Nairobi-based biofuel startup Koko Networks plans to expand its business beyond fuel in Kenya’s capital city, Mombasa. The company recently launched in the coastal city of Mombasa, and plans to expand into Nakuru and Kisumu in the first half of 2022. Its goal is to be the first of its kind in the country, and it expects to make more than $1 million this year.
The company will expand into fast-moving consumer goods by launching the Koko Club. The company will create distribution networks in low-income communities, and sell its merchandise directly to customers. The Koko Membership will sell its products through small stores and outlets that act as brokers for bio-ethanol cooking gas. Agents will use a Point of Sale (PoS) system to register customers, collect bio-data, and issue members with electronic cards.
The company’s fuel business has expanded rapidly in just over two years, and the company has recently expanded into the coastal city of Mombasa. It plans to expand into Nakuru and Kisumu by the first half of 2022. While the startup is focused on bioethanol, the company is also investing in consumer goods. It’s currently in the Kenyan capital, but it’s already active in the market in neighboring countries, including the U.S.
Networks has already launched
Kenya’s Koko Networks has already launched a bioethanol fuel and stove business in Nairobi and has plans to enter Mombasa soon. It plans to enter Nakuru and Kisumu in the first half of 2022. Its goal is to become a household staple in each of the three cities. The startup’s expansion plans are largely centered on the needs of low-income households.
The new consumer goods business will focus on a single product: bioethanol gasoline. The company plans to sell bioethanol fuel and stoves through a network of small agent stores. The stores will double as Koko Club agents and will only sell the products to registered members. Its PoS system will be used to register customers. This means bioethanol is a sustainable alternative to cooking fuel, and the company’s supply chain is short.
The company has expanded
The company has expanded beyond Kenya to introduce new consumer products in other parts of the country. The bioethanol fuel business is being sold through dukas, which are currently the company’s agents in Nairobi. However, Koko has plans to expand into Nakuru and Kisumu in the first half of 2022. These stores will provide consumers with products made from bioethanol. The company’s first consumer products will include stoves and bioethanol cooking fuel.
Koko’s bioethanol fuel is a renewable energy fuel that is more environmentally friendly than conventional fossil fuels. The company’s products are sold directly to consumers through its own stores and through agents in low-income neighborhoods. The new product will be a consumer goods retailer that offers the cheapest bioethanol cooking fuel in the market. In addition, the company will also sell consumer goods through dukas in the coastal city of Mombasa.
Selling bioethanol fuel
The company has been selling bioethanol fuel in Nairobi for more than two years and has now expanded to the coastal city of Mombasa. It plans to enter Nakuru and Kisumu in the first half of 2022. Planning to expand into more cities across the country in the near future. The new consumer goods market is a booming market in Kenya.
The new consumer goods business will similar to the bioethanol fuel business that it’s already established. The technology behind bioethanol fuel is a renewable fuel that is derived from palm oil and produce in a plant in India. The company plans to enter more cities outside of Nairobi by 2022. In Nairobi, Koko’s small business is focused on providing bioethanol fuel and stoves to residents of low-income areas.