September 3

Kenyan MNO Safaricom Launches 2nd Edition of Spark Venture Fund, Ups Size To $6 Million

By Tom Jackson

Leading Kenyan mobile network operator (MNO) Safaricom has announced the second edition of its Spark Venture Fund, which will invest a total of US$6 million in several innovative Kenyan tech startups.

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.

Photo courtesy of Pixabay.

Source: Disrupt Africa (link opens in a new window)

impact investing, scale, startups