The institution disclosed this in a report published on its website, explaining that it would combine policy reforms, investment platforms, risk-sharing arrangements and commercial financing to attract private capital into key sectors.
A major component is the Building Resilient Digital Infrastructure for Growth project, which is expected to attract at least $156m in private equity in its first investment round. Further rounds could unlock up to $1.1bn by 2030 to expand the country’s fibre-optic network and extend broadband access to an additional 58 million people.
In agriculture, the Agricultural Value Chains for Growth project aims to reach one million smallholder farmers and mobilise about $242m from agribusiness firms and certified seed producers.
The Fostering Inclusive Finance for MSMEs in Nigeria programme is expected to attract nearly $1.89bn in private financing and support more than 250,000 small businesses. The programme could generate approximately 850,000 direct and indirect jobs, with 30 per cent of financing targeted at women-led businesses.
The World Bank Group said its strategy also includes investments in fertiliser production and telecommunications, with the overall goal of strengthening productivity, improving access to finance and encouraging private-sector-led economic growth.
Your reaction
Story guide
Understand this story
Summary
The World Bank Group aims to mobilise up to $5.79bn in private financing for Nigeria in 2026, with investments targeting digital infrastructure, agriculture and small businesses and the potential to support 850,000 jobs. The World Bank Group plans to mobilise up to $5.79bn in private financing for Nigeria in fiscal year 2026 to support investments in digital infrastructure,...
Key takeaways
- The World Bank Group aims to mobilise up to $5.79bn in private financing for Nigeria in 2026, with investments targeting digital infrastructure, agriculture and small businesses and the potential to support 850,000 jobs.
- The World Bank Group plans to mobilise up to $5.79bn in private financing for Nigeria in fiscal year 2026 to support investments in digital infrastructure, agriculture, small businesses and domestic fertiliser production.The institution disclosed this in a report published on its website, explaining that it would combine policy reforms, investment platforms, risk-sharing arrangements and commercial financing to attract private capital into key sectors.A major component is the Building Resilient Digital Infrastructure for Growth project, which is expected to attract at least $156m in private equity in its first investment round.
- Further rounds could unlock up to $1.1bn by 2030 to expand the country’s fibre-optic network and extend broadband access to an additional 58 million people.In agriculture, the Agricultural Value Chains for Growth project aims to reach one million smallholder farmers and mobilise about $242m from agribusiness firms and certified seed producers.The Fostering Inclusive Finance for MSMEs in Nigeria programme is expected to attract nearly $1.89bn in private financing and support more than 250,000 small businesses.
Article FAQ
What is this story about?
The World Bank Group aims to mobilise up to $5.79bn in private financing for Nigeria in 2026, with investments targeting digital infrastructure, agriculture and small businesses and the potential to support 850,000 jobs. The World Bank Group plans to mobilise up to $5.79bn in private financing for Nigeria in fiscal year 2026 to support investments in digital infrastructure,...
Who published this story?
Glow 99.1 FM published this story with GlowRy Atuah listed as author.
When was it published?
October 13, 2026