PwC to administer broke Koko Networks, execute recovery plan - News Summed Up

PwC to administer broke Koko Networks, execute recovery plan


Koko Networks employee during a refill service /HANDOUTPricewaterhouseCoopers Limited (PwC)'s Muniu Thoithi and George Weru have taken control of Koko Networks after the Kenyan clean-cooking fuel startup was declared bankrupt. The two are expected to work on a turnaround plan for the the firm that until its closure early last week served 1.3 million low-income households and invested over $300 million in subsidised cooking stoves.


Source: The Star February 05, 2026 15:05 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */