W’Bank mobilises $112bn private capital for developing economies
The World Bank attracted a record $112bn in private capital for developing economies in its 2026 fiscal year, more than tripling the amount from 2022. Read More: https://punchng.com/wbank-mobilises-112bn-private-capital-for-developing-economies/
The World Bank has successfully mobilised a record $112bn in private capital for developing economies in its 2026 fiscal year, more than tripling the amount recorded four years earlier. Private capital mobilisation increased from $35bn in fiscal 2022 to $112bn in fiscal 2026, while total financing and mobilisation by the World Bank Group in developing economies exceeded $200bn during the year.
The growth was observed across income groups, with private capital mobilisation in lower-middle-income countries rising to $37bn from $14bn in fiscal 2022, and in upper-middle-income countries increasing to $50bn from $12bn over the same period. Africa also recorded a substantial increase, with private capital mobilisation rising to approximately $22bn in fiscal 2026 from $9bn four years earlier, representing an increase of nearly 150 per cent.
Brief written by urgent.news from Punch's own syndicated text. Machine-written — may contain errors; check the original before relying on it.