Koko Networks (UK) Limited - in administration
Koko Networks (UK) Limited - in administration (“the Company”)
Rachael Wilkinson, Adam Seres and Toby Banfield of PwC have been appointed Joint Administrators (“the Administrators”) of Koko Networks (UK) Limited (the Company) on 19 February 2026.
The Company is the UK subsidiary of Koko Networks Limited Mauritius LLC (KNL). The Group’s Kenyan operations, Koko Networks Limited ("KNK") and Koko Networks Global Services (Kenya) Limited were formally placed into an insolvency process in Kenya on 1 February 2026.
The Group is a climate technology organisation focused on accelerating Africa's energy transition by providing affordable, clean bioethanol cooking fuel to replace traditional charcoal and kerosene. The Group’s operations in Kenya generated carbon credits, which were then transferred to the Company to be sold on the compliance market generating funds to subsidise the Group’s wider operations.
The Kenyan government has not granted KNK a licence to continue trading these carbon credits on the compliance market, which meant that the Company was unable to sell its existing carbon credits or any new carbon credits generated.
Regrettably, as a result the Company was unable to continue to operate and therefore has been placed into an administration process. A small number of employees have been retained to support essential wind‑down activities, while eight have sadly been made redundant upon appointment.
All queries should be directed to uk_koko_queries@pwc.com
Rachael Maria Wilkinson, Adam Seres and Mark James Tobias Banfield have been appointed as Joint Administrators of Koko Networks (UK) Limited to manage its affairs, business and property as their agents and act without personal liability. All are licensed in the United Kingdom to act as insolvency practitioners by the Institute of Chartered Accountants in England and Wales. The Joint Administrators are bound by the Insolvency Code of Ethics which can be found at: https://www.gov.uk/government/publications/insolvency-practitioner-code-of-ethics.
The Joint Administrators may act as controllers of personal data as defined by UK data protection law depending upon the specific processing activities undertaken. PricewaterhouseCoopers LLP may act as a processor on the instructions of the Joint Administrators. Personal data will be kept secure and processed only for matters relating to the Joint Administrators’ appointment. Further details are available in the privacy statement on the PwC.co.uk website or by contacting the Joint Administrators.
