Hospital equipment upgrades open business for banks in Kenya

An MRI machine. The need for capital is particularly acute in Kenya, where significant gaps in access to specialised equipment persist.

Photo credit: Pool

Private hospitals are borrowing billions of shillings to buy MRI machines, dialysis units and other specialist equipment, as banks build a fast-growing lending business around the country's push into advanced healthcare.

As they expand into oncology, cardiology, renal care, fertility, and advanced diagnostics, private hospitals, faith-based facilities, clinics, and diagnostic centres are turning to bank loans to acquire MRI machines, dialysis units, linear accelerators, mammography machines, and other specialised equipment.

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