Venture Capital - Niger

  • Niger
  • The country in Niger is projected to reach a Total Capital Raised of US$1.9m in the Venture Capital market market by 2024.
  • In Niger, Seed Stage is expected to dominate the market with a projected market volume of US$1.6m in 2024.
  • When compared globally, the United States is set to generate the most Capital Raised, reaching US$264,500.0m in 2024.
  • Niger's Venture Capital market shows promising growth potential, attracting investors seeking untapped opportunities in the country's emerging entrepreneurial ecosystem.

Key regions: China, Australia, India, Europe, Israel

 
Market
 
Region
 
Region comparison
 
Currency
 

Analyst Opinion

The Venture Capital market in Niger is experiencing significant growth and development in recent years.

Customer preferences:
In Niger, there is a growing interest among entrepreneurs and startups to secure funding from venture capitalists. Entrepreneurs are increasingly looking for financial support to fuel their business ideas and scale their operations. They see venture capital as an attractive option due to its potential for high returns and the additional support and expertise that venture capitalists can provide.

Trends in the market:
One of the key trends in the Venture Capital market in Niger is the emergence of local venture capital firms. These firms are actively investing in promising startups and providing them with the necessary capital to grow. This trend is driven by a combination of factors, including the increasing number of entrepreneurs in Niger, the government's efforts to promote entrepreneurship, and the availability of local investors who are willing to take risks and support innovative ideas. Another trend in the market is the focus on sectors with high growth potential. Venture capitalists in Niger are targeting industries such as technology, renewable energy, and agriculture, which are seen as key drivers of economic development. This trend is aligned with the global shift towards investing in sectors that have a positive impact on society and the environment.

Local special circumstances:
Niger is a country with a young and dynamic population, which presents both opportunities and challenges for the Venture Capital market. On one hand, the youthful population provides a large pool of talent and innovative ideas, making it an attractive market for venture capitalists. On the other hand, the lack of infrastructure and limited access to resources can pose challenges for startups and venture capitalists alike.

Underlying macroeconomic factors:
The development of the Venture Capital market in Niger is also influenced by underlying macroeconomic factors. The government's commitment to economic reforms and the promotion of entrepreneurship has created a favorable business environment. Additionally, the increasing integration of Niger into the global economy and the availability of foreign investment have contributed to the growth of the Venture Capital market. In conclusion, the Venture Capital market in Niger is growing and evolving rapidly. Entrepreneurs are increasingly seeking funding from venture capitalists, and local firms are stepping up to meet this demand. The focus on high-growth sectors and the country's youthful population are driving the development of the market. However, challenges such as limited infrastructure and resources still need to be addressed to fully unlock the potential of the Venture Capital market in Niger.

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.

Overview

  • Capital Raised
  • Average Deal Size
  • Global Comparison
  • Number of Deals
  • Analyst Opinion
  • Methodology
  • Key Market Indicators
Please wait

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)

Mon - Fri, 9am - 5pm (SGT)

Contact Kisara Mizuno
Kisara Mizuno
Senior Business Development Manager– Contact (Asia)

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)