TPL Trakker Limited has announced that its associated company, Trakker Middle East LLC, has signed a contract with SOCIETE “SEBIT” SARL to provide IoT-based fuel monitoring solutions in the Republic of Chad, marking the company’s first venture into the African market.
The disclosure was made to the Pakistan Stock Exchange. According to the company, the project represents a major milestone in extending its geographical footprint beyond the Middle East, where Trakker has been operating its telematics and IoT solutions business.
The development not only strengthens Trakker’s international presence but also opens doors to further expansion in African markets, which the company sees as promising for IoT-based telematics and fuel monitoring solutions.
“This is the first project of its kind undertaken by Trakker Middle East LLC in Africa and marks a significant step in our global growth strategy,” the company said in its filing.