Crowdinvesting - Cameroon

Cameroon

Highlights

In Cameroon, the total transaction value in the Crowdinvesting market is expected to reach US$80.15k by 2024.
When comparing globally, it is evident that the United Kingdom leads with a transaction value of US$608m in 2024.
In Cameroon, Crowdinvesting in the Capital Raising market is gaining traction among tech startups seeking alternative funding sources.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Crowdinvesting market in Cameroon is experiencing significant growth and development.

Customer preferences: Cameroonian investors are increasingly turning to crowdinvesting as a way to diversify their investment portfolios and access new investment opportunities. They are attracted to the potential for high returns and the ability to invest in projects or businesses that align with their personal interests and values. Additionally, the ease of investing online and the ability to track and manage investments digitally are appealing to customers in Cameroon.

Trends in the market: One of the key trends in the crowdinvesting market in Cameroon is the rise of crowdfunding platforms that cater specifically to local entrepreneurs and businesses. These platforms provide a space for entrepreneurs to showcase their projects and attract funding from local investors. This trend is driven by the desire to support local businesses and stimulate economic growth within the country. Another trend is the increasing popularity of crowdfunding campaigns for social and environmental causes. Cameroonian investors are showing a growing interest in supporting projects that have a positive impact on society or the environment. This trend is in line with global trends in impact investing and reflects a shift towards more socially conscious investment practices.

Local special circumstances: Cameroon has a vibrant entrepreneurial ecosystem, with a growing number of startups and small businesses seeking funding to fuel their growth. However, traditional funding options such as bank loans are often inaccessible to these businesses, making crowdinvesting an attractive alternative. The emergence of crowdinvesting platforms in Cameroon has provided a much-needed source of funding for local entrepreneurs. Furthermore, the increasing internet penetration and smartphone adoption in Cameroon have created a conducive environment for the growth of crowdinvesting. With more people gaining access to the internet, the reach and potential investor base for crowdinvesting campaigns have expanded significantly.

Underlying macroeconomic factors: Cameroon is experiencing steady economic growth, driven by sectors such as agriculture, manufacturing, and services. This positive economic outlook provides a favorable backdrop for the crowdinvesting market to thrive. As the economy grows, more investment opportunities emerge, attracting both local and international investors to the crowdinvesting space. Additionally, the government of Cameroon has recognized the importance of entrepreneurship and innovation in driving economic development. They have implemented policies and initiatives to support startups and small businesses, creating an enabling environment for crowdinvesting platforms to operate. In conclusion, the crowdinvesting market in Cameroon is growing rapidly due to customer preferences for diversification, high returns, and socially conscious investing. The rise of crowdfunding platforms catering to local entrepreneurs, the popularity of impact investing, and the favorable macroeconomic factors all contribute to the development of the crowdinvesting market in Cameroon.

Data coverage:

The data encompasses B2C enterprises. Figures are based on transaction values / revenues / assets under management and user data of relevant services and products offered within the FinTech market.

Modeling approach / Market size:

Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players, industry reports, third-party reports, publicly available databases, and survey results from primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, population, internet penetration, smartphone penetration, credit card penetration, and online banking penetration. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.