KOKO Networks is a venture-backed technology company operating in East Africa and India. We build and deploy dense Networks of cloud-connected "KOKOpoints" inside local corner stores, which serve as consumer access points for goods and services delivered in partnership with major suppliers.
Consumers: safely access clean fuel, e-commerce and video content within a short walk of their homes.
Retailers: differentiate their shops, increase revenues and boost recurring footfall.
Consumer Goods Suppliers: reach target customers with unprecedented insight, efficiency and control.
Our first consumer solution is a liquid ethanol cooking fuel, which delivers significant cost savings and quality of life improvements in the multi-billion dollar market for urban cooking fuel. This fuels solution is delivered through a Kenyan operating partnership with Vivo Energy, the company which owns and operates Shell-branded fuels distribution infrastructure across Africa.
The first consumer product available through KOKOpoints is a modern clean cooking fuel solution which solves major pain points for 250 million consumers within the $20 billion market for urban African cooking fuel.Visit smartcook consumer website
KOKO Agents are established local entrepreneurs, running bricks-and-mortar mini-marts and convenience stores close to the community. Our retail partners are franchisees, partnering with KOKO to add a profitable new line of business.SEE KOKO BLOG: WHO ARE KOKO AGENTS?
KOKO’s technology suite enables a new liquid fuel to be added to the existing downstream fuels infrastructure of major fuel companies. Our cloud, mobile, FinTech and IoT technologies enable complete visibility and control across the fuel supply chain.KOKO & VIVO ENERGY ANNOUNCE KENYA OPERATING PARTNERSHIP
KOKO's founders begin researching the $12 billion retail market for charcoal cooking fuel in Africa’s 40 largest cities.
KOKO's founders establish CleanStar Mozambique (later called NDZiLO) and secure strategic co-investment to develop a commercial “Proof-of-Concept” for ethanol cooking.
NDZiLO closes award-winning climate finance deal with Bank of America Merrill Lynch in relation to switching consumers from charcoal to ethanol cooking fuel.
NDZiLO commissions pilot ethanol cooking fuel plant that uses feedstock supplied by thousands of smallholder farmers in central Mozambique.
Over 10% of Maputo households adopt NDZiLO’s cooking fuel solution, benefiting more than 200,000 people.
UN Clean Development Mechanism validates carbon emissions reduction from using NDZiLO exceeds 5 tons of CO2e per household per year.
KOKO's founders begin researching consumer marketing, distribution, and operations management technologies that can help companies like NDZiLO break into the mass market more quickly and efficiently.
KOKO's founders relocate to Kampala and Nairobi to develop a new technology platform for launching innovative solutions (including ethanol cooking) to the mass market.
KOKO Networks entities established.
Initial KOKO prototypes designed and deployed with pilot customers in Kampala and Nairobi.
KOKO raises external capital from US and EU family offices.
Refined KOKO prototypes (including KOKO mobile app, KOKOpoint system, cloud software and consumer hardware) deployed with pilot customers in Kampala and Nairobi.
KOKO raises additional capital from family offices, tech investors and institutional investors in the EU, the UK, North America and the Middle East.
Experienced Kenyan executives join KOKO to prepare for Nairobi launch.
Business development discussions underway for expanding services on KOKO platform and entering new African cities.