Tosyalı's investment in Africa Tosyalı Holding Chairman Fuat Tosyalı announced that they will invest more in Africa after Algeria and Senegal. Tosyalı Holding is ready for new investments in order to strengthen its presence in the African continent. Speaking at Forbes magazine, Fuat Tosyalı, Chairman of the Board of Directors of Tosyalı Holding said: “We can deliver the goods we produce in Iskenderun to the east of Africa through the Suez Canal. Thanks to our factories in Oran, Algeria, we can pass through Europe and the Strait of Gibraltar to the west of Africa. Now we are going to invest more in two countries on the continent.