Corporate Finance - Ghana

Ghana

The projected revenue in the Corporate Finance market market in Ghana is expected to reach US$157.40m in 2024.
It is anticipated to exhibit an annual growth rate (CAGR 2024-2028) of -0.30%, resulting in a projected total amount of US$155.50m by 2028.
In 2024, the average transaction value in the Corporate Finance market market in Ghana amounts to US$142.70m.
From a global comparison perspective, it is worth noting that the United States generates the highest revenue in this market, with a figure of US$119.10bn in 2024.
Ghana's corporate finance market is thriving as multinational companies continue to invest, attracted by the country's stable economic growth and favorable business environment.

Market

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Analyst Opinion

The Corporate Finance market in Ghana is experiencing significant growth and development.

Customer preferences: Ghanaians are increasingly turning to corporate finance institutions for funding options due to the limited access to traditional banking services in the country. Additionally, there is a growing preference for tailored financial solutions that meet the specific needs of businesses in Ghana.

Trends in the market: One notable trend in the Ghanaian Corporate Finance market is the rise of fintech companies offering innovative financial products and services. These companies are leveraging technology to provide efficient and convenient financing solutions to businesses, filling the gap left by traditional banks. Moreover, there is a noticeable increase in mergers and acquisitions activities in various sectors, indicating a maturing market with growing opportunities for investors.

Local special circumstances: The regulatory environment in Ghana is becoming more favorable for corporate finance activities, attracting both domestic and foreign investors to participate in the market. Additionally, the government's efforts to promote private sector growth and entrepreneurship are driving the demand for corporate finance services in the country.

Underlying macroeconomic factors: Ghana's stable economic growth and increasing foreign direct investment are contributing to the expansion of the Corporate Finance market. The country's strategic location as a gateway to West Africa and its natural resources make it an attractive destination for investors looking to capitalize on the growing business opportunities in the region. Furthermore, the government's commitment to improving infrastructure and promoting economic diversification is creating a conducive environment for corporate finance activities to thrive in Ghana.

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.