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The World Bank Group mobilised $22 billion in private capital for Africa in fiscal year 2026, which ended in June, representing an increase of nearly 150% compared with approximately $9 billion recorded in 2022.
The figures were released by the World Bank Group, which highlighted significant growth in private investment mobilised to support projects and developing economies across the African continent.
“Across Africa, private capital mobilisation increased from approximately $9 billion to $22 billion, an increase of nearly 150%,” the institution said.
Globally, the World Bank Group mobilised $112 billion in private capital in fiscal year 2026, the highest amount ever recorded by the institution.
According to the World Bank, the result reflects its strategy of combining its own resources with private-sector investment, particularly in areas considered essential for economic development.
“The World Bank Group mobilised more private capital in fiscal year 2026 than in any other year in its history,” the institution said.
Over the past four years, the amount of private capital mobilised by the group has more than tripled, rising from $35 billion in 2022 to $112 billion in 2026.
When combined with the World Bank Group’s own financing, total financing and mobilisation for developing economies exceeded $200 billion in the latest fiscal year.
The institution attributes the growth to a series of reforms introduced in recent years, including the creation of a single point of contact in each country and the strengthening of instruments designed to reduce risks and attract private investors.
The World Bank Group includes several international financial institutions, including the International Bank for Reconstruction and Development, the International Development Association, the International Finance Corporation and the Multilateral Investment Guarantee Agency.
The announcement comes as the World Bank seeks to increase private-sector participation in financing development projects in Africa and other emerging economies.
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