Clean Energy Startup Koko Networks Collapses in Kenya
- Koko Networks has abruptly ceased operations in Kenya.
- Over 700 employees have lost their jobs due to the shutdown.
- Hundreds of thousands of low-income households are now without a primary source of clean energy.
The abrupt closure of Koko Networks raises significant concerns about the sustainability of green energy initiatives in volatile markets. It underscores the need for stable regulatory frameworks to support innovative business models that aim to provide affordable and sustainable energy solutions.
