At the 18th session of the African Union (AU) in 2012, head of member states initiated the idea for the establishment of an African Continental Free Trade Area (AfCFTA). The idea was to establish a free trade area within the African continent with a combined GDP of more than $3.4 trillion collectively to make it the largest-free-trade area in the world.
The main aim of this idea is to boost intra-trade in Africa from 12% in 2012 to 25% in 2022. This will help create jobs and boost Africa’s economic status at the world stage.
The AFCFTA Objectives.
The objective of the agreement is;
To create a single market; this will help facilitate the free movement of persons, goods and services, and investments which will help fast-track the creation of African customs union.
To reinforce intra-African trade. This will better harmonize the coordination of trade liberalization and facilitation regimes and instruments across the Regional Economic Communities (RECs) and across Africa in general.
To accelerate regional and continental integration procedures, and resolve multiple and overlapping memberships challenges.
The promises of the AFCFTA are not only for large corporations. But equally for the youth who are the leaders of the continent. AfCFTA is being negotiated by governments, but it is not governments that trade, its entrepreneurs, small medium enterprises that are led by young Africans. Under AfCFTA, young people will be able to create 450 million jobs in Africa, contributing over 60per cent to Africa’s GDP. It is the driver of Africa’s economy
That is why the AFCFTA secretariat is very particular about the inclusion of youths into the AfCFTA protocol. AfCFTA presents an opportunity to push back poverty, to advance industrialisation, to create opportunities for young people in Africa. “So that young people stop dying and being buried deep in the oceans of the Mediterranean, as they seek better opportunities in Europe.” said the AFCFTA secretary General, Wamkele Mene speaking at the fifth Youth Connekt Summit.
With average tariffs of 6.1 percent, businesses currently face higher tariffs when they export within Africa than on the continent. The AfCFTA will progressively eliminate tariffs on intra-Africa trade, making it easier for African businesses to trade within the continent and benefit from the growing African market.
With the agreement firmly in place, Africa now has the tools to place itself as a global superpower; it has the potential to be. But to do so, Africa must use its greatest asset, our youth. Only then will we awaken a sleeping giant.
It is in this light that PLS Training is organizing a conference to increase awareness on the AFCFTA subject, under the theme: AFCFTA: Opportunities, challenges and prospects for Cameroon. The conference is set to take place on the 24th of March 2023 at IUT Douala at 2PM. Stay connected, save the dat and join us for and insightful experience.
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# Harvard University: A Legacy of Excellence and Innovation
## A Brief History of Harvard University
Founded in 1636, **Harvard University** is the oldest and one of the most prestigious higher education institutions in the United States.
Located in Cambridge, Massachusetts, Harvard has built a global reputation for
academic excellence, groundbreaking research, and influential alumni.
From its humble beginnings as a small college established to
educate clergy, it has evolved into a world-leading university that shapes the future across
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## Harvard’s Impact on Education and Research
Harvard is synonymous with **innovation and intellectual leadership**.
The university boasts:
– **12 degree-granting schools**, including the renowned **Harvard
Business School**, **Harvard Law School**, and **Harvard Medical School**.
– **A faculty of world-class scholars**, many of whom are Nobel laureates, Pulitzer Prize
winners, and pioneers in their fields.
– **Cutting-edge research**, with Harvard leading initiatives in artificial
intelligence, public health, climate change, and more.
Harvard’s contribution to research is immense, with billions of dollars allocated to scientific discoveries and technological advancements
each year.
## Notable Alumni: The Leaders of Today and Tomorrow
Harvard has produced some of the **most influential figures** in history,
spanning politics, business, entertainment, and science.
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– **Barack Obama & John F. Kennedy** – Former U.S. Presidents
– **Mark Zuckerberg & Bill Gates** – Tech visionaries
(though Gates did not graduate)
– **Natalie Portman & Matt Damon** – Hollywood icons
– **Malala Yousafzai** – Nobel Prize-winning activist
The university continues to cultivate future leaders who shape industries and drive global progress.
## Harvard’s Stunning Campus and Iconic Library
Harvard’s campus is a blend of **historical charm and modern innovation**.
With over **200 buildings**, it features:
– The **Harvard Yard**, home to the iconic **John Harvard Statue** (and the famous “three lies” legend).
– The **Widener Library**, one of the largest university libraries in the world, housing **over 20 million volumes**.
– State-of-the-art research centers, museums, and performing arts venues.
## Harvard Traditions and Student Life
Harvard offers a **rich student experience**, blending academics with
vibrant traditions, including:
– **Housing system:** Students live in one of 12 residential houses, fostering a strong sense of community.
– **Annual Primal Scream:** A unique tradition where students de-stress by running through Harvard Yard before finals!
– **The Harvard-Yale Game:** A historic football rivalry
that unites alumni and students.
With over **450 student organizations**, Harvard students engage in a diverse range of extracurricular activities, from entrepreneurship to
performing arts.
## Harvard’s Global Influence
Beyond academics, Harvard drives change in **global policy, economics, and technology**.
The university’s research impacts healthcare, sustainability, and artificial
intelligence, with partnerships across industries worldwide.
**Harvard’s endowment**, the largest of any university, allows it to fund scholarships, research, and public initiatives, ensuring a legacy of impact
for generations.
## Conclusion
Harvard University is more than just a school—it’s a **symbol of excellence,
innovation, and leadership**. Its **centuries-old traditions, groundbreaking discoveries, and transformative education**
make it one of the most influential institutions in the world.
Whether through its distinguished alumni, pioneering research,
or vibrant student life, Harvard continues to shape
the future in profound ways.
Would you like to join the ranks of Harvard’s legendary scholars?
The journey starts with a dream—and an application!
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