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Algeria at the Heart of Tosyalı Holding’s $2.5 Billion Global Expansion: A New Steel Superpower in the Making

• Author: بوابة الجزائر • 0 comments • 140 views
Algeria at the Heart of Tosyalı Holding’s $2.5 Billion Global Expansion: A New Steel Superpower in the Making

ALGIERS – Tosyalı Holding, the Turkish steel giant, has officially launched a massive $2.5 billion investment program with a primary focus on its Algerian operations. Chairman Fuat Tosyalı announced that this strategic move aims to propel the company into the world’s top 20 steel producers, positioning Algeria as its most vital integrated industrial hub.

Doubling Output in Algeria A significant portion of this global investment is being channeled into Tosyalı Algérie. The expansion plan includes adding 3 million tons of new capacity, which is set to double the daily output from 50,000 to 100,000 tons within the next 30 months. This surge in production is part of a broader vision to reach an annual capacity of 9.5 million tons at the Algerian complex, transforming it into a fully integrated hub covering all steel segments.

Algeria at the Heart of Tosyalı Holding’s $2.5 Billion Global Expansion: A New Steel Superpower in the Making
A view of Tosyali Algérie’s integrated steel complex in Algeria. (Photo via tosyali-algerie.com)

Entering the Automotive Market In a move that aligns with Algeria’s growing automotive industry, Tosyalı is allocating 700,000 tons of its flat steel capacity specifically for automotive-grade production. Deliveries are expected to begin in the third quarter of this year, meeting the high-precision surface quality standards required by international car manufacturers.

Global Leadership through Algerian Success Supported by its strong performance in Algeria, Tosyalı Holding rose to 46th place in the global rankings in 2024, becoming one of the world’s top three fastest-growing steel producers. The company’s revenue is projected to exceed $10 billion this year, driven by its vertically integrated structure that connects Algerian operations with a wider African footprint in Libya and Angola.

By integrating mining operations directly with high-tech steel production, Tosyalı Algérie is not just a factory, but the cornerstone of a new “Green Steel” ecosystem that will serve both the Mediterranean and the African continent.

Source: Turkiye Today

#Algeria#Steel#Tosyalı Holding
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A New Era for Social Economy in Algeria: EU-Funded Program Launches National Strategy Process for Youth Inclusion

A New Era for Social Economy in Algeria: EU-Funded Program Launches National Strategy Process for Youth Inclusion

ALGIERS – Since the beginning of April 2026, the Social and Solidarity Economy (SSE) sector in Algeria has reached two significant milestones. These advancements come under the framework of the program “Social and Solidarity Economy at the Service of Sustainable Economic Inclusion for Youth,” a strategic initiative aimed at empowering the next generation of Algerian entrepreneurs.

A New Era for Social Economy in Algeria: EU-Funded Program Launches National Strategy Process for Youth Inclusion

Building a National Roadmap The first major step involves the launch of a participatory process to develop a National Strategy for SSE. This process focuses on identifying priority issues and defining the primary axes for development. By formulating initial key orientations, the program seeks to create a structured and future-proof strategy that aligns with Algeria’s broader economic goals.

A New Era for Social Economy in Algeria: EU-Funded Program Launches National Strategy Process for Youth Inclusion

Strengthening Networks and Capacities The second milestone focuses on the “on-the-ground” impact by enhancing the capacities of SSE project leaders and social entrepreneurship actors. The ultimate goal is to formalize a National SSE Development Network, ensuring that social innovators have the resources and connections needed to scale their impact.

A New Era for Social Economy in Algeria: EU-Funded Program Launches National Strategy Process for Youth Inclusion

Networking for Success In line with these objectives, two networking and consultation workshops were held in Algiers on April 8 and 13, 2026. These sessions brought together a diverse group of stakeholders, including program beneficiaries and implementation partners, to foster collaboration and exchange expertise.

A Strong Partnership This ambitious program is funded by the European Union in Algeria, in a strategic partnership with the United Nations Development Programme (UNDP) and the Ministry of Labour, Employment, and Social Security. This collaboration underscores a shared commitment to fostering an inclusive economic environment where young Algerians can thrive through socially responsible business models.

#Funded Program
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General Saïd Chanegriha: Cyber and AI are Redefining Global Power Dynamics

General Saïd Chanegriha: Cyber and AI are Redefining Global Power Dynamics

ALGIERS – General Saïd Chanegriha, Minister Delegate to the Minister of National Defense and Chief of Staff of the People’s National Army (ANP), inaugurated a high-level seminar on Thursday titled: “External Threats Amid Geopolitical and Technological Shifts: Security Challenges and Strategic Stakes.”

The event, organized by the General Directorate of Documentation and External Security (DGDSE), was attended by the Prime Minister, the Chief of Staff of the Presidency, cabinet members, and senior military officials.

Proactive Strategic Foresight

In his opening remarks, General Chanegriha emphasized that the seminar is part of a continuous effort to instill a culture of proactive thinking within the ANP. He noted that a deeper understanding of global shifts is essential to protecting Algeria’s vital interests and national stability.

“These transformations have led to a highly complex and intertwined international environment characterized by strategic uncertainty and increased competition for resources and influence,” the General stated.

The Role of AI and Cyber Space

Highlighting the technological dimension of modern warfare, the General pointed out that advancements in cyberspace, Artificial Intelligence, and data management are fundamentally reconstructing the logic of power. He asserted that mastering Research and Development (R&D) and knowledge production has become a decisive factor in determining influence in international relations.

Algeria as a Reliable Security Partner

General Chanegriha reaffirmed that Algeria continues to enhance its strategic vigilance by adopting proactive approaches. This strategy ensures that the nation remains a reliable international partner and a key player in its geo-security sphere.

He concluded by reiterating that under the leadership of President Abdelmadjid Tebboune, the Army is committed to modernizing its military equipment and training systems to effectively face all forms of current and future threats.

Source: Algeria Radio Multimedia

#Cyber Space#People's National Army#Saïd Chanegriha
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Pope Leo XIV Sends Message of Gratitude to President Tebboune Following Historic Visit to Algeria

Pope Leo XIV Sends Message of Gratitude to President Tebboune Following Historic Visit to Algeria

ALGIERS – Upon his departure from the People’s Democratic Republic of Algeria,Pope Leo XIV sent a formal message of thanks to the President of the Republic, Mr. Abdelmadjid Tebboune, expressing his “deep gratitude” for the successful visit.

The message, released by the Presidency of the Republic, highlights the spiritual and diplomatic bonds strengthened during the Pontiff’s three-day stay in the country.

The Official Message

In his communication to President Tebboune, the Pope emphasized the special place Algeria holds in his heart, stating:

“As I depart from the People’s Democratic Republic of Algeria, I express my deep gratitude to Your Excellency and to the Algerian people, for whom I hold a special place in my heart, for the warm welcome and hospitality I received during my visit.”

The message concluded with a gesture of goodwill for the country:

“With the confidence of my prayers, I invoke divine blessings of peace and joy upon the nation.”

Pope Leo XIV Sends Message of Gratitude to President Tebboune Following Historic Visit to Algeria
#Algeria#Papal Visit#Pope Leo XIV#Saint Augustine
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