Market Insights Financial Corporate Finance

Investment Banking - Senegal

Senegal

The revenue in the Investment Banking market is projected to reach US$113.20m in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 2.49% resulting in a projected total amount of US$128.00m by 2029.
From a global comparison perspective, it is shown that the highest revenue is reached in the United States (US$130.10bn in 2024).

Market

Region

Region comparison

Currency

Analyst Opinion

The Investment Banking market in Senegal is experiencing a significant growth trajectory driven by various factors.

Customer preferences: Senegalese investors are increasingly turning to investment banking services to diversify their portfolios and seek higher returns. The growing middle class in Senegal is more inclined towards investing in financial instruments to secure their financial future.

Trends in the market: One notable trend in the Senegalese Investment Banking market is the rise of digital investment platforms. Investors are now more tech-savvy and prefer the convenience of online trading and investment management services. This trend mirrors the global shift towards digitalization in the investment sector.

Local special circumstances: Senegal's strategic location in West Africa and its stable political environment make it an attractive destination for foreign investors. The government's efforts to improve regulatory frameworks and promote foreign investments have further boosted the Investment Banking market in the country. Additionally, the presence of multinational corporations and international financial institutions has contributed to the development of the market.

Underlying macroeconomic factors: The overall economic growth in Senegal, driven by sectors such as agriculture, energy, and services, has created a favorable environment for investment activities. The country's stable GDP growth and increasing foreign direct investment inflows have instilled confidence in the investment banking sector. Moreover, the government's focus on infrastructure development and financial inclusion initiatives has enhanced the overall investment climate in Senegal.

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.