Kenya's Koko Networks files for administration

Sudden Collapse Of Kenyan Clean-Energy Startup Leaves Many In The Lurch

A clean-cooking company that powered kitchens for hundreds of thousands of low-income families has abruptly collapsed, laying off its entire 700-person workforce and shutting off fuel supplies overnight. The fall of KOKO Networks, a once-celebrated Kenyan startup, reveals the fragility of climate-tech ventures built on complex global finance and vulnerable to a single regulatory decision. Founded in 2013, KOKO Networks aimed to revolutionise coo…

Kenyans to Pay Ksh.23BN in Compensation to Koko Networks

Kenyan taxpayers are looking at a potential Ksh.23.1 billion in compensation package to the clean energy startup Koko Networks, following the government’s failure to honour an earlier signed agreement. This is after the startup shut down its operations in Kenya, resulting into layoff of its entire workforce after a prolonged dispute with the Kenyan government … The post Kenyans to Pay Ksh.23 Billion in Compensation After Koko Shuts Operations fi…

The KOKO Collapse: How a Carbon Credit Standoff Bankrupted Kenya’s Clean Energy Giant - Techish Kenya

Kenya’s KOKO Networks collapsed after the government denied carbon authorisation, stranding 1.5 million households and risking massive World Bank liability.

Kenya's Koko Networks files for administration

On today’s edition of Techpoint Digest, we discuss Kenya’s Koko Networks filing for administration, how everyday cooking took Jaskaro to Lagos, and MTN MoMo Zambia going global.

Details of Taifa Gas, the Fuel Set to Replace KOKO in Kenya

The Kenya Times ~ Trending, Breaking News and Videos Details of Taifa Gas, the Fuel Set to Replace KOKO in Kenya Construction of the Taifa Gas liquefied petroleum gas (LPG) storage and distribution facility in Mombasa has reached 80 per cent completion. Taifa Gas project is aimed at providing Kenyans with affordable gas after KOKO Networks shut its operation in Kenya following a dispute over carbon credit sales approval by the Kenyan Government.…