Kenyan Households Affected As KOKO Networks Shuts Down Operations
7 Articles
7 Articles
Kenyan Clean Cooking Startup KOKO Networks Abruptly Shuts Down Amid Carbon Credit Standoff
KOKO Networks, the Kenyan bioethanol cooking fuel provider, has ceased all operations effective immediately. The shutdown follows a protracted standoff with the Kenyan government over the refusal to issue a critical Letter of Authorisation for carbon credit sales. The collapse of the startup, often cited as a poster child for climate finance in Africa, has … The post Kenyan Clean Cooking Startup KOKO Networks Abruptly Shuts Down Amid Carbon Cred…
Kenyan Households Affected As KOKO Networks Shuts Down Operations
The Kenya Times ~ Trending, Breaking News and Videos Kenyan Households Affected as KOKO Networks Shuts Down Operations KOKO Networks, a leading clean-cooking startup in Kenya, has announced plans to end its operations in Kenya. On Friday, KOKO Customers were informed of the plans to wind up via a message stating: “Samahani, KOKO customer, we regret to inform you KOKO is closing operations today. We will share next steps soon. Asante for being a…
Koko Networks Shutdown Puts 700 Jobs and $300M Investment at Risk
Koko Networks, the clean‑cooking startup founded in 2013, has shut down operations after laying off its entire workforce of 700 employees. The closure follows the Kenyan government’s refusal to issue a Letter of Authorisation (LOA) that allowed the company to sell carbon credits, an essential pillar of its subsidised fuel model. Without the LOA, Koko’s [...] The post Koko Networks Shutdown Puts 700 Jobs and $300M Investment at Risk appeared firs…
Cooking Fuel Firm Koko Shuts Down Operations, Leaving Thousands Of Customers And Agents Stranded
A major shake-up has hit East Africa’s clean-energy space as Koko, a technology-driven cooking fuel company, has ceased operations, abruptly disrupting access to affordable ethanol cooking fuel for thousands of households and small businesses. The shutdown affects customers who relied on Koko’s smart fuel dispensers and gas cookers as a cleaner alternative to charcoal and kerosene. Many users were left unable to refill cooking fuel, while agents…
Clean Energy Startup Koko Networks Collapses in Kenya
Koko Networks, the high-profile ethanol cooking fuel provider, has abruptly shut down its Kenyan operations. The move leaves over 700 employees jobless and hundreds of thousands of low-income households without a primary source of clean energy. Why It Matters Koko was the poster child for the “carbon-credit-subsidized” business model. By selling carbon offsets on the […] The post Clean Energy Startup Koko Networks Collapses in Kenya appeared fir…
Kenya clean cooking startup KOKO shuts down following carbon credit dispute approval standoff - African Sustainability Matters
KOKO Networks, one of Kenya’s most visible clean-cooking startups, has shut down its operations and laid off its entire workforce following a dispute with the Kenyan government over carbon credit approvals, bringing a sudden halt to a business model that had become central to the country’s clean energy transition for low-income households. According to trusted sources, the decision, taken after days of internal deliberations at the company’s Nai…
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