Kenya: Koko Networks Firms Placed Under Administration After Kenya Exit
7 Articles
7 Articles
Kenya: Koko Networks Firms Placed Under Administration After Kenya Exit
Nairobi -- Clean cooking energy firm Koko Networks Limited and its subsidiary, Koko Networks Global Services (Kenya) Limited, have been placed under administration, signaling a likely exit of one of Kenya's most prominent bioethanol distribution ventures.
How Kenya killed climate tech giant KOKO
The collapse of KOKO Networks in January 2026 has become a case study of a policy-dependent business model being dismantled by a government. On Friday, KOKO, a Kenyan clean-cooking startup, shut down its activities and laid off 700 employees, a move that stranded 1.5 million households who used the company’s product. The shutdown, which reportedly followed two days of meetings where company executives weighed the options, ended a long battle to …
KOKO creditors face a 14-day deadline as the company enters administration
On today’s Techpoint Digest, we discuss KOKO Networks entering administration, STANLIB getting approval to buy into Cassava ADC, SongDis calling for African musicians to be paid properly, and Nomba acquiring a Canadian payments firm.
Koko Networks Placed Under Administration as Kenya’s Clean Cooking Startup Shuts Down - Innovation Village | Technology, Product Reviews, Business
Kenya’s clean cooking ambitions have suffered a major setback following the collapse of Koko Networks, one of the country’s most prominent bioethanol distribution startups. The company and its subsidiary, Koko Networks Global Services (Kenya) Limited, have been placed under administration, days after operations across Kenya effectively ground to a halt. Professional services firm PricewaterhouseCoopers has taken control of the business, with par…
Koko Networks enters Administration as PwC assumes control
PricewaterhouseCoopers Limited (PwC) has taken control of Koko Networks after the Kenyan clean-cooking fuel startup entered administration, placing a business that served over 1.3 million low-income households and invested over $300 million in bio-ethanol infrastructure under insolvency management. More than 700 employees were laid off on January 31, and the administrators will now decide how the company’s assets are managed and how much credit…
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