World Bank mobilises record private capital for developing countries

The World Bank Group mobilised a record US$112 billion in private capital for developing countries in fiscal year 2026, more than three times the amount mobilised four years earlier, according to a World Bank press release.
Private capital mobilisation (PCM) increased from $35 billion in FY22 to $112 billion in FY26. Combined with the Group’s own financing, total financing and mobilisation in developing economies exceeded $200 billion during the fiscal year.
The increase was recorded across different income groups. PCM for lower-middle-income countries rose from $14 billion to $37 billion, while mobilisation for upper-middle-income countries increased from $12 billion to $50 billion. In low-income countries, PCM remained at about $3 billion.
Across Africa, private capital mobilisation increased from approximately $9 billion in FY22 to $22 billion in FY26, representing an increase of nearly 150%.
The World Bank Group also issued more than $25 billion in guarantees, surpassing its goal of $20 billion in annual issuance by 2030 four years ahead of schedule. The growth was supported by the World Bank Group Guarantee Platform, established in 2024 to provide clients and investors with simpler access to guarantee products.
World Bank Group President Ajay Banga said the increased mobilisation is intended to direct more capital toward developing economies and expand opportunities for jobs and investment.
Job creation is a central priority for the World Bank Group. The institution estimates that 1.2 billion young people in developing economies will reach working age over the next 10 to 15 years, while only about 420 million jobs are projected to be created.
The private sector accounts for nine out of 10 jobs in developing economies, the World Bank said.
In FY26, 55% of total financing-including the Group’s own financing and mobilised capital-went to five job-rich sectors: infrastructure and energy, agribusiness, healthcare, tourism and value-added manufacturing.
The World Bank Group said it will continue working to expand the pool of investors and connect institutional investors with investment opportunities in developing economies.