MAURITIUS based investors Alteo International plans to boost sugar production in Tanzania by increasing sugar estates under its subsidiary, TPC Limited and diversify investments to tourism. The Chief Executive Officer, Mr Patrick de Labauve, told Prime Minister Kassim Majaliwa who visited the company in Mauritius yesterday that they planned to increase sugar production by establishing more sugar cane estates and venture into tourism to tap into its great potential.

According to a statement from Prime Minister’s Office, the Mauritius investors have asked the government to avail them with opportunity to invest in tourism sector in Kilimanjaro Region which has many tourists attractions including Mount Kilimanjaro, the highest mountain in Africa. Read more