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After Koko’s collapse, Circle Gas faces Kenya’s carbon-credit test
Circle Gas, the UK parent of Kenyan pay-as-you-cook liquefied petroleum gas (LPG) supplier M-Gas, reported $67 million in contracted carbon credits awaiting delivery and $57 million in cash prepayments in 2025, according to its financial statements. The company’s dependence on carbon-credit revenue exposes the…
TechCabalBy Kenn Abuya
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Read at TechCabal →Original headline: “After Koko’s collapse, Circle Gas faces Kenya’s carbon-credit test”
- Startups
- Carbon credits
- Circle Gas
- Koko Networks
- M-Gas