Nairobi, Kenya
KOKO Networks, founded in 2015, is a venture-backed technology company aiming to meet the evolving needs of urban populations in the world's fastest-growing cities. Headquartered in Kenya, KOKO operates primarily in East Africa and India, strategically deploying a network of cloud-connected KOKOpoints inside local corner stores. These serve as consumer access points for goods and services, crafted in partnership with major suppliers.
The company's flagship offering is a liquid ethanol cooking fuel that presents significant advantages in cost efficiency and quality of life, tapping into the multi-billion-dollar market for urban cooking fuel. This innovative fuel solution is delivered in partnership with Vivo Energy, leveraging Shell-branded distribution networks across Africa.
KOKO Networks made headlines with its latest financial milestone—a Debt Financing investment secured on January 10, 2024, with Rand Merchant Bank as the key investor. This backing underscores the company's potential in transforming urban infrastructure across developing markets.
