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Victoria from Techpoint,
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KOKO creditors face a 14-day deadline
Kenyan clean-cooking startup KOKO Networks has now officially entered administration, with joint administrators from PricewaterhouseCoopers (PwC) taking control of the company and its Kenyan arm. Creditors have been given 14 days from the notice date to file claims so they can be counted in the insolvency process. The move follows the directors’ decision last week to appoint administrators as the company wound down operations.
PwC’s appointed…