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July 24, 2025 | 2 months ago
BEA successfully leads a 15 billion dinar fundraising campaign for Tosyali Algeria
On Wednesday, Banque Extérieure d’Algérie (BEA) announced the success of the 15 billion dinar bond issue launched by the Tosyali Algeria group.
Steered by BEA as lead manager of the investment syndicate, this strategic operation is designed to support the financing of investments in the Tosyali steel complex in Béthioua (Oran), which specializes in the production of flat steel.
According to the bank, the success of this fundraising operation testifies to investors' confidence in the country's industrial potential. It also demonstrates the capacity of the Algerian banking system to structure innovative, sustainable and high-performance financing. Through this operation, BEA reaffirms its commitment to industrial development, economic diversification and the emergence of a dynamic financial market in Algeria.
The bank's General Manager, Lahouari Rahal, hailed this success and congratulated Tosyali Algérie and all the partners who contributed to the operation, describing it as "a symbol of effective collaboration at the service of productive investment".
Founded in 2007, Tosyali Algérie is one of Africa's leading steel producers. Its industrial hub in Béthioua is distinguished by a strategy of sustained growth, major investments and a strong focus on the needs of national and international markets.
Founded in 2007, Tosyali Algeria is one of Africa's leading steel producers, based in the industrial hub of Béthioua. The company is characterized by a strategy of sustained growth, significant investments, and strong focus on the needs of national and international markets.
July 24, 2025 | 
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