Kenya’s Loan Clock: Ticking at Sh23.83 Million Per Hour for 4 Months Straight.

18 February 2025

Kenya’s been on a bit of a borrowing binge lately—like that friend who maxes out their credit card but swears it’s all for a good cause. Between September and December 2024, the government snapped up a whopping Sh68.7 billion in loans. That’s Sh23.83 million every hour, or roughly Sh397,292 every single minute. To put it in perspective, that’s like buying a luxury car every 60 seconds for four months straight.