World Bank Group Secures $22 Billion for Africa Investments

The World Bank Group announced it mobilised approximately $22 billion in private capital for Africa during its 2026 fiscal year, a substantial increase from about $9 billion four years earlier. This growth, nearly 150 percent since fiscal 2022, is part of a record $112 billion in private capital mobilised globally by the World Bank Group in the same year, the highest annual amount in its history.

The increase is crucial as African governments face challenges in creating jobs for a rapidly growing young population while addressing infrastructure gaps and limited access to finance. The World Bank Group is focusing on using its financing, guarantees, and technical expertise to attract more private investors into developing economies.

Total financing and mobilisation in developing economies exceeded $200 billion in fiscal 2026. The Group also noted that private capital mobilisation in lower-middle-income countries rose from $14 billion in fiscal 2022 to $37 billion in fiscal 2026, while upper-middle-income countries saw an increase from $12 billion to $50 billion.