Day: 29 January 2024

African Development Bank, Attijariwafa Bank Europe sign €100 million risk-sharing agreement to unlock private sector potential to drive African trade

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La Banque africaine de développement et Attijariwafa bank Europe signent un accord de partage de risques de 100 millions d’euros pour libérer le potentiel des entreprises et développer le commerce africain

The African Development Bank (www.AfDB.org) and Attijariwafa bank Europe, European subsidiary of the Attijariwafa bank group, have signed a €100 million risk-sharing agreement to strengthen businesses and trade across Africa.   The pact is expected to catalyse nearly €500 million worth of trade for companies operating in more than twenty African countries. It will help to diversify production capacity in beneficiary countries and bolster competitiveness, generate higher tax revenues and create new jobs. The agreement will position Attijariwafa bank to scale up financing to firms in the health, agriculture and…

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SUPPLY CHAIN DICTIONARY – PULL PRODUCTION: AN EFFICIENT PRODUCTION METHOD

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Pull production is a manufacturing method that involves producing goods or services only in response to actual demand. This demand can come from an end customer, a distributor, or another player in the supply chain. What is Pull Production? In pull production, production stages are not initiated in advance but only when demand justifies it. This helps avoid the production of unnecessary stocks, which can lead to storage, transportation, and product depreciation costs. To operate, pull production relies on several fundamental principles: Demand drives production: It is the customer’s demand…

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