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Elijah Ntongai, a journalist at TUKO.co.ke, has more than three years of financial, business, and technology research expertise, providing insights into Kenyan and global trends.
Safaricom has unveiled the inaugural cohort of its Spark Accelerator Program, which will support nine early-stage startups.
This initiative will provide the selected startups with comprehensive training, mentorship, and go-to-market assistance, including access to markets, capital, technology, and product development support.
The Accelerator program, launched last year in partnership with M-Pesa Africa and Sumitomo Corporation, follows the restructuring of Safaricom’s Spark Venture Fund.
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It aims to accelerate product innovation and enable startups to grow and scale their businesses.
Speaking during the event, Safaricom CEO Peter Ndegwa said, “Leveraging technology to drive meaningful innovation is a strong premise under which the Spark Accelerator program was founded. By supporting and investing in these tech-enabled startups, we aim to drive significant societal change and economic growth.”
The first cohort of the Spark Accelerator Program includes:
Through this initiative, Safaricom aims to empower these startups to create impactful solutions that drive economic growth and societal transformation.
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Safaricom, M-Pesa Africa and Sumitomo Corporation unveil startups for the Spark Accelerator Programme.
Safaricom, M-PESA Announce 9 Companies Selected to Receive Training in
Safaricom, M-PESA Africa, and Sumitomo Corporation Launch Accelerator