From reform to investment: A coordinated World Bank Group approach
This effort reflects a coordinated World Bank Group approach. The World Bank supports reforms and projects that improve the investment environment and create viable opportunities. IFC complements this work by structuring investments, deploying its own capital, and bringing commercial lenders and institutional investors into those opportunities. MIGA provides guarantees that reduce risks for investors. Together, the institutions are helping make private investment a stronger driver of infrastructure, productivity, and jobs.
Creating the conditions for private capital to move
Since mid-2023, Nigeria has undertaken reforms to improve foreign-exchange management, strengthen public finances, reform fuel subsidies, and create more predictable conditions for investment. Supported in part by the World Bank’s RESET and NAIJA development policy financing programs, these measures are helping strengthen policy credibility. Further reforms aim to deepen capital markets, expand digital trade, enable greater private participation in electricity, and improve competitiveness—reducing risks and opening new opportunities for private capital.
Reforms can open the door to investment, but their impact is felt only when capital begins to flow into projects that change people’s lives. Across digital infrastructure, agriculture, and finance for small businesses, World Bank Group-supported projects and investment platforms are translating improved conditions into concrete opportunities for private capital.