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Capital Raising - Togo

Togo
  • The country of Togo is projected to see a Total Capital Raised in the Capital Raising market market reaching US$11.12m in 2024.
  • Traditional Capital Raising is set to dominate the market with a projected market volume of US$11.12m in 2024.
  • In global comparison, the United States will generate the most Capital Raised with US$195.4bn in 2024.
  • Togo's Capital Raising market is witnessing a surge in interest from local investors, driving innovative funding solutions for emerging businesses.

Definition:

The Capital Raising market refers to the process of raising additional capital to launch, finance, and grow a business or a project. Traditional Bank Loans are not considered in the market.

Structure:

The market consists of two segments:
- The Traditional Capital Raising market refers to traditional venture financial services for startups and emerging companies that do not yet possess a positive track record, but have exceptional growth potential.
- The Digital Capital Raising market refers to digital financial services for business customers and private borrowers.
The market data comprises of the amount of capital raised, number of deals, and average deal size.

Additional information:

Besides Traditional Bank Loans, there are various alternative forms of debt and equity financing that help businesses, especially startups and emerging companies who seek additional funds to support their business' operation and growth. Nowadays, owing to the rapid growth rate of startups and emerging companies, these financial services are more attractive and popular.
Key players in this market are companies such as Squoia Capital, Hercules Capital, and Indiegogo

Use the info button next to the boxes for more information on the data displayed.

In-Scope

  • Venture Capital
  • Venture Debt
  • Digital Capital Raising

Out-Of-Scope

  • Traditional Bank Loans
Capital Raising: market data & analysis - Cover

Market Insight report

Capital Raising: market data & analysis

Study Details

    Capital Raised

    Notes: Data shown is using current exchange rates. Data shown reflects market impacts of Russia-Ukraine war and the bankruptcy of the Silicon Valley Bank.

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Oct 2024

    Source: Statista Market Insights

    Average Deal Size

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Oct 2024

    Source: Statista Market Insights

    Global Comparison

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Oct 2024

    Source: Statista Market Insights

    Number of Deals

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Oct 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Capital Raising market in Togo has been experiencing significant growth in recent years, driven by several key factors.

    Customer preferences:
    In Togo, both individuals and businesses are increasingly looking for opportunities to raise capital to fund their projects and ventures. This growing demand for capital is fueled by a desire to expand businesses, invest in new technologies, and pursue entrepreneurial ventures. Additionally, individuals are seeking ways to diversify their investment portfolios and generate higher returns. As a result, there is a strong appetite for capital raising solutions in the country.

    Trends in the market:
    One of the key trends in the capital raising market in Togo is the rise of crowdfunding platforms. These platforms provide individuals and businesses with a convenient and accessible way to raise capital from a large number of investors. Crowdfunding has gained popularity due to its ability to connect entrepreneurs with potential investors, bypassing traditional financial intermediaries. This trend is particularly appealing to small and medium-sized enterprises (SMEs) that may have difficulty accessing traditional financing options. Another trend in the market is the increasing participation of international investors. Togo's strategic location and growing economy make it an attractive destination for foreign investors. These investors are drawn to the country's potential for high returns and the government's efforts to improve the business environment. As a result, there has been a surge in foreign direct investment (FDI) in Togo, leading to increased capital raising activities.

    Local special circumstances:
    Togo's government has implemented several initiatives to promote capital raising in the country. For instance, they have introduced tax incentives and simplified regulations to encourage businesses to raise capital through the local stock exchange. This has resulted in an increase in initial public offerings (IPOs) and the listing of companies on the exchange. Additionally, the government has launched programs to support entrepreneurship and provide financing options for startups, further fueling the capital raising market.

    Underlying macroeconomic factors:
    The strong economic growth and stability in Togo have created a favorable environment for capital raising. The country has implemented economic reforms and attracted foreign investment, resulting in increased business activity and job creation. This has boosted investor confidence and encouraged capital inflows into the country. Additionally, Togo's membership in regional economic organizations, such as the West African Economic and Monetary Union (WAEMU), provides access to a larger market and facilitates cross-border capital raising activities. In conclusion, the Capital Raising market in Togo is experiencing significant growth due to increasing customer preferences for capital raising solutions, such as crowdfunding platforms. The market is also benefiting from the participation of international investors and the government's initiatives to promote capital raising. The underlying macroeconomic factors, including strong economic growth and stability, further contribute to the development of the capital raising market in Togo.

    Methodology

    Data coverage:

    Data encompasses B2B and B2C enterprises. Figures are based on the amount of capital raised, the average of deal size and the number of deals.

    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 data from OECD, 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, CPI, number of small and medium-sized enterprises (SME), new businesses registered (number) . 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.

    Financial

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    Capital Raising: market data & analysis - BackgroundCapital Raising: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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    Venture capital is the term used to call the financial resources provided by investors to startup firms and small businesses that show potential for long-term growth. It has become a very important source of capital for entrepreneurs, who often have problems with financing their needs through risk-averse banks. Venture capital investments incorporate a high level of risk as only some of the VC-backed companies develop into successful and highly profitable businesses. In 2020, the leading venture capital backed company worldwide was the Manbang Group, which based in Nanjing, China.
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