Market Insights Financial Corporate Finance

Initial Public Offerings - Togo

Togo

The transaction value in the Initial Public Offerings market is projected to reach US$103.20m in 2024.
It is expected to show an annual growth rate (CAGR 2024-2025) of 0.39% resulting in a projected total amount of US$103.60m by 2025.
The average transaction value in the Initial Public Offerings market amounts to US$59.65m 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 Togo is experiencing a gradual but noticeable development.

Customer preferences: Investors in Togo are increasingly showing interest in IPOs as a means to diversify their investment portfolios and potentially gain higher returns. The appeal of investing in newly listed companies lies in the opportunity to participate in the early stages of growth and benefit from potential capital appreciation.

Trends in the market: One notable trend in the Togolese IPO market is the increasing participation of retail investors. As more individuals become aware of the potential returns from investing in IPOs, there has been a growing demand for access to these opportunities. This trend is driving companies to consider going public to attract investment from a wider pool of investors.

Local special circumstances: Togo's small but growing economy presents unique opportunities for companies looking to go public. The relatively stable political environment and efforts to improve business regulations are creating a favorable climate for companies considering IPOs. Additionally, the government's initiatives to promote entrepreneurship and innovation are encouraging local businesses to explore the option of going public to raise capital for expansion.

Underlying macroeconomic factors: The macroeconomic stability in Togo, coupled with ongoing economic reforms aimed at improving the business environment, is bolstering investor confidence in the IPO market. The government's focus on infrastructure development and efforts to attract foreign investment are also contributing to the positive sentiment towards IPOs. As Togo continues to position itself as a business-friendly destination in the region, the IPO market is expected to witness further growth and diversification.

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.