Creditors of KOKO Networks Limited and Koko Networks Global Services (Kenya) Limited have been given 14 days to submit their claims following the commencement of insolvency proceedings under the Insolvency Act, 2015.
The two companies have been placed under administration after the appointment of joint administrators by their directors.
According to a formal notice, Messrs Muniu Thoithi and George Weru of PricewaterhouseCoopers Limited were appointed as the Joint Administrators of Koko Networks Limited and KOKO Networks Global Services (Kenya) Limited on 1 February 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 the Koko notice in part.
Following the appointment, the administrators assumed full authority over the companies.
“With their appointment, the Administrators have taken over control and management of the assets and affairs of the Companies,” the notice stated.
KOKO Networks Creditors’ Claims and Contact Details
KOKO Creditors have been formally invited to lodge their claims.
“The Administrators request anyone with a claim against the Companies to submit it to them within the next 14 days from the date of this notice, for inclusion in the Companies’ rolls of creditors,” the notice stated.
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Additionally, the notice also clarified that the appointed Joint Administrators act on behalf of the Companies without any personal liability.
According to the notice, all correspondence relating to the administration should be addressed to the Joint Administrators of KOKO Networks Limited (In Administration) and KOKO Networks Global Services (Kenya) Limited (In Administration), c/o P O Box 43963 – 00100, Nairobi, Kenya, or via email at [email protected].
Objective of the Administration Process
The administration proceedings are being carried out within the framework set out in the Insolvency Act.
In the notice, KOKO outlined the purpose of the process, stating that the primary objective of administration proceedings under the Insolvency Act is to allow Administrators, licensed insolvency practitioners, to explore ways of rescuing the company as a going concern where feasible.
Additionally, it stated that where rescue as a going concern is not achievable, the administration process is intended to focus on creditor outcomes with the alternative objective of achieving a better outcome for the creditors of the company than would be in the case of liquidation.
Also Read: Kenyan Households Affected as KOKO Networks Shuts Down Operations
About Koko Networks
KOKO Gas is a product of KOKO Networks, a Nairobi-headquartered climate-tech company founded in 2014.
The firm focuses on replacing charcoal and kerosene, fuels linked to deforestation and indoor air pollution, with renewable bioethanol.
Since its commercial launch in July 2019, the company has grown from 40,000 users to over 1.3 million households across Kenya, supported by a network of more than 3,000 KOKO point fuel ATMs in low-income neighbourhoods.
In June 2018, the networks signed a landmark partnership with Vivo Energy Kenya, the distributor of Shell-branded fuels across the country.
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