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Taxpayers face Sh23bn bill over Koko Networks death
From left: Koko Networks CEO Greg Murray, Ministry of Energy Principal Secretary Joseph Njoroge and Koko Networks Chief Customer Officer Leila Ibrahim during the launch of a clean bio-ethanol cooking fuel in KOKO Fuel in the Kenyan market on May 28, 2019 at Mama Nyama restaurant in Nairobi.
Kenya has opened a new legal battlefront with the World Bank Group over a multi-billion shilling compensation to troubled clean energy startup Koko Networks that is backed by the multilateral lender.
Koko shut down Kenya operations and is on the brink of bankruptcy after a dispute with the Kenyan government over the sale of carbon credits.
