Clean fuel, digital infrastructure, and carbon credits for and from Africa

KOKO Networks develops technology for life in the world's fastest-growing cities. Based in Nairobi, with over 1,300 employees across East Africa and India, KOKO operates at the crossroads of energy, climate, retail, and digital media.

Its flagship platform, KOKO Fuel, replaces charcoal with bio-ethanol cooking fuel distributed through a smart network of kiosks and cloud-connected stoves. This solution reduces household expenses, protects forests, enhances air quality, and unlocks new carbon revenues.

In addition to fuel, KOKO Climate generates high-credibility carbon credits, while KOKO Media and KOKO Retail utilize its distribution and data platforms for targeted consumer engagement.

KOKO Networks replaces charcoal with intelligent ethanol fuel systems, revolutionizing household energy while creating carbon revenues and consumer data streams.

• Scale & Reach: Expanding household base across Nairobi, Kisumu, and other urban areas; scalable to new markets in Africa & Asia.

• Technology Edge: Cloud-connected stoves and IoT-enabled distribution kiosks provide real-time data and fuel management.
• Carbon Advantage: High-credibility carbon credits recognized by global buyers.
• Diversification: Media & retail services offer additional revenue streams, reducing risks related to the energy core.
• Team & Governance: A multidisciplinary team across hardware, software, and finance; acknowledged by Bloomberg and FT for climate leadership.

1. Deforestation: Prevents forest loss due to charcoal harvesting.
2. Air Pollution: Reduces household indoor air toxins that lead to respiratory illnesses.
3. Household Economics: Provides clean fuel that competes on cost with charcoal.
4. Carbon Finance: Generates verified, high-value carbon credits for global markets.
5. Distribution Gaps: KOKO kiosks ensure reliable last-mile access in dense urban areas.

AKOKO exemplifies Almiras’s principle of targeting high hanging fruit this is seen in the development of an industry where infrastructure, regulation, and consumer behaviour all required transformation.

Macro Fit: Aligns with global decarbonization and urbanization trends in Africa.

Micro Fit: Defensible through proprietary kiosks, IoT systems, and carbon revenue streams.

Management Fit: A strong team with extensive expertise in energy, retail, and finance.

Portfolio Synergy: Strengthens Almiras’s climate tech focus by delivering measurable carbon impact and tangible revenue streams, diversifying beyond Saudi based assets.