">
TechMoran
  • About Us
  • Deals
  • Jobs
  • Motoring
    • Money
  • Pitch Your Startup
  • Submit Your Post
  • Freelance Gigs
  • Travel
  • Men’s Corner
  • Dating
Monday, January 25, 2021
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition
No Result
View All Result
TechMoran
">
Home Tech

KOKO launches platform to connect suppliers, retailers and consumers in African cities

Milcah Lukhanyu by Milcah Lukhanyu
4 years ago
in Tech
8 min read
0

KOKO Networks has launched  cloud-connected e-commerce kiosks dubbed KOKO points – located inside neighborhood shops in target cities with interactive touchscreens to enable mass-market consumers learn about, purchase, and take delivery of a wider range of products and services than is typically available from such shops.

KOKO says its cloud-based systems securely handle all payment and supply chain management functions, ensuring the seamless movement of money and goods between suppliers, shopkeepers and customers. The firm’s first product on offer is the SmartCook, a modern cooking solution that competes with traditional cooking fuels on cost, safety and convenience.

According to Greg Murray, co-founder and CEO of KOKO Networks, “KOKO Networks is focused on improving life for everyone in Africa’s cities. Our platform enables mass-market consumers, shopkeepers and suppliers to transact with greater speed, efficiency and insight than ever before. This is the future of commerce in urban Africa: smart, local and social.”
KOKO platform delivers unique benefits to each player in the commerce chain: deeper market reach for suppliers and service providers; unprecedented convenience, value and choice for mass-market consumers; and vital growth opportunities for neighbourhood shopkeepers, who have significant influence over local consumer demand, but struggle with merchandising, inventory management, and competitive differentiation.

KOKO points are franchised to carefully-selected shopkeepers who, in return for paying KOKO a franchise fee, can immediately diversify their product range and boost footfall. These KOKO Agents encourage their existing clientele to start using KOKOpoints to order consumer goods and services that are otherwise inaccessible in the local market.

READ  Approximately 3.7M of the world’s 10.5M mobile industry jobs are in Sub-Saharan Africa

Customers pay electronically for their purchases – via mobile money, or through a range of payment options arranged with third-party lenders. Once an order is placed, KOKO’s systems ensure that delivery from the supplier to the local shop is completed in less than 24 hours. Customers then pick up their KOKO package at their convenience from the shop location, using a unique digital code sent to their phone.

The first consumer offering on the KOKO platform is SmartCook® – an innovative cooking solution that consists of a modern 2-burner stove and a reusable smart fuel canister that can be docked and refilled at KOKOpoints, which function like fuel ATMs. SmartCook fuel is made from denatured liquid ethanol, which is produced from molasses, a byproduct of the sugar industry in most parts of Africa.

SmartCook’s stove and canister kit is priced at approximately half the cost of a comparable LPG kit in the Nairobi market. SmartCook fuel is priced to be cost-competitive with other fuels, and cheaper than charcoal or ethanol-gel for most Nairobi households.

Related posts

Toshiba

Chrome Now Helps You Change Weak Passwords

January 23, 2021
0

Top 5 Skills That Modern Software Developers Need to Have

January 22, 2021
0

What Software Developers Need to Know About Burnout

January 22, 2021
0

Which is Better, Leasing or Purchasing Farm Equipment?

January 22, 2021
0

SmartCook customers visit KOKOpoints twice a week on average, and can choose to dispense fuel for one to seven days’ worth of cooking on each visit. While refilling, KOKOpoints display targeted video ads, incentivised surveys, or promotional offers for SmartCook or other brands that have purchased advertising services from KOKO.

READ  Nokia Shines at the Mobile World Congress for its Nokia Lumia 520 and Nokia 105

KOKOpoints contain a wide range of electronic sensors that enable the technical health, fuel inventory levels, video advertising inventory and other data points from across the city to be tracked closely at the KOKO Network Operations Centre. Each unit is tough and installed securely to the wall, with backup power and data network connectivity services housed within the main enclosure.

The SmartCook technology suite contains industry-leading performance and safety innovations. Both KOKO and SmartCook’s patent-pending hardware and software systems are currently produced in partnership with specialised contractors in Kenya and India. Significant expansion of KOKO’s internal team is underway in both locations to support rapid growth in scale of deployment.

More than $400 million per year is spent on domestic cooking in Nairobi alone, much of that on slow, dirty and unsafe fuels. SmartCook’s solution is based on a liquid fuel which is cleaner to burn, safer to store, and cheaper to handle than solid or gaseous fuels. As KOKO expands across Nairobi, every resident will finally have access to a better way to cook.

KOKO is working with both local and international partners to bring more products and services on board the KOKO platform and is also initiating discussions with players who want to establish smart commerce networks in other cities by licensing the entire technology suite that it has launched in Nairobi.

 

T

Readers 3,863

Share

  • Click to share on Telegram (Opens in new window)
  • More
  • Click to share on Tumblr (Opens in new window)
  • Click to print (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Pocket (Opens in new window)

Like this:

Like Loading...

Related

Tags: energy
Milcah Lukhanyu

Milcah Lukhanyu

Milcah Lukhanyu covers daily news briefs at TechMoran. She is the person who will probably read your press release and get the story out of it or totally trash it. Send tips to [email protected]

Related Posts

Toshiba
Tech

Chrome Now Helps You Change Weak Passwords

January 23, 2021
0
Tech

Top 5 Skills That Modern Software Developers Need to Have

January 22, 2021
0
Tech

What Software Developers Need to Know About Burnout

January 22, 2021
0
Tech

Which is Better, Leasing or Purchasing Farm Equipment?

January 22, 2021
0
Tech

Three Kenyan teams excel at the Huawei ICT Competition Global Finals

January 22, 2021
0
Tech

Effective and Reliable Media Transfer

January 22, 2021
0
Health

54gene launches a genome sequencing lab to track infectious and non-communicable diseases prevalent in Nigeria

January 22, 2021
0
Tech

Google’s Project Loon, solar-powered internet balloons discontinued

January 22, 2021
0

https://bit.ly/2VOxuoBhttps://bit.ly/2VOxuoBhttps://bit.ly/2VOxuoB
ADVERTISEMENT

Join our Mailing List

Loading

Recent Posts

Finnfund & Norfund double Starsight’s funding to $20 million for Ghana expansion

January 23, 2021

African tech startup funding passes $700m in 2020 despite COVID-19

January 23, 2021
Toshiba

Chrome Now Helps You Change Weak Passwords

January 23, 2021
Toshiba

Shoppable Ad Formats Are Coming Soon To Youtube

January 23, 2021

Hero MotoCorp Surpasses the Monumental 100M Cumulative Production Milestone

January 23, 2021
">
">

Follow Us

">

There are many sites out there focused on blowing off some steam, from funny entertainment to thrilling experiences like playing online, in some cases online gaming could grant you the chance to win extra money. We came across rocketpot.io while browsing for a good btc casino online and it left us a very good impression with their wide variety of games and crypto offering.

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy

© 2019 Moran Media Group - All rights reserved TechMoran.

No Result
View All Result
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition

© 2019 Moran Media Group - All rights reserved TechMoran.

Login to your account below

Forgotten Password? Sign Up

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
%d bloggers like this: