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Copia Kenya Ordered Into Liquidation After Two-Year Rescue Effort

Kevin Ngugi by Kevin Ngugi
September 30, 2026
in News
Reading Time: 4 mins read
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Copia Global

Copia Kenya is being wound up after the High Court ordered the e-commerce company into liquidation, ending a more than two-year attempt to rescue the business.

The court’s order moves Copia from administration, where the focus was on keeping the company alive or finding a way to restructure it, to liquidation, where its remaining assets and liabilities will be dealt with and the company eventually closed.

The order follows a rescue effort that began in May 2024 after Copia failed to secure fresh funding.

READ: Jobless in Kenya: Copia Staff Officially Receive Termination Letters

How Copia Got Here

YearWhat Happened
2013Copia launches in Kenya, targeting rural and peri-urban consumers through a network of local agents.
2018 – 2022The company expands its Kenyan operations and raises more than $120 million from investors.
2022Copia expands into Uganda, but the operation is later closed.
2023Copia cuts hundreds of jobs and scales back its expansion as funding conditions tighten.
December 2023The company raises a further $20 million extension, but this does not resolve its longer-term funding needs.
May 2024Copia fails to secure further funding. Copia Kenya enters administration and more than 1,000 jobs are put at risk.
May 29, 2024Orders stop in Meru, Embu, Kericho, Eldoret, Machakos and Naivasha as administrators cut costs.
2024 – 2026Administrators pursue a turnaround, asset sales, debt collection and efforts to raise or recover value from the business.
April 2026The High Court extends the administrators’ term by six months while they work on outstanding asset sales, debt collection and tax matters.
September 2026The High Court orders Copia Kenya into liquidation, ending the rescue effort.

What Copia Was Offering

Copia targeted consumers who were less likely to shop through conventional e-commerce and built its business around reaching them with formal retail.

Local agents served as ordering and collection points. A customer could use Copia’s platform, including mobile-based channels, to buy everyday products, with the agent helping connect the order to Copia’s distribution network.

At its peak, Copia had about 1,800 employees and more than 50,000 agents across Kenya and Uganda.

That network was central to the company’s proposition. Instead of asking customers to come online entirely on their own, Copia brought the retail service closer to them.

Copia had to carry the cost of inventory, warehouses, technology, agents, and deliveries while reaching customers spread across a large geographical area.

The company raised about $123 million across eight funding rounds but never reached a point where the business could cover those costs on its own. It still relied on fresh capital to keep the operation running.

Why the Copia Rescue Fell Through

Copia’s Kenyan business struggled because the cost of delivering to customers spread across the country was higher than the revenue from their small orders.

By 2024 the company was short of cash, while its parent, Copia Global, could not find anyone willing to put in new money on terms it could accept.

READ: Copia Shuts Down Uganda Operations

In May 2024, Copia Kenya went into administration, with outside administrators taking charge and trying to cut costs, raise money, and keep the business alive.

They stopped taking orders in six towns and cut jobs, but the company still could not earn enough to pay its way, and the search for new money or a buyer went nowhere.

READ: Copia Founders Launch New Ventures Just Months After Collapse

By 2026 the aim was no longer to rebuild Copia but to collect whatever could be recovered from what it owned and what it was owed, and the High Court extended the administration to give that work more time.

With no rescue in sight, the court ordered Copia Kenya into liquidation in September 2026, closing the company for good and leaving its remaining assets to be sold to pay creditors.

Tags: CopiaE-CommerceKenyaStartups
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Kevin Ngugi

Kevin Ngugi

A serial online rambler with an eye for spotting trends and the stories behind the headlines. Just give him enough coffee and a fully charged phone. Contact him on mail via: [email protected]

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