A customer refills a Koko fuel bottle at a smart dispensing unit in a refill shop. Koko Networks seeks buyers after carbon credit export denial forces the startup into administration.

The collapse of clean-cooking company Koko Networks Ltd. will reverberate beyond the $300 million investors lost on what used to be one of the industry’s leading businesses.

NAIROBI, Kenya (AP) — It was designed to be as simple as buying airtime: a quick tap on the dispenser, a few shillings and a cooking canister refilled. Now, more than 3,000 Koko fuel supply points ...

Koko Networks, one of Africa's largest clean cooking companies, has entered administration after Kenya's government declined to issue a key approval needed to sell its carbon credits in international ...

The company’s sudden shutdown has raised fresh concerns about the stability of Kenya’s economy amidst uproar over the rising cost of living.

Koko’s model‌ depend‌ed heavily o‌n carbo‌n finance. By selling coo‍ksto⁠ve cr⁠edits abroad, the company subs‌idised bi‍oethanol‍ fuel at home, making it cheaper than‌ charcoal and kerosene. [Koko ...