, targeting sectors such as agriculture, mining, and affordable housing.
MDR Investments, which manages a $500 million fund, is expected to play a central role in structuring these partnerships and funding large-scale infrastructure projects.
Taiwan talks signal deeper data centre ambitions
Suri also revealed that Maser Group is in discussions with potential partners in Taiwan to jointly develop data centres across Africa, as global technology firms seek closer proximity to African users.
“We are in touch with certain companies in Taiwan who are ready to do a joint venture with us to open data centres in Africa,” Suri said during a recent virtual interview.
Africa’s data centre market still far behind global demand
Despite rapid growth, Africa’s data centre market remains significantly underdeveloped. Industry estimates suggest total installed capacity could rise to 2.2 gigawatts by 2030, up from roughly 0.4 gigawatts today, requiring as much as $20 billion in new investment.
Nigeria, in particular, is emerging as a regional hotspot.
A recent report by Verraki Partners projects Nigeria’s data centre market could reach $2.7 billion by 2035, driven by surging cloud adoption, fintech growth, and rising digital services demand.
Installed capacity in Nigeria is expected to grow from 65–86 megawatts in 2025 to over 400 megawatts within the next three to five years, positioning the country as West Africa’s leading digital hub.
Why this investment matters
Founded in 2014, Maser Group manufactures consumer electronics and home appliances such as televisions, washing machines, and refrigerators.
The company already operates in Nigeria, Kenya, Ghana, South Africa, and Egypt.
The shift into agriculture and data centres represents a strategic diversification, allowing Maser to capitalise on Africa’s long-term infrastructure gaps while reducing reliance on traditional electronics manufacturing.
Suri currently holds a 56% stake in the company, while Chia Ventures owns 30% and TPA Electronics Co. holds the remaining 14%.
