World Bank mobilises record private capital for developing nations
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The World Bank Group channeled a record $112 billion in private capital to developing economies in 2026, exceeding its previous amount from 2022 by more than threefold and bringing total financing to over $200 billion.
The increase resulted from changes the bank made to streamline operations and improve collaboration between its public and private sector divisions.
Lower-middle-income countries received $37 billion in private capital, a rise from $14 billion in 2022, while upper-middle-income countries saw an increase from $12 billion to $50 billion over the same period. Africa experienced particularly significant growth, attracting $22 billion in private capital in 2026, nearly 150 percent more than the $9 billion it received in 2022.
The World Bank Group expanded guarantees and local-currency financing to achieve these results, and also worked to address issues with foreign exchange and develop new investment structures. World Bank Group President Ajay Banga stated the institution responded to requests from shareholders and clients to better utilize its resources and attract private investment. The bank also issued over $25 billion in guarantees, surpassing its 2030 target ahead of schedule.
The institution believes that increased private investment is vital, as 1.2 billion young people in developing economies will enter the workforce in the next 10 to 15 years, while only 420 million jobs are projected to be available.
