Safaricom Unveils 10 Startups for Spark Accelerator Cohort II
Safaricom names 10 startups for the second Spark Accelerator cohort, offering mentorship, funding, and market access to scale..
✨ Key Highlights
Safaricom has announced the 10 startups selected for the second cohort of its Spark Accelerator Program. This initiative, in partnership with M-PESA Africa and Sumitomo Corporation, aims to foster innovation and growth in commercially viable tech startups.
- The selected startups include Mediakits.Io, WePlay Arcade, GoPay, FlexPay, QuePay, Leta.AI, Oye, DigiTax, Incourage Insurance Agency Limited, and StockApp.
- The three-month acceleration program begins in October 2025 and focuses on mentorship, technical support, and corporate market access.
- Safaricom CEO Peter Ndegwa stated the program's goal is to "nurture, grow and scale commercially viable tech start-ups that drive positive societal impact."
- The startups operate in key sectors for Africa: Embedded Finance, Creative Economy, Future Fintech, and SME Productivity Tools.
- A Demo Day in February 2026 will allow participants to pitch to investors, followed by nine to twelve months of post-acceleration support.
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Safaricom Selects Startups & Mombasa Partners with Bolt Amid Report on Youth Protests - October 2025
Safaricom announced the 10 startups selected for the second cohort of its Spark Accelerator Program, an initiative with M-PESA Africa and Sumitomo Corporation to foster growth in tech startups. Separately, the Mombasa County Government has partnered with ride-hailing company Bolt to create employment opportunities for youth and enhance safety in the mobility sector. These developments occur as a new Statista report reveals that Kenya is one of 10 countries to experience large-scale, youth-led protests in 2024 and 2025. The report notes that young people are protesting against issues including economic exclusion, corruption, and political mismanagement, using social media to organize.
