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KOKO Aims to Replace Charcoal in $47 Billion Cooking Fuel Market

  • Startup plans to sell ethanol-powered stoves across the world
  • Company has manufacturing hub in India, sells in Kenya
A KOKO Networks fuel distribution truck.
A KOKO Networks fuel distribution truck.Source: KOKO Networks

KOKO Networks, a startup targeting sub-Saharan Africa’s $47 billion cooking-fuel market, plans to expand its ethanol stove manufacturing capacity 10-fold and then grow globally.

The company manufactures its stoves in India and sells them, as well as the fuel they use, in Kenya. KOKO plans to scale up the use of ethanol fuel -- in Africa, Southeast Asia and Latin America -- as an alternative to charcoal, which can cause respiratory disease.