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.
