In Africa, most entrepreneurs do not have access to formal banks and venture capital in the first place. They often lack access to financial markets and financial instruments such as savings, credit and insurance, which would enable them to engage in economic activity and help their countries achieve sustainable financial growth. Good thing is that they have an access to mobile phone. This will increase financial access to those who would otherwise be completely excluded from the traditional banking system – for example, those working in the informal sector, in villages, or who have too little capital to make formal banking a feasible option.