KOKO passes 300,000 household subscribers milestone for ethanol cooking fuel
KOKO Fuel was launched to the market in late 2019 and has battled major supply-side and market disruptions since the outbreak of COVID-19. Despite this, we are on track for 450% growth in our household subscriber base during 2021 – a testament to the incredibly strong execution of our 1,000+ staff across Kenya and India.
KOKO Fuel is ultra-clean renewable bioethanol that is available from a dense Network of KOKO Fuel ATMs inside local shops a short walk from all homes.
Customers can purchase fuel in the small daily quantities that are often preferred in the informal sector, while KOKO Agents add a profitable new line of business.
In November, Mombasa (Kenya’s second largest city) saw the first Network launch outside Kenya’s capital, with very strong market traction so far.
Category: Fuels