Antigua Breaking News

Day: March 8, 2019

  • Jussie Smollett indicted on 16 felony counts by grand jury

    Jussie Smollett indicted on 16 felony counts by grand jury

    “Empire” actor Jussie Smollett has been indicted by a grand jury in Chicago on 16 felony counts after allegedly lying to police about being the victim of a racist and homophobic hate crime. Smollett was charged last month with felony disorderly conduct for the allegedly false report he made with Chicago police on Jan. 29,…

  • Family awarded US$3.38M for Royal Caribbean passenger’s death

    Family awarded US$3.38M for Royal Caribbean passenger’s death

    A federal jury says Royal Caribbean Cruises owes US$3.38 million to the family of a passenger who died during an Alaskan cruise. The jury returned its verdict Thursday in Miami federal court. Court records show Richard Puchalski was with his family on the Explorer of the Seas in 2016. A civil complaint says the 70-year-old…

  • Unanimous guilty verdict on Falmouth Harbour duo caught in $7M cocaine bust

    Unanimous guilty verdict on Falmouth Harbour duo caught in $7M cocaine bust

    A jury on Thursday unanimously found Kenneth Wyre and Rowan Bailey guilty of possession of cocaine, possession of cocaine with intent to supply and drug trafficking. The verdict came as a result of a successful counter narcotics drug operation where on Aug. 21, wyre and Bailey were intercepted by ONDCP officers in the Clarks Hill…

  • Equality, inclusion, says PM on International Women’s Day

    Equality, inclusion, says PM on International Women’s Day

    This photo and message was posted by Prime Minister Gaston Browne on social media. The photo was posted on Friday on the occasion of International Women’s Day. The photo was captioned: “Happy International Women’s Day to all who identify as women!”

  • Former Grenada minister warns of the demise of CBI in the Caribbean

    Former Grenada minister warns of the demise of CBI in the Caribbean

    A former finance minister is warning Grenada and other Caribbean countries that the controversial Citizenship by Investment Programme (CBI) “will cease to exist in a very short time.” Anthony Boatswain told legislators that the CBI, under which Caribbean countries grant citizenship to foreign investors in return for making a substantial investment in the socio-economic development…

  • CAL’s ATR down for three months after hitting wall

    CAL’s ATR down for three months after hitting wall

    TRINIDAD NEWSDAY – Acting Trinidad and Tobago Prime Minister Colm Imbert says the plane involved in an incident at the Piarco International Airport on Wednesday night will be down for three months but fortunately, Caribbean Airlines (CAL) had been engaged in wet leasing another plane. He was speaking at the post-Cabinet media briefing at the…

  • International Women’s Day Message 2019 – Caribbean Family Planning Affiliation

    International Women’s Day Message 2019 – Caribbean Family Planning Affiliation

    Today, March 8, 2019, the Caribbean Family Planning Affiliation (CFPA) salutes all women in the Caribbean and joins the rest of the world to celebrate the achievements of women, recognizing their work for gender justice and equality. International Women’s Day is also a time to reflect critically on the barriers that continue to impede women’s progress and…

REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – INDIVIDUAL SELECTION)

 

OECS MSME Guarantee Facility Project

Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650

Assignment Title: Senior Operating Officer (SOO)

Reference No. KN-ECPCGC-207852-CS-INDV

 

The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project. 

The consultant will serve as the “Senior Operating Officer (SOO)” for the ECPCGC and should possess extensive knowledge of MSME lending with some direct experience lending to Micro, small and medium-sized businesses, knowledge of the internal control processes necessary for a lending operation and the ability to design and implement risk mitigation procedures. The ideal candidate should possess an Undergraduate Degree from a reputable college or university, preferably in Business, Accounting, Banking or related field, with a minimum of 5 years’ experience in lending, inclusive of MSME lending. The initial employment period will be for two years on a contractual basis. Renewal of the contract will be subject to a performance evaluation at the end of the contractual period. The assignment is expected to begin on September 30th, 2021.  The consultant will report directly to the Chief Executive Officer of the ECPCGC.

The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below. 

 

https://bit.ly/3iVannm

 

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:

  • An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
  • Minimum of 5 years’ experience in MSME lending. Applicants should also have:
  • The ability to design and implement risk management procedures 
  • Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
  • Extensive knowledge of MSME banking operations
  • Knowledge of the internal controls necessary for a lending operation and the ability to design and implement risk management procedures
  • Experience developing and presenting information in public, including responding to questions in real-time
  • Experience lending to MSMEs located in the ECCU
  • Knowledge of marketing and communicating with the MSME sector
  • Ability to draft procedures to be used in a lending operation
  • Familiarity with the mechanics of a loan guarantee program
  • Exceptional written, oral, interpersonal, and presentation skills, and
  • Proficiency in the use of Microsoft Office suite.

The attention of interested Individual Consultants is drawn to Section III, Paragraphs 3.14, 3.16, and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers July 2016, [revised November 2017] (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Approved Selection Method for Individual Consultants set out in the clause 7.34 of the World Bank Procurement Regulations for IPF Borrowers. 

 

Further information can be obtained at the address below during office hours 0800 to 1700 hours:

Eastern Caribbean Partial Credit Guarantee Corporation

Brid Rock, Basseterre,

St. Kitts.

Expressions of interest must be delivered in a written form by e-mail by August 11th, 2021, to [email protected]. 

 

For further information, please contact:

Carmen Gomez-Trigg                                                            Bernard Thomas

Chief Executive Officer                                                          Chief Financial Officer

Tel: 868-620-8144                                                                  Tel: 869-765-2385

Email: [email protected]                                          [email protected]