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PwC Takes Over Koko Networks After Clean-Cooking Startup Enters Administration
The collapse caps nearly two years of worsening financial and operational pressure, including in 2024 when Koko was forced to pivot to more expensive and often insufficient local supply, a shift insiders say squeezed margins and destabilised its fuel logistics.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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African Development Bank and Djibouti Sign Agreements for $80 Million to Strengthen Infrastructure and Food Security
The program aims to improve food security, enhance climate resilience, and support sustainable livelihoods through climate‑smart agriculture, more robust pastoral and agro‑pastoral systems, and economic opportunities for women and youth.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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‘I Can’t Afford Cooking Gas,’ Shutdown of Kenya’s Koko Biofuel Firm Wipes Out Clean Cooking Options
In Nairobi's informal settlements, the closure of Kenyan supplier Koko Networks has left thousands of households without access to clean bioethanol cooking fuel.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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World Bank Supports Central Asia’s First Regional Electricity Market to Boost Energy Security and Affordability
During the REMIT Program’s first phase, the Kyrgyz Republic, Tajikistan, and Uzbekistan, as well as the Central Asian Countries’ Coordinating Dispatch Center (CDC) Energia, will benefit from program grants and concessional financing totaling $143.2 million.
- Categories
- Energy, Investing, Technology
- Region
- Europe & Eurasia
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African Development Bank Approves $16.5 Million Loan to Boost Kenya’s Clean Energy Transition
Beyond expanding generation capacity, the project will deliver affordable, sustainable baseload power to Kenya’s national grid at one of the lowest tariffs in the country, helping to drive down overall electricity costs.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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DEG Provides EUR 30 Million Funding to Africa Go Green Fund to Scale Energy Efficiency and Climate-Friendly Solutions Across Africa
AGG targets the scale-up of commercially viable climate solutions that reduce emissions and improve energy efficiency.
- Region
- Sub-Saharan Africa
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Press Release: IFC Partners with KASIKORNBANK to Expand Sustainable Finance and Drive Job Creation in Thailand
The bond is expected to reduce pollution and improve environmental standards, while creating jobs and supporting innovation across priority sectors.
- Categories
- Investing
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African Development Fund Mobilises a Historic $11 Billion, Marking a New Era of African Ownership and Investment-Led Development
For the first time in the Fund’s history, 23 African countries have made unprecedented contributions to their own concessional financing window.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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