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Home » About Us » PS Korir Sing’oei Dismisses Claims Kenya Has Been Denied New Loan by China: See Kenya’s Loan Debts!
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PS Korir Sing’oei Dismisses Claims Kenya Has Been Denied New Loan by China: See Kenya’s Loan Debts!

MercyBy MercyApril 17, 2025No Comments
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“China Denied Kenya a Loan?” PS Sing’oei Rubbishes Amisi’s Explosive Claims
“China Denied Kenya a Loan?” PS Sing’oei Rubbishes Amisi’s Explosive Claims
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PS Korir Sing’oei Dismisses Claims Kenya Has Been Denied New Loan by China: “Baseless”

Principal Secretary for Foreign Affairs, Korir Sing’oei, has fiercely dismissed claims that China turned down a fresh loan request from Kenya. He described the allegations, made by Saboti MP Caleb Amisi, as “baseless, irresponsible, and misguided.”

Amisi, in a controversial social media post, claimed President William Ruto’s government sought a loan from China. He further alleged that the administration offered mineral fields in Taita Taveta as collateral.

Amisi’s Explosive Accusation

“Reports reaching me are that China has rejected the attempt by the UDA government to borrow more money… using the Taita Taveta mineral fields as collateral,” Amisi wrote.

He continued, “If proven to be true, this is an unacceptable move. Let us live within our means. Let’s avoid committing any single asset of the Republic of Kenya in the quest to fund our misplaced priorities and grandiose spending.”

The post quickly went viral, igniting a firestorm of reactions from citizens concerned about the country’s borrowing practices.

PS Korir Sing'oei Dismisses Claims Kenya Has Been Denied New Loan by China: See Kenya's Loan Debts!
“China Denied Kenya a Loan?” PS Sing’oei Rubbishes Amisi’s Explosive Claims

PS Sing’oei Strikes Back

However, PS Sing’oei wasted no time in responding. He challenged Amisi’s statement as misleading and lacking evidence.

“Very irresponsible, baseless, and misguided assertion from a member of the Defence, Intelligence and Foreign Relations Committee,” he retorted.

Interestingly, he did not confirm whether or not Kenya had indeed made a new loan request to China. Yet, his focus remained on defending the integrity of government borrowing processes and exposing misinformation.

No Proof, But Plenty of Claims

Amisi’s failure to present evidence raised more questions. As a member of a powerful parliamentary committee, his words carry weight. Still, Sing’oei reminded him that such positions come with responsibility and access to facts, not speculation.

Kenya’s Mounting Debt

Meanwhile, facts about Kenya’s public debt paint a worrying picture. According to the 2024/2025 first-quarter National Treasury report:

  • China remains Kenya’s top lender, owed $5.39 billion.
  • Debt to bilateral sources fell by KSh 37.1 billion.
  • Debt to commercial banks dropped by KSh 64.6 billion.
  • However, loans from multilateral lenders increased by KSh 381.2 billion.

By September 2024, Kenya had paid KSh 165.6 billion in external debt. Alarmingly, projections show public debt may hit KSh 13.2 trillion by June 2027.

Amisi Under Fire After PS Sing’oei Dismisses Mineral Collateral Allegations
“Amisi Under Fire After PS Sing’oei Dismisses Mineral Collateral Allegations

National Concerns Rising

As political rhetoric intensifies, the debt conversation continues to worry Kenyans. Transparency, accountability, and responsible leadership have never been more crucial.

ALSO READ: Caleb Amisi Fires at Ruto Allies: “Speak Now or Stay Silent Forever”

PS Korir Sing’oei Dismisses Claims Kenya Has Been Denied New Loan by China: “Baseless”

China Loans KENYA'S ECONOMY Politics Kenya PS Korir Sing'oei Saboti MP Caleb Amisi
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