Venture Capital - Guinea

Guinea

Highlights

Guinea is expected to see the Total Capital Raised in the Venture Capital market market reach US$2.53m by 2024.
The Seed Stage market is projected to dominate the market with a market volume of US$2.53m by 2024.
When compared globally, the United States will lead in Capital Raised, generating US$136.6bn in 2024.
Guinea's Venture Capital market is gaining traction, with increased investor interest in tech startups driving capital raising activities in the country.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Venture Capital market in Guinea has been experiencing significant growth in recent years.

Customer preferences: Guinean entrepreneurs are increasingly turning to venture capital as a source of funding for their innovative ideas and start-up businesses. This is driven by a desire for financial support to turn their ideas into reality, as well as the potential for mentorship and guidance from experienced investors. Additionally, venture capital funding provides entrepreneurs with the opportunity to scale their businesses more quickly and reach a wider market.

Trends in the market: One of the key trends in the Venture Capital market in Guinea is the increasing number of local and international venture capital firms entering the market. These firms are attracted by the growing number of promising start-ups in the country and the potential for high returns on investment. As a result, there is a greater availability of funding options for Guinean entrepreneurs, leading to increased competition among venture capital firms to invest in the most promising start-ups. Another trend in the market is the focus on sectors such as technology, healthcare, and renewable energy. These sectors are seen as having high growth potential and are therefore attracting significant investment from venture capital firms. This trend is in line with global market trends, where technology and innovation are driving economic growth in many countries.

Local special circumstances: Guinea is a country with a young and dynamic population, which is driving innovation and entrepreneurship. The government has also implemented policies to support entrepreneurship and innovation, such as the establishment of incubation centers and the promotion of entrepreneurship education. These initiatives are creating a favorable environment for start-ups and attracting venture capital investment.

Underlying macroeconomic factors: The Venture Capital market in Guinea is also influenced by macroeconomic factors such as GDP growth, inflation rates, and political stability. A stable and growing economy provides a conducive environment for venture capital investment, as it indicates a higher potential for returns on investment. Additionally, low inflation rates and political stability reduce investment risks and encourage venture capital firms to invest in the country. In conclusion, the Venture Capital market in Guinea is experiencing significant growth due to the increasing preferences of Guinean entrepreneurs for venture capital funding, the entry of local and international venture capital firms, the focus on high-growth sectors, the favorable local circumstances, and the underlying macroeconomic factors. These factors combined create a positive outlook for the Venture Capital market in Guinea, with more opportunities for entrepreneurs to access funding and for venture capital firms to invest in promising start-ups.

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.