AFRICAN AMBITIONS: SENEGAL AND ANGOLA

“International revenues have are now a key party of our turnover. The investment in Algeria has a very special place in Tosyali Group. It is not the largest investment of any Turkish company abroad but it is nonetheless significant. We want to grow further in Africa after this first step in Algeria. Africa has a population of 1.2 billion people and is expected to reach 2.5 billion by 2050. There is great interest in Turkish companies in Africa. Turkish investors contribute to social life in the countries they work. They are accepted now in those countries because they contribute to their social well-being .

“Our second point in Africa will be Senegal. We have completed our preparations to establish a special economic zone in the country. Senegal has a population of 15 million people and is the gateway to Western Africa. It is a wellspring for growth of Tosyali Holding in the region. Our investment will not only benefit Senegal but the prosperity of the region. After Senegal, our new investment destination will be Angola, where we have already acquired an operation and investment license and are conducting feasibility studies.