KOKO Networks Placed Under Administration Amid Dispute With Govt

KOKO Networks Limited and its Kenyan subsidiary, KOKO Networks Global Services (Kenya) Limited, have been placed under administration, with PricewaterhouseCoopers (PwC) appointed to take over the management of the companies.

In a notice dated Wednesday, February 4, 2026, issued under the Insolvency Act, 2015, PwC partners Muniu Thoithi and George Weru were appointed joint administrators on February 1, 2026.

“Notice is hereby given that Messrs Muniu Thoithi and George Weru of PricewaterhouseCoopers Limited were appointed the Joint Administrators (the ‘Administrators’) of Koko Networks Limited (‘KNK’) and Koko Networks Global Services (Kenya) Limited (‘KNGS’) (together, ‘the Companies’) on 1 February 2026 by the Directors of the Companies,” read part of the notice.

KOKO Networks Placed Under Administration

The notice stated that the administrators have assumed full control of the companies’ assets and affairs as they explore options to rescue the businesses as going concerns or secure a better outcome for creditors than liquidation.

“All matters, operational or otherwise, relating to the affairs of the companies will now be handled by the administrators or their authorised representatives,” the notice added.

The notice further stated that creditors of the companies have been given 14 days from the date of the notice to submit their claims for inclusion in the companies’ rolls of creditors. The administrators stressed that they act on behalf of the companies and do not bear personal liability.

Also Read: Cooking Fuel Firm KOKO to Officially Shut Down Operations in Kenya

All correspondence regarding the administration is to be addressed to the joint administrators at PwC Kenya, P.O. Box 43963-00100, Nairobi, or via email at ke_knk_administrators@pwc.com.

The administration move comes amid a dispute between Koko Networks and the government over regulatory approvals linked to the company’s business model. Koko’s operations relied in part on carbon credits generated from the distribution of clean-cooking bioethanol to households, a revenue stream that required government authorisation. Delays and disagreements over these approvals have been cited as a major challenge to the firm’s sustainability.

Without the carbon revenue, the company could no longer sustain its subsidised pricing, which allowed fuel to be sold at roughly 50% of the market cost, leading the company to commence insolvency proceedings.

Also Read: Kenyan Oil Firm Metro Petroleum Faces Possible Shutdown

About the Clean Energy Company

Koko Networks Limited is a Kenyan company specialising in technology and clean energy, dedicated to offering affordable and sustainable cooking fuel to homes.

The company’s primary product is bioethanol fuel, which is provided at subsidised prices to replace conventional charcoal and kerosene, thereby reducing indoor air pollution and carbon emissions.

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A Kenyan household using KOKO gas. PHOTO/KOKO