×
App Icon
The Standard e-Paper
Kenya's Bold Newspaper
★★★★ - on Play Store
Download Now

PwC now seeks buyers for Koko Networks assets

Vocalize Pre-Player Loader

Audio By Vocalize

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.

Premium Article

Get Full Access for Ksh299/Week.

Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Business
Farmers earn Sh841 million from coffee auction
Sci & Tech
From mobile money to Bitcoin: Africa's next digital finance shift
Business
Tea factories declare lower bonuses
Business
Nairobi coworking space earns Africa's first health and wellbeing rating