Research agenda

AHEN's research programme operates across three specialist empirical streams, each targeting a different structural dimension of Africa's macro-financial challenge. All research is Africa-led and diaspora-inclusive: principal investigators are drawn from African universities and the global African economics diaspora.

Stream A

Ecological macroeconomics and just transitions

Modelling climate risks and green industrialisation pathways tailored to non-reserve currency states. Africa faces ecological vulnerability compounded by orthodox-imposed fiscal constraints. Heterodox ecological macroeconomics provides tools for just transition policies that do not sacrifice development to austerity.

Outputs: 8–10 working papers · 2–3 policy briefs · UNECA collaboration
Stream B

Sovereign debt architecture and advanced liability management

Developing options for distressed debt environments: derivative structures for Eurobond buybacks at deep discounts, evaluation of Domestic Resource Creation (DRC) mechanisms as alternatives to Domestic Resource Mobilisation, and fiscal constraint management under balance-of-payments pressure. Builds directly on AHEN Executive Director Redge Nkosi's published academic work on DRC.

Outputs: 5–8 working papers · Financial Blueprints for sovereign debt management · 3–5 ministerial consultations
Stream C

Structural asymmetry and trade operations

Analysing the global payment and settlement system architecture to design clearing mechanisms that minimise foreign exchange leakage while encouraging intra-regional trade and investment — addressing the structural source of Africa's balance-of-payments trap.

Outputs: 5–8 working papers · Policy consultations with regional central banks · Clearing mechanism design blueprint

Competitive research grants

AHEN's core funding instrument: annual grant cycles open to African-based researchers and diaspora economists working within heterodox and pluralist traditions. Grants are awarded on a competitive basis through a double-blind peer-review process.

Grant size

Up to USD 40,000 per project for the founding phase; scaling to USD 50,000 in Phase II.

Eligibility

African-based researchers at any career stage; diaspora economists with demonstrated Africa-relevant research programmes. Individual and team applications welcome.

Review process

Double-blind peer review by an international panel of heterodox economists. Criteria: theoretical rigour, Africa-relevance, policy implications, and methodological pluralism.

Working Paper Series

The AHEN Working Paper Series publishes original heterodox economic research on African economies, open-access and free to download. Authors receive an honorarium. Target: 8–10 papers per year in the founding phase, scaling to 40 per year at full scale. Submissions are peer-reviewed and edited to publication standard before release.

Research methods clinics

Intensive residential clinics — targeting early-career researchers and postgraduate students — in heterodox research methods: post-Keynesian modelling, stock-flow consistent models, institutional analysis, historical methods, and decolonial research design. Two clinics per year in the founding phase; four per year at full scale.

Early-career research fellowships

Twelve one-year fellowships per year (six in the founding phase) for early-career African and diaspora economists to pursue independent heterodox research, with mentorship from AHEN's steering committee and visiting scholars. Stipend-based, university-hosted.