Multinational bioethanol company KOKO Networks Limited has entered administration and is directing Kenyan creditors to file unpaid claims by April 8, 2026, ahead of a virtual creditors' meeting on April 10, 2026.

• The company cited financial strain linked to a dispute over the authorisation of carbon credit sales as the reason for its exit from the Kenyan market.
• KOKO Networks, valued at Ksh22 billion, supplied bioethanol fuel and smart cookstoves, generating carbon credits to subsidise clean cooking fuel.
• The decision to appoint administrators follows the alleged refusal by President William Ruto's administration to issue a required letter of authorisation for international carbon credit sales.