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Home Blog Page 7435

How to prevent diabetes

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It is very important to make diabetes prevention a priority if you are at increased risk of diabetes, for example, if you’re overweight or have a family history of the disease.

Diabetes can be prevented by doing things as simple as eating more healthy food, becoming more physically active and shedding some weight. It is never too late to start making those simple changes in your lifestyle, as they will help you avoid the serious health complications of diabetes such as nerve, kidney and heart damage.

Here are some tips to help you:

Physical activity:

There are many benefits to regular physical activity. Exercise can help you lose weight, lower your blood sugar and boost your sensitivity to insulin — which helps keep your blood sugar within a normal range

Eat lots of fiber:

Fiber helps reduce your risk of diabetes by improving your blood sugar control. It also lower your risk of heart disease and helps promote weight loss by helping you feel full. Foods rich in fiber include fruits, vegetables, beans, whole grains, nuts and seeds

Whole grains:

Whole grains may reduce your risk of diabetes and help maintain blood sugar levels. Many foods made from whole grains come ready to eat, including various breads, pasta products and cereals

Shed some weight:

If you’re overweight, diabetes prevention may hinge on weight loss. Every kilo you lose can improve your health, and you may be surprised by how much

Eat healthy food:

This can help you manage your weight and lower your chances of getting type 2 diabetes. Eat more vegetables, fruits, and whole grains. Cut back on high-fat foods like whole milk, cheeses, and fried foods. This will help you reduce the amount of fat and calories you take in each day

From Doctors on Kangpe

How Barter, Flutterwave are fixing international payments – make dollar payments with Naira, Cedi, etc

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This is a promising progress – you can shop in USD without buying dollars. Barter and Flutterwave are making that possible. At the U.S. side is Barter and in the local side is Flutterwave.

We created Barter to solve a global problem?—?the problem of tracking and understanding expenses as an individual, team or corporate. Barter’s solution is a virtual card creating platform where people can create cards for specific use cases and track the spending on those cards.

Our technology partner for the payments part of our solution is Flutterwave. If you’ve not heard about them, you should totally check them out; they’re doing great work in the African payments space. We chose Flutterwave because expanding to Africa was a key part of our strategy. By leveraging on their technology, we get to spread the goodness of Barter to Nigeria, Kenya, Ghana and South Africa

Users will be able to fund their cards from their local bank accounts in Nigerian Naira, Ghanaian Cedis, Kenyan Shilling or US Dollars.

To make this happen, Barter will leverage on Flutterwave’s virtual card API and platform. Users will be able to fund their cards from their local bank accounts in Nigerian Naira, Ghanaian Cedis, Kenyan Shilling or US Dollars.

 

Bringing Barter to this market continues our drive to open up Africa to global markets and give African consumers the best payments experience possible. We will continue to work with our partners across the world to achieve that vision. Africans can now trade internationally with Barter cards?—?improving their lives and businesses,” says Iyinoluwa Aboyeji, Founder of Flutterwave.

Now begin shopping.

Africa Finance Corporation (AFC) appoints Dr. Joseph Nnanna as Chairman, net income tops $109M up 51%

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Africa Finance Corporation (AFC), a leading pan-African multilateral development finance institution and project developer, announces that Dr Sarah Alade, its Chairman, representing the Central Bank of Nigeria, from which she officially retired on 22 March, 2017, has also stepped down from her position as Chairman of the AFC Board of Directors with effect from today.

Dr Alade will be succeeded by Dr Joseph Nnanna, Deputy Governor at the Central Bank of Nigeria. Dr Nnanna has over three decades experience as an economist and banker. He has served as a consultant to the government of Nigeria, the United Nations Conference on Trade and Development, and, on the Board of the International Monetary Fund.

Dr Sarah Alade, said: “It has been a privilege to serve as Chairman of such a dynamic and fast-growing organisation.

“I have had the pleasure of overseeing some of the company’s milestones, including the Company’s inaugural Eurobond, Swiss Franc (CHF) and Sukuk issuances, expansion of country membership from 9 to 14, expansion of the Corporation’s operational footprint to 28 countries, growth in the balance sheet to US$3.4 billion, and, the creation of the African Power Platform vehicle with Harith General Partners of South Africa. I have no doubt that the Corporation will continue to flourish under my successor and wish both him and AFC the best in the future.”

Andrew Alli, President and Chief Executive of AFC, paid tribute to Dr Alade: “We are all very grateful for the notable contribution that Dr Alade has made to AFC during her time as Chairman of the Board.

“Over the course of her tenure the Corporation has expanded rapidly, and approximately US$ 4billion has now been invested in projects across 28 African countries, helping to drive economic and social development. We welcome Dr Nnanna to his new role and look forward to working with him to continue this success in the future.”

AFC will celebrate its 10th anniversary 15th – 16th May 2017 at the AFC Live Summit, which will bring together many of the top international players in African infrastructure investment for high level discussions on the industry’s many challenges, and potential solutions.

Financial Results

Meanwhile AFC has announced its 2016 fiscal year results.

Robust financial performance
* US$115.3 million in Total Comprehensive Income, up 64% year-on-year
* US$109.4 million in Net Profit, up 51% year-on-year
* US$3.4 billion in Total Assets, up 13% year-on-year
* US1.4 billion in Total Equity, up 6% year-on-year
* US$192.8 million in Interest Income, up 21% year-on-year
* US$21.9 million in Fees, Commissions and other Income, up 121% year-on-year

Continued strong operational performance
* Key milestones achieved:

o US$688 million of new investments
o Growth in the balance sheet to US$3.4 billion
o Expansion of the Corporations’ operational footprint to 28 countries and 14 country members with expansion to the Horn of Africa (Djibouti).
o Creation of the African Power Platform Vehicle with Harith General Partners
o Closing of the first bauxite mining transaction (Alufer in Guinea)
o Issuance of debut unsecured Swiss Franc denominated bond, raising CHF 100 million
* Prioritised investing in projects in sectors crucial for stimulating strong economic growth
o Invested in the Gabon Special Economic Zone, (GSEZ), a joint venture between Olam and the Republic of Gabon, with a diversified portfolio of strategic infrastructure assets being developed, constructed and operated across various sectors including transport, in Gabon. This AFC investment in a single transport platform vehicle, facilitated the simultaneous development of several projects.
o Financed Hakan, a peat to power plant, which will increase Rwanda’s installed capacity by 40% when it comes online.

Umaru H Modibbo leads a new Board of Keystone Bank Nigeria

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Keystone Bank on Tuesday announced the appointment of Alhaji Umaru H. Modibbo and Mr. Hafiz Bakare as board Chairman and acting Managing Director/Chief Executive Officer respectively.

According to the statement: “The transitional governance arrangement, which will take effect from the 1st of April 2017 is subject to approval by the Central Bank of Nigeria.

“By the 31st of March 2017, the current board of the bank (including the MD/CEO, Mr. Philip Ikeazor) would have fully disengaged, except for Mr. Bakare and Mrs. Isichei, who will continue as part of the transitional governance board.”

Do imitation legally; as Facebooks copies Snap, it’s all business

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Everyone is complaining that Facebook is imitating Snap. Please if you can find someone to copy, legally, do so immediately. The key is making sure it is done legally. We are all copying in this world. Do not be worried with feeds like this from Fortune:

If imitation is the sincerest form of flattery, then Facebook likes to flatter Snapchat so much the two companies should just drop the charade and get hitched down at City Hall in front of a justice of the peace and whoever they can find at the bus station to act as a witness.

Of course, Facebook famously tried to arrange a marriage with Snapchat in 2013, but the smaller company rebuffed its advances. And now, Snap has grown into a massive competitor, with a market valuation of close to $28 billion following its initial public offering.

Facebook, meanwhile, has continued adding new features that either imitate or flat out duplicate popular features on Snapchat. This morning, it ramped that flattery up even further, with the addition of a camera function with customized filters and the launch of Facebook Stories.

The camera interface, with a button that lets users add animal faces or animations to their photos and videos, is almost identical to Snapchat’s interface. And the new Facebook Stories feature—a way of collecting and sharing photos and video and sharing them with specific friends or on the timeline—is almost identical in both function and name to Snapchat’s version.

Facebook has a long history of trying to duplicate Snapchat’s features, and most of those efforts have been forgettable. But Instagram’s launch of a similar Stories function recently appears to have eaten into Snapchat’s market share, according to some reports.

Snapchat has clearly found a niche with younger users, but Facebook has almost unlimited resources and a dedicated user base of more than 1.5 billion. If the ability to add funny filters to a video or photo is what Snapchat was hoping would be its unique offering for the consumer marketplace, it might have another think coming.

Now, go and copy someone, legally.