TPL Trakker subsidiary secures first African contract in Chad

August 28, 2025 (MLN): TPL Trakker Limited (PSX: TPLT)'s associated company, Trakker Middle East LLC, has secured a contract with SOCIETE "SEBIT" SARL to provide IoT-based fuel monitoring solutions in the Republic of Chad, Africa.

This development marked a significant milestone for the Pakistani telematics company as it represents Trakker Middle East LLC's first project in the African continent, expanding its operational footprint beyond its traditional Middle Eastern markets.

According to the notification issued to the Pakistan Stock Exchange, this Chad project signals TPL Trakker's strategic push into new geographic territories, with the company identifying promising growth potential for IoT-based telematics and fuel monitoring solutions across various African markets.

The contract with the Chadian company SOCIETE "SEBIT" SARL involves the deployment of advanced fuel monitoring systems that utilize Internet of Things (IoT) technology to provide real-time tracking and management capabilities.

These solutions are increasingly in demand across emerging markets as businesses seek to optimize fuel consumption and reduce operational costs.

TPL Trakker's expansion into Africa comes at a time when the continent is experiencing rapid digitization and infrastructure development, creating substantial opportunities for technology providers specializing in fleet management and fuel monitoring systems.

The company has positioned this Chad contract as a gateway project that could facilitate further expansion across other African nations, where similar demand for telematics solutions is anticipated to grow.

TPL Trakker, through its various subsidiaries and associated companies, has established itself as a leading provider of vehicle tracking, fleet management, and IoT-based monitoring solutions in Pakistan and the Middle East.

The company's technology platforms serve various sectors including logistics, transportation, and industrial operations.

This geographic expansion aligns with TPL Trakker's broader strategy to diversify its revenue streams and tap into emerging markets with high growth potential for technology-driven solutions.

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