Creative Research Associates (CRA) specialises in data driven research and modeling and in creating tools to facilitate African capital generation and deployment. CRA deploys AI-powered research and data-driven tools to unlock investment potential across Africa.
CRA delivers weekly, quarterly and annual market intelligence on listed stocks, treasuries, commodities, and international trade across African economies.
CRA specialises in rapid generation of financial projection models for enterprises and projects and supports preparation of documentation to facilitate capital raising activities. Through its affiliates CRA also supports enterprises and projects to raise capital from private investors, DFIs and other funding sources.
CRA conducts extensive research on economies, enterprises and projects using innovative proprietary metrics to provide insights beyond conventional data sources and research.
CRA brings its extensive experience in researching and solving African business and investment challenges to the design of digital solutions. It works with affiliates to implement these solutions for clients.
Sample Reports available from CRA for download
Explore how the CRA can help you with a range of needs. The following sample reports offer a glimpse of our capabilities and expertise. Please note that this is just a small selection of our work, and we can tailor our services to your specific requirements.
Initiation of Coverage: Structural Re-Rating, Obuasi Operational Turnaround & Cash Flow Inflection
High-conviction Overweight initiation with GH₵ 52.50 target price (+41.9% upside) supported by Obuasi turnaround, gold commodity super-cycle leverage, and corporate re-domiciliation multiple expansion.
Premier hard-currency equity hedge in Sub-Saharan Africa. Generates 100% USD revenues with Cedi cost base; Obuasi run-rate reaching 400-450 koz/yr at AISC <$1,150/oz.
2025-Q4 Macroeconomic Assessment, High-Frequency Diagnostics & Near-Term Outlook (8 Quarters)
Ghana maintains synchronized macroeconomic stabilization, anchored by real economic expansion (+4.70% YoY), decisive disinflation toward target (11.9%), and steady domestic fiscal consolidation.
Surging domestic gold refining and manufacturing receipts expanded the merchandise trade surplus to USD +1,020.0M, reinforcing foreign exchange market stability.
Annual 2026 Comprehensive Investment Review — Strategic Macro Intelligence & Capital Allocation
High-upside frontier opportunity anchored in critical natural endowments, milestone sovereign debt normalization under IMF ECF, and positive real yields (+12.8%).
Ewoyaa lithium concession and expanded gold refining drive growth; institutional allocators capture outsized private equity IRRs (>25%) in agro-processing and port logistics.
Extractive Volumes, Cash Crop Balances & Bilateral Gravity — Q3 2026 Surveillance
Ghana maintains a robust merchandise trade surplus of $4,850.3M (6.4% of GDP), anchored by $19,200.5M in FOB exports against $14,350.2M CIF imports, lifting Terms of Trade by +3.8%.
Primary extractives represent 82.4% of receipts: Gold (42.7%), Crude Petroleum (21.4%), and Cocoa (11.7%), generating 88.5% of commercial FX inflows.
Weekly Sovereign Market Intelligence: Yield Curves, Auctions & Public Debt Profile — Week 39, Sep 2026
Domestic sovereign debt markets experienced disciplined yield discovery, anchored by monetary policy easing to 12.75% and 10Y benchmark consolidation at 17.15% with robust 1.48x auction demand.
Normal upward-sloping yield curve with 48.0 bps term premium; average maturity held at 7.42 years, mitigating rollover and refinancing risks.
Official Stock Exchange Performance, Liquidity & Valuation Report — Week 39, Sep 2026
The Nigerian Exchange Group registered resilient trading, with NGX-ASI settling at 55,989.68 (+31.66% YTD) and equities market capitalization concluding at 532.38 Bn NGN.
Supported by sovereign debt stabilization, tier-1 banking corporate earnings, and sustained domestic pension fund asset allocation.
Whether you're an enterprise seeking funding, an investor exploring opportunities, or a government agency aiming to enhance governance and investment promotion, we're here to help.
Creative Research Associates (CRA) operates as an independent UK consultancy researching ECOWAS economies under strict non-FCA authorized scope, separating analytical modeling from regulated affiliate capital deployment.
CRA is not authorized or regulated by the UK Financial Conduct Authority (FCA). We carry out no regulated investment business (Articles 14, 21, 25, 40, 53 RAO) and do not provide investment advice, asset safeguarding, or brokerage.
Communications concerning investment opportunities are restricted in the UK and directed exclusively to Investment Professionals (Art 19) and High Net Worth Entities (Art 49) under FPO 2005. Retail investors are strictly excluded.
CRA provides non-regulated technical modeling, IM drafting, and presentation dossiers. Regulated deal origination, investor introductions, and syndication are executed solely by independently licensed partner investment banks.
Covering Benin, Burkina Faso, Cabo Verde, Côte d’Ivoire, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, The Gambia, and Togo under local securities laws (ISA 2007, Act 929, AMF-UMOA).