Safaricom spark venture fund, The fund is located in Nairobi, Kenya

Safaricom spark venture fund, This was a USD 1 million fund that supported the successful development and growth of high potential mobile tech startups in Kenya through a combination of investment, business development support, and technical assistance leveraging on The Spark Accelerator is a collaborative initiative by Safaricom, M-PESA Africa, and Sumitomo Corporation and Implemented By iHub LTD. The Fund is a venture capital fund that aims to support the successful development and growth of high potential mobile tech start-ups in Kenya through a combination of investment, business development support and technical assistance leveraging on Safaricom’s unique capabilities, assets and market positioning. The program is committed to fostering transformative growth within Kenya’s tech ecosystem by supporting early-stage start-ups. It is a platform designed to empower bold and visionary founders of early-stage startups to grow and scale their businesses. Mar 26, 2025 · Safaricom first launched the Spark Venture Fund back in 2014, to invest and support late-seed, early growth stage companies with a presence in Kenya, whilst leveraging Safaricom assets to enable the companies to scale. May 31, 2024 · The Spark accelerator program was born from the restructure of the Spark Fund after the nod of Safaricom shareholders last year. Safaricom Launches Start-Up Loans Through Venture Fund 💡 Safaricom has introduced start-up loans through its Safaricom Spark Venture Fund, a pioneering initiative designed to support tech . These subsidiaries will be tasked with identifying and investing in tech startups in Kenya. The telco Feb 20, 2026 · We’ve learned that our understanding of you—your challenges, interests, and goals—is an important element in achieving this. This is part of its initiative to invest in star The Spark Accelerator program was launched last year following the restructuring of Safaricom’s Spark Venture Fund. Safaricom will start offering loans to start-ups via its venture Learn about Safaricom's Spark Venture Fund and how it supports Kenyan startups using technology to address societal challenges. Sep 8, 2017 · General Information Description Spark Venture Fund is an early-stage venture capital fund managed by Safaricom. In 2014, Safaricom started the first Corporate Venture Fund in East Africa – the Spark Venture Fund. The US$1 million fund made six investments. Safaricom has revealed a plan to enter the venture capital game by setting up two new subsidiaries. Jul 14, 2023 · Safaricom already has an investment arm, Spark Venture Fund, which has invested in several local startups. The Spark Accelerator is a collaborative initiative by Safaricom, M-PESA Africa, and Sumitomo Corporation and Implemented By iHub LTD. However, there are plans to open additional programs that could complement the Fund. The fund is located in Nairobi, Kenya. Aug 25, 2020 · Safaricom’s Spark Fund has allocated Ksh 540 million ($5m) to fund local tech startups in the country.


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