WorldPosted at: Sep 17 2026 6:21PM


World Bank Group mobilises record USD 112 bn private capital for developing economies in FY26

Washington, Sep 17 (UNI) The World Bank Group mobilised a record USD 112 billion in private capital for developing economies in fiscal year 2026, more than tripling the amount mobilised four years ago, as it stepped up efforts to channel private investment into job creation and economic opportunities.
Private capital mobilisation (PCM) by the World Bank Group rose from USD 35 billion in FY22 to USD 112 billion in FY26, while its own financing combined with mobilised private capital took total financing and mobilisation in developing economies to well over USD 200 billion during the year.
The increase was broad-based across income groups and regions, with mobilisation in lower-middle-income countries rising from USD 14 billion in FY22 to USD 37 billion in FY26, while in upper-middle-income countries it increased from USD 12-50 billion.
In low-income countries, where attracting private capital remains particularly challenging, mobilisation was maintained at around USD 3 billion.
Across Africa, private capital mobilisation increased from around USD 9 billion in FY22 to USD 22 billion in FY26, representing an increase of nearly 150 per cent.
The World Bank Group said the results reflected changes implemented over the past three years to make it faster and simpler to work with the private sector, bring its public and private-sector operations closer together and expand the financing tools available to investors.
The institution has moved towards a more integrated country-level approach, with a single point of contact across its public and private-sector operations and integrated strategies based on individual countries' development needs and priorities.
The Private Sector Investment Lab also helped identify practical barriers to investment in developing economies and formulate measures to address them.
These efforts have included improving business and regulatory environments, expanding guarantees and local-currency financing, addressing foreign-exchange challenges, increasing the availability of equity instruments and developing new ways for institutional investors to participate at scale.
The World Bank Group also issued more than USD 25 billion in guarantees in FY26, surpassing its target of USD 20 billion in annual issuance by 2030 four years ahead of schedule.
The growth in guarantees was led by the World Bank Group Guarantee Platform, established in 2024 to provide clients and investors with a single access point for guarantee products across the institution.
World Bank Group President Ajay Banga said the institution had changed the way it worked following demands from shareholders and clients to mobilise more private capital and become a stronger partner to the private sector.
The USD 112 billion mobilised in FY26, he said, was more than three times the level at which the institution started four years earlier.
Banga said the significance of the mobilisation would ultimately depend on whether the capital reached areas where it could create opportunities and jobs, adding that the focus would be on removing investment barriers, expanding the investor base and directing more capital towards developing economies.
Job creation remains a central focus of the World Bank Group's strategy, particularly as developing economies face a significant gap between the number of young people entering the workforce and the number of jobs expected to be created.
Around 1.2 billion young people in developing economies are expected to reach working age over the next 10 to 15 years, while only about 420 million jobs are projected to be created.
The private sector currently accounts for nine out of every 10 jobs in developing economies, making private investment a critical component of efforts to expand employment opportunities.
The World Bank Group's jobs strategy focuses on three areas -- investment in human and physical infrastructure, business-ready regulatory environments and helping private businesses scale.
It has identified infrastructure and energy, agribusiness, healthcare, tourism and value-added manufacturing as five sectors where these conditions can generate investment and employment at scale.
In FY26, 55 per cent of the World Bank Group's total financing, including its own financing and capital mobilised from private sources, went towards these five job-intensive sectors.
The institution said private investment was also reaching lower-income economies and was not confined to the most accessible markets, with regional and local investors increasingly complementing global capital in financing businesses and supporting job creation.
The World Bank Group is now seeking to broaden the range of investors participating in developing-economy opportunities.
Through its "originate-to-distribute" work, the Group is developing mechanisms to package and distribute investments to institutional investors at greater scale, intending to connect long-term pools of global capital with investment opportunities in developing economies.
The World Bank Group said the broader objective was to mobilise more capital from a wider range of sources and channel it towards businesses, employment and economic opportunities in developing economies. UNI SAS
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