TRENCO
Technologies Limited
A Presentation in Two Parts

Why We Are Here And Why It Matters

A conversation with the Online Taxi Drivers Association of Zambia (OTDAZ) on the future of Zambia's mobility infrastructure — and the partnership we are proposing to build it.
Friday, 24 April 2026
Joint Working Meeting · Lusaka
Strictly Confidential
Before We Begin
02 / 24

A note on what this presentation is —
and what it is not.

Part One · Context
Why Trenco exists
A short account of the landscape we are building inside. What is happening to Zambia's mobility infrastructure, who benefits from it, and why this is not just a commercial conversation. If you do not understand this, nothing else about Trenco makes sense.
Part Two · The Partnership
What we are proposing
Who Trenco is as a company. What we have built, how drivers earn, how we protect them, and what we are asking of OTDAZ. Today is not a signing ceremony — it is the first working conversation on the path to one.
Trenco Technologies Limited
Confidential
 
03 / 24
Part One

The Ground We Are Standing On

Before we talk about Trenco, let us talk about what else is being built.
A Story, to Begin
Part One · Once Before
Rhodesia, 1889
The British South Africa Company did not arrive with an army. It arrived with a service. It offered convenience, then created dependency. The service became infrastructure, and the infrastructure became the country. By the time anyone thought to ask who owned what — the roads, the railways, the mines, the maps — the answer had already been written. Sovereignty was no longer a question to be asked. It was a fact to be negotiated around. Digital platforms are the chartered companies of our time.
Trenco Technologies Limited
Confidential · 04
The Pattern Repeats
Part One · Once. Again. Now.

Once. Again. Now.

This is not a new pattern. It is an old one, wearing a new uniform. Each time, the form changes. The logic does not.
Once
1889
British South Africa Company
A service became infrastructure. Infrastructure became ownership. Ownership became sovereignty — someone else's.
Again
2025
Yango, in Zambia
A ride-hailing service becomes the transport layer. Drivers become dependent. Data leaves the country. Zambian institutions hesitate.
Now
Today
The decision in front of us
Whether we build an alternative while it is still possible — or wait until the infrastructure is theirs, and the conversation is academic.
The names and the decades change. The shape does not. Someone always arrives with a service. The only question that matters is: who owns it by the time we notice?
Trenco Technologies Limited
Confidential · 05
Start With a Question
Part One · The Question

Who should own the
infrastructure
that moves Zambians
across Zambia?

This is not a commercial question. It is a civic one. And as the pattern shows — it has already been answered once before. The question for 2026 is whether we answer it differently this time.
Trenco Technologies Limited
Confidential · 06
Who Owns the Platform Moving Zambia
Part One · The Landscape

Follow the Chain of Ownership

When a Lusaka driver takes a ride through the dominant platform in Zambia today, the ownership history looks like this:
A driver in Lusaka
Zambian citizen. Pays for fuel, takes the risk.
01
Yango (the brand Zambians interact with)
Headquartered in Dubai since the 2024 restructuring. Operates in 30+ countries across Africa, the Middle East, South Asia and Latin America.
02
Ridetech International B.V. (Netherlands)
Until 2024, the international holding vehicle for Yango — a subsidiary of Yandex N.V. (Netherlands), which was itself the holding company for Yandex LLC (Russia).
03
Yandex LLC (Russia)
The Russian technology conglomerate. The original operational owner — until sanctions, and the restructuring that followed.
04
Every kwacha, every trip, every passenger's location — moves through this chain. And the chain itself was reorganised to make that flow harder to trace.
Trenco Technologies Limited
Confidential · 07
Why the Chain Was Reshaped
Part One · The Split

The Restructuring Was Not Accidental.

Between 2022 and 2024, the ownership structure behind Yango was deliberately reorganised. Not to improve service. Not to help drivers. To put legal and geographic distance between the platform and the sanctions it was facing.
2022

Russia invades Ukraine. Sanctions follow.

The EU places Yandex co-founder Arkady Volozh on its sanctions list. Nasdaq suspends trading in Yandex shares. Yandex N.V. — the Dutch parent — faces an existential problem: how to keep its international businesses operating while its Russian parentage has become a liability.

2023

Negotiations begin to split the company.

Two years of negotiations follow, involving the Kremlin, the EU, Nasdaq, and investors on multiple continents. The goal: separate the "Western" businesses (AI, cloud, autonomous vehicles) from the "Russian" businesses (search, advertising, ride-hailing inside Russia) — so the Western entity can keep operating without the sanctions tail.

Feb 2024

The deal is announced.

Yandex N.V. agrees to sell its Russian operations to a Russian consortium for approximately $5.4 billion — one of the largest corporate exits from Russia since the invasion. The deal requires personal approval from Vladimir Putin. EU sanctions on Volozh are lifted in March.

Jul 2024

The split is finalised. New names, new geography.

The deal closes. The "Yandex" brand is discontinued by the Dutch parent entirely. The international residual becomes Nebius Group, Amsterdam-based, focused on AI. Yango — the ride-hailing operation in Africa, the Middle East, South Asia and Latin America — is separated out and re-headquartered in Dubai, operating independently.

What this means for Zambia
The restructuring does not remove the concern — it relocates it. A platform built with Yandex technology and Yandex data infrastructure now operates from Dubai, under a different corporate name, in jurisdictions with weaker data-localisation laws than the EU. The sanctions logic that prompted the move has not changed. Only the address has.
Trenco Technologies Limited
Confidential · 08
Where the Data Lives
Part One · Data

Zambian Data, Foreign Jurisdiction

Every ride in Zambia generates data: location, time, identity, payment, patterns of movement. That data is not held in Zambia. It is held abroad, on servers that Zambian law cannot reach.
What Data
Location histories of government officials, journalists, business leaders, ordinary citizens. Payment flows. Network maps of who meets whom, where, and how often.
Where It Sits
On servers outside Zambia, structured to keep the legal jurisdiction of the data separate from the country where the users are. This is not accidental — it is designed.
Who Can Reach It
Not ZICTA. Not ZRA. Not the Zambian courts. By the time any Zambian institution wants to audit a platform's data, the platform can say: it is not here.
Why This Matters
Because mobility data is not neutral. In the wrong hands it is an intelligence map. In any hands outside Zambia, it is an asset we do not control — about us.
Trenco Technologies Limited
Confidential · 09
Why This Reaches Every Driver
Part One · Leverage

Drivers Are Not Just Users. They Are Leverage.

When a foreign platform controls the livelihoods of thousands of Zambian drivers, those drivers become something more than customers. They become a political constituency that the platform can invoke whenever Zambian institutions try to hold it to account.
01

Dependency is engineered

Drivers invest time, vehicles, and livelihoods in the platform. Switching costs climb. The platform knows this.

02

Regulation becomes costly

When ZRA, ZICTA, or Parliament raises concerns, the platform mobilises its driver base: "regulation will kill your jobs."

03

Sovereignty erodes quietly

Not through confrontation — through reluctance. Institutions hesitate. The platform keeps growing. The question becomes academic.

Trenco Technologies Limited
Confidential · 10
What We Are Building Against
Part One · The Alternative

Infrastructure sovereignty is not a slogan.

It is a concrete set of choices. A platform that is Zambian-owned, Zambian-hosted, Zambian-regulated, and Zambian-accountable means:
Zambian jurisdiction
Data held under Zambian law. ZICTA can audit. Courts can compel. Institutions retain authority.
Zambian revenue
Subscription revenue stays in Zambia. Taxed in Zambia. Reinvested in Zambia.
Zambian accountability
Founders and directors accountable to Zambian regulators — not a shareholder meeting in another time zone.
Zambian partnership
Driver welfare co-managed with the association that represents drivers — not promised by a call centre overseas.
Trenco Technologies Limited
Confidential · 11
The Turn
12 / 24

This is why we built Trenco. And why we cannot build it alone.

The sovereignty argument is only worth making if there is a real alternative to make it with. That is what Part Two is about.
Trenco Technologies Limited
Confidential · 12
About Us
Part Two · The Company

Trenco Technologies Limited

A Zambian technology company building the country's first multi-service urban mobility and driver welfare ecosystem. Incorporated in Zambia. Hosted in Zambia. Accountable to Zambia.
Trenco was founded to answer a question Zambian drivers have been asking for years: why does the platform keep more than the driver? We started from that question and built backwards — a platform where drivers keep every kwacha of every fare, where safety is built in, where the association that represents drivers is a founding partner, and where every kwacha of revenue, every byte of data, stays under Zambian jurisdiction.
At a Glance
Incorporated
[PLACEHOLDER — year]
Registered in
Republic of Zambia
Data hosted
Zambia
Managing Director
Innocent Chimba
Core team
[PLACEHOLDER — size & composition]
Current stage
Pre-launch, platform in active development
Founding partner
OTDAZ
Trenco Technologies Limited
Confidential · 14
Who Owns Trenco
Part Two · Ownership

The Chain of Ownership — Answered.

In Part One, we asked who owns the platform moving Zambia. It is only fair that we answer the same question about ourselves. Trenco is 100% Zambian-owned. The chain ends in Zambia.
A driver in Lusaka
Zambian citizen. Pays the subscription. Keeps 100% of every fare.
01
Trenco Technologies Limited
Incorporated in Zambia. Registered with PACRA. Data hosted in Zambia. Accountable to Zambian regulators and courts.
02
Zambian shareholders
Three founding shareholders. No foreign ownership. No holding company in another jurisdiction.
Innocent Chimba Coaster Chola Terry Munyumbwe
03
§
Consistent with commercial practice, Trenco is not disclosing exact shareholdings or percentages at this stage. What we are confirming — and will confirm in writing — is that Trenco is 100% Zambian-owned and that no foreign shareholder, adviser, or funding source has ownership, control, or a claim on this company.
Trenco Technologies Limited
Confidential · 15
The People Behind Trenco
Part Two · Leadership

Leadership & Team

The people you will be working with, and the people standing behind this platform.
IC
Innocent Chimba
Managing Director & Founder
[PLACEHOLDER — short bio: background, years of experience, what Innocent brings to Trenco.]
—
[PLACEHOLDER — Name]
Head of Product & Engineering
[PLACEHOLDER — short bio of the product / engineering lead.]
—
[PLACEHOLDER — Name]
Head of Operations
[PLACEHOLDER — short bio of the operations lead running onboarding, support, and welfare fund.]
—
[PLACEHOLDER — Advisor]
Advisor / Board
[PLACEHOLDER — short bio of a named advisor or board member. Names of shareholders or board members lend real credibility.]
Trenco Technologies Limited
Confidential · 16
What We Have Built
Part Two · The Platform

One Platform. Thirteen Features. One Weekly Fee.

Trenco is not a single-service ride-hailing app. It is a full urban mobility ecosystem. Drivers pay one flat weekly subscription — never per-trip commission.
Trenco Rides
On-demand rides
Trenco Send
In-city courier
Trenco Lifts Share
Scheduled carpooling
Trenco for Work
Corporate accounts
Trenco Safe
AI safety monitoring
Trenco Live
Real-time GPS
Trenco Earnings
Driver dashboard
Trenco Pay
Mobile money
Trenco Shield
Dashcam & telematics
Trenco Care
Driver welfare fund
Trenco Trust
Rating system
Trenco Invite
Referral rewards
A 13th feature — Trenco Pass — is the weekly subscription itself. One fee, every feature.
Trenco Technologies Limited
Confidential · 17
How Drivers Earn
Part Two · Driver Economics

The Driver Keeps 100% of Every Fare.

Trenco does not take commission on rides. Ever. Our revenue comes from a single, transparent weekly subscription.
100%
Of Every Fare
Goes directly to the driver. No platform commission. No take-rate. No hidden deductions.
Vs. the model drivers know today
Existing platforms
Take 15–25% commission on every trip. A driver earning K1,000 loses up to K250 before fuel.
Trenco
One weekly subscription. Pay it, and every kwacha the driver earns that week is theirs to keep.
What this means at scale
On a week earning K5,000, a driver on Trenco keeps up to K1,000–K1,250 more than on a commission platform. Every week.
Weekly subscription price: to be agreed with OTDAZ based on what the ground tells us.
Confidential · 18
Protection Built In
Part Two · Driver Protection

Trenco Care — The Soul of the Platform

A portion of every Trenco Pass subscription flows into the Trenco Care Welfare Fund — bank-held, co-managed with OTDAZ, reported on every quarter.
"Trenco builds the foundation. OTDAZ builds what stands on it."
Trenco funds the welfare infrastructure for the first two years — enough time for OTDAZ to build sustainable projects on top of it.
Evidence-Based Deactivation
No driver deactivated without written reasons to OTDAZ within 24 hours. Right of appeal through OTDAZ within 14 days. Trenco Safe and dashcam evidence reviewed before acting.
Fare & Earnings Transparency
Every fare, deduction and subscription charge itemised in the Trenco Earnings dashboard. 14 days' notice to OTDAZ before any structural change to pricing.
Welfare Fund Priorities
OTDAZ decides where the fund goes: funeral cover, dashcam lease-to-own, GPS devices, school fees, emergency support for members in distress.
Rider Accountability
Riders who abuse drivers, damage vehicles or submit false complaints face meaningful consequences — including suspension from the platform.
Trenco Technologies Limited
Confidential · 19
The Partnership
Part Two · The Partnership

Why OTDAZ, and Why Together

If the sovereignty argument is real, it cannot be made by a platform alone. It must be made with the people who represent the drivers. OTDAZ is the only drivers' association named anywhere in Trenco's foundational documents. That is deliberate.

Why OTDAZ

  • The sole formally registered online taxi drivers' association in Zambia.
  • Legitimacy with government, regulators, and the membership that no platform can manufacture on its own.
  • Ground knowledge of driver realities in Lusaka and the Copperbelt.
  • Trust with drivers who have been burned before by platforms that promised and underdelivered.

What the partnership delivers to OTDAZ

  • A welfare fund for members, funded by platform subscriptions.
  • First point of contact for all driver grievances, with escalation rights.
  • Co-management of fund priorities: funeral, dashcam, school fees, emergencies.
  • Monthly support dashboard — tickets, response times, deactivations, appeals.
  • Early access for OTDAZ drivers to every new platform feature.
Trenco Technologies Limited
Confidential · 20
Where We Are Going
Part Two · The Plan

The 3-Year Plan

A phased path from launch to a multi-city ecosystem — with OTDAZ embedded at every stage.
Year 1
Launch & Mobilise
  • Platform launch in Lusaka; Copperbelt rollout within 90 days of go-live.
  • Target: [PLACEHOLDER] active drivers by end of Y1.
  • Full Trenco Care welfare fund mechanics operational.
  • Weekly subscription stabilised based on ground data.
Year 2
Deepen & Expand
  • Expand to secondary cities (Livingstone, Chipata, Solwezi).
  • Scale Trenco Send (courier) and Trenco for Work (corporate).
  • Target: [PLACEHOLDER] drivers; [PLACEHOLDER] corporate accounts.
  • OTDAZ-led welfare projects operating alongside Trenco baseline.
Year 3
Sustain & Hand Over
  • OTDAZ welfare fund transitions to self-funded sustainable projects.
  • Regional expansion beyond Zambia under consideration.
  • Trenco at scale across all 13 integrated features.
  • Partnership reviewed at 18-month milestone; 3-year renewal.
Trenco Technologies Limited
Confidential · 21
The Hard Question
Part Two · Funding

Funding, Runway and Staying Power

OTDAZ has asked, fairly, what happens to drivers and the welfare fund if Trenco faces difficulties. Here is our answer — directly.
Current Position
Where Trenco stands today
[PLACEHOLDER — specific numbers. E.g. 'Self-funded through founder capital of K[amount]; launch capital of K[amount] committed; runway of [X] months at planned burn.' Be specific — vague language here undoes every other slide.]
The Path to Sustainability
How Trenco becomes self-funding
[PLACEHOLDER — break-even logic. E.g. 'Operationally sustainable at [X] active drivers paying weekly subscription, projected within [X] months of launch. Revenue from Trenco Send, for Work, and Shield compound the base.']
Protecting OTDAZ and the Membership
If things go wrong
The Trenco Care Welfare Fund sits in a bank account co-controlled with OTDAZ — not Trenco's operating account. Driver data stays under Zambian jurisdiction and can be exported at any time. No exclusivity provision survives if Trenco ceases operations. OTDAZ's reputation is protected because the partnership is built on structures that do not depend on Trenco's daily solvency.
Trenco Technologies Limited
Confidential · 22
What We Are Asking of OTDAZ
Part Two · The Ask

A Path Forward, Together

Today is not about signing the MOU. It is about agreeing a path to it.
01
Today
Share the market as OTDAZ sees it. Hear Trenco's full picture. Work through the commercial principles — subscription price range, settlement cycle, rollout sequencing — together.
02
Between Now and Next Meeting
Trenco refines pricing and rollout proposals informed by today. OTDAZ consults its membership and regional coordinators where appropriate. Regular contact between designated points.
03
At the Next Meeting
Both parties walk in ready to sign the MOU and Driver Confidence and Protection Charter, with commercial terms agreed, questions answered, and the membership confident.
Trenco Technologies Limited
Confidential · 23
 
24 / 24
Built in Zambia
For Zambian Drivers · Under Zambian Law
We are not asking OTDAZ to trust a foreign promise. We are asking to build what is ours — together.
Innocent Chimba · Managing Director · Trenco Technologies Limited
Friday, 24 April 2026