As described on the World Bank's website:

"The Information Technologies Investment Division of the World Bank Group’s Global Information and Communication Technologies Department helps build sustainable businesses that promote the spread of information technologies to the emerging markets. We operate effectively as a venture capital or private equity group that invests in information technology companies in the emerging markets. We are unique for our global perspective on information technologies, our long-term approach to investments, and our ability to leverage the resources of the entire World Bank Group, as well as our commitment to maximizing the value of our portfolio companies through sustained assistance...."

Information and communication technologies (ICTs) make up a critical part of a country's infrastructure today. Developing countries can profit from the World Bank's help in building up this sector of their economies.

In terms of a country's sovereignty, critics sometimes assert that financing from the World Bank comes with strings attached, for example here letting others make decisions that will affect a country's critical infrastructure. At the same time, a country may choose this bargain in order to become stronger, and thus more able to exercise sovereignty.