Innovation media Ltd (FMO-67007)

Countries
  • Kenya
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • Netherlands Development Finance Company (FMO)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Borrower
Innovation Media Ltd
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Finance
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 0.02 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Loan Amount (USD)
$ 0.02 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ FMO website

Updated in EWS Oct 27, 2026

Disclosed by Bank Aug 14, 2026

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to bank prpovided information, the funding objective is to support Innovation Media Ltd in hosting the Africa Tech Summit Nairobi 2026 and 2027, bringing together investors, founders, corporates, development finance institutions, and ecosystem leaders who are shaping the growth of Africa's technology and venture capital landscape. The summit aims to facilitate knowledge sharing, relationship building, and ecosystem strengthening through conference sessions, curated networking opportunities, investor and founder meet-ups, and thought leadership activities. The sponsorship will also enable FMO Ventures to actively participate in the event, deepen engagement with key stakeholders, support the dissemination of priority knowledge products, and reinforce its role as a long-term partner in advancing innovation and entrepreneurship across Africa.

This project aligns with the FMO Ventures Program Technical Assistance Facility's goals of building and strengthening entrepreneurial and investment ecosystems across Africa. Africa Tech Summit Nairobi provides a unique platform for FMO to engage with key stakeholders in the African technology, innovation, and venture capital landscape, including fund managers, founders, corporates, development finance institutions, and ecosystem enablers. The summit offers an important opportunity to contribute to market development by facilitating knowledge exchange, fostering collaboration, and supporting stronger connections between entrepreneurs, investors, and other market participants. The event also serves as a strategic platform for FMO Ventures to position itself as a long-term ecosystem partner and knowledge contributor, showcasing its work in market creation, venture capital ecosystem development, and support to entrepreneurs across emerging markets. Many of FMO Ventures' existing and prospective ecosystem partners are expected to participate, creating valuable opportunities to deepen relationships, generate new partnerships, and convene relevant stakeholders around shared opportunities and challenges facing the African innovation ecosystem. Through sponsorship and active participation, FMO Ventures will be able to amplify its thought leadership, promote key market insights and knowledge products, and strengthen its visibility within one of Africa's leading technology and investment convenings. Africa Tech Summit Nairobi is a flagship ecosystem event that brings together a diverse set of actors from across the continent and beyond, and FMO Ventures' participation helps ensure meaningful engagement, increased ecosystem connectivity, and continued contribution to the growth and maturation of Africa's entrepreneurial and venture capital landscape.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

The contracting party is Innovation Media Ltd, the organizer delivering Africa Tech Summit Nairobi and a range of other events which supports African entrepreneurs and investors.


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

*Contact information not provided at the time of disclosure*

ACCESS TO INFORMATION

As part of FMO's ex-ante disclosure (disclosure of transactions before contracting), you can send requests or questions for additional information to: disclosure@fmo.nl

ACCOUNTABILITY MECHANISM OF FMO

Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW). A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/independent-complaints-mechanism

How it works

How it works