Market Insights Financial Corporate Finance

Initial Public Offerings - Senegal

Senegal

The transaction value in the Initial Public Offerings market is projected to reach US$212.40m in 2024.
It is expected to show an annual growth rate (CAGR 2024-2025) of -1.13% resulting in a projected total amount of US$210.00m by 2025.
The average transaction value in the Initial Public Offerings market amounts to US$47.83m in 2024.
From a global comparison perspective, it is shown that the highest transaction value is reached in China (US$63,330.00m in 2024).

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Analyst Opinion

The Initial Public Offerings market in Senegal is showing signs of growth and development, reflecting the country's evolving economic landscape.

Customer preferences: Investors in Senegal are increasingly showing interest in IPOs as a means to diversify their investment portfolios and capitalize on the potential growth of local companies. This trend is in line with global investor sentiment, where IPOs are seen as an attractive investment opportunity with the potential for high returns.

Trends in the market: One notable trend in the Senegalese IPO market is the increasing participation of local retail investors. As more individuals become aware of the benefits of investing in IPOs, there is a growing demand for access to these opportunities. This trend is also driven by the efforts of regulatory authorities to promote transparency and investor protection in the market.

Local special circumstances: Senegal's strategic location as a gateway to West Africa and its stable political environment are contributing factors to the growth of the IPO market. The country's focus on infrastructure development and economic diversification is attracting both local and foreign investors, creating a conducive environment for companies looking to go public.

Underlying macroeconomic factors: The stable economic growth and increasing foreign direct investment in Senegal are providing a solid foundation for the development of the IPO market. As the country continues to implement structural reforms and improve its business environment, companies are more inclined to consider going public to raise capital for expansion and innovation. Additionally, the government's commitment to promoting the private sector and entrepreneurship is boosting investor confidence in the market.

Methodology

Data coverage:

Figures are based on the revenue generated by the Investment Banking market, as well as the transaction value, the number of transactions, and the average transactions size of the Mergers and Acquisitions (M&As) and Initial Public Offerings (IPOs) markets.

Modeling approach / Market size:

Market sizes are determined by a bottom-up approach and are based on a specific rationale for each market. As a basis for evaluating markets, we use market research and analysis, as well as data from annual financial reports. Furthermore, we use relevant key market indicators and data from country-specific associations and national data bureaus, such as GDP, wealth per capita, and total investment (% of GDP). This data helps us to 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 particular market. In this market, we use the HOLT-damped Trend method to forecast future development. The main drivers are GDP per capita and total investment (% of GDP).

Additional Notes:

The market is updated twice per year in the event that market dynamics change.