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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 Networks]
PricewaterhouseCoopers (PwC) has launched a search for buyers to acquire the business or assets of the collapsed clean-energy startup Koko Networks Ltd, as administrators move to recover value for creditors following a regulatory dispute with the government.