Take a look at the one of the current trending topics: financial inclusion. Many put forward the argument that legacy financial institutions (for lack of a better phrase) don’t cater for lower income people, or that lower income people cannot afford to use the services of legacy financial institutions. I am almost certain that because you are reading this newsletter (and based on previous surveys of iAfrikan readers) that you not only highly probably have a bank account, but also have a regular income. It is also that regular income that probably makes you not so bothered about the banking charges and fees that your bank offers because there are other benefits that come with that, e.g. access to a credit line, mortgage, car financing, investment products etc. That’s where I think we sometimes fail to get to the core of most African countries problems, it is not that people are excluded from financial services per se, but in my opinion it is that the core problems are unemployment and lack of income. We can innovate all we want but, in the case of financial inclusion, there just isn’t enough money to go around (as a result of unemployment).