Turkish billionaire Fuat Tosyali rolls out $2.5 billion Algeria steel push

Billionaires Africa | 21.04.2026 20:26
Fuat Tosyali has put his money where his ambitions are. The chairman of Tosyali Holding, Türkiye's biggest steelmaker, announced a $2.5 billion investment program on Monday that stretches from Algeria's coast to iron ore country in Angola, with a clear target in mind: breaking into the world's top 20 steel producers.