Creditors of KOKO Networks Limited and Koko Networks Global Services (Kenya) Limited have been given 14 days to submit their ...
The administrators’ appointment is a final bid to rescue Koko or settle creditor and supplier claims before its 11-year run ...
Koko Networks, a prominent clean cooking start-up backed by Vitol and the World Bank, filed for administration on Saturday after a dispute with the Kenyan government over the sale of carbon credits.
Koko has always insisted its methodology was robust and that selling carbon credits to the compliance markets was essential.
Kenya’s KOKO Networks collapsed after the government denied carbon authorisation, stranding 1.5 million households and risking massive World Bank liability.
Koko Networks, a Kenyan climate tech startup once touted as a major solution to clean cooking in Africa, has shut down operations after accumulating more than $60 million in debt. The company ...
Koko Networks shuts down in Kenya, leaving 700 jobless and thousands of households uncertain after a carbon credit dispute ...
President William Ruto’s economic advisor David Ndii has said there are various economic reasons for the closure of Koko ...
Kenya's decision to reject clean cooking developer Koko Networks' request to sell carbon credits was met with widespread concern and criticism on Monday, including from the country's own special ...
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 ...
NAIROBI: KENYA remains haunted by the prospect of entering into a fresh dispute with the institution that ranked it the 10th ...
KOKO’s collapse shows why carbon credits fail as a market strategy: they turn energy security into a volatile financial derivative.