Corporate Finance - Senegal

Senegal

The revenue in the Corporate Finance 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.
The average transaction value in the Corporate Finance market amounts to US$42.17m in 2024.
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 Corporate Finance market in Senegal is experiencing significant growth and development, driven by various factors shaping the financial landscape in the country.

Customer preferences: Customers in Senegal are increasingly turning to corporate finance services to meet their investment and funding needs. This shift is influenced by a growing awareness of the benefits of professional financial advice and services in optimizing business operations and maximizing returns.

Trends in the market: One notable trend in the Senegalese Corporate Finance market is the rising demand for mergers and acquisitions advisory services. Companies are looking to expand their market presence and improve competitiveness through strategic partnerships and acquisitions, leading to a surge in demand for expert financial guidance in these transactions.

Local special circumstances: Senegal's strategic geographic location as a gateway to West Africa positions it as an attractive destination for foreign direct investment (FDI) and international business activities. This has contributed to the increasing sophistication of the Corporate Finance market in the country, with a growing number of multinational corporations seeking financial services to support their operations in the region.

Underlying macroeconomic factors: The stable economic growth and political stability in Senegal have created a favorable environment for business development and investment. This macroeconomic stability, coupled with government initiatives to promote private sector participation and entrepreneurship, has propelled the Corporate Finance market forward by fostering a conducive ecosystem for financial activities and transactions to thrive.

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.