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moves money TechCabal July 08, 2026

Koko Networks administrators begin sale of collapsed clean cooking startup’s assets

AI Summary

Administrators have begun marketing the assets of Koko Networks, the clean cooking startup that served more than one million Kenyan households, in the first major step toward winding down the company after its collapse in January. The sale advances Koko’s insolvency after the company shut down operations and laid off more than 700 employees when the Kenyan government declined to approve a Letter of Authorisation needed to unlock carbon credit revenues. Administrators are seeking buyers capable o

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