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PwC seeks buyer of Koko Networks assets after collapse
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.
Koko Networks administrators are seeking buyers for the clean-cooking startup’s assets in the wake of its collapse last month after it failed to secure approvals from the Kenyan government to export carbon credits.
The business advisory firm PricewaterhouseCoopers (PwC) said it is pursuing a sale or the acquisition of Koko’s specific assets, which include fuel-dispensing machines, vehicles, software and office equipment.
