KOKO Networks to hold first creditors’ meeting after Kenya exit
A notice filed under the Insolvency Act shows the virtual meeting will allow creditors to review proposals from joint administrators and validate claims ahead of a vote on whether the firm will be restructured or liquidated. Kenya breaking news | Kenya news today |..
✨ Key Highlights
KOKO Networks is holding its first creditors' meeting on April 10, 2026, following its exit from the Kenyan market earlier this year.
- The meeting is to decide the future of the company, whether restructuring or liquidation.
- The company KOKO Networks, which operated a bioethanol clean cooking fuel network, faced financial difficulties and ceased operations in February.
- Factors contributing to its collapse include high operating costs, currency challenges, and regulatory issues with its carbon credit model.
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