Antigua Breaking News

Day: March 11, 2019

  • Carnival Cruise Lines pulls out of Antigua

    Carnival Cruise Lines pulls out of Antigua

    Carnival Cruise Lines has announced it is cancelling all scheduled calls to Antigua effective March 13, President of the cruise association Nathan Dundas has announced. The announcement comes two weeks after Prime Minister Gaston Browne accused the Florida-Caribbean Cruise Association of exploiting the region. The cruise line did not give a reason for its decision. “So all…

  • High-level committee established to advise St. Kitts-Nevis Cabinet on support to LIAT

    High-level committee established to advise St. Kitts-Nevis Cabinet on support to LIAT

    The Cabinet of St. Kitts and Nevis has established a high-level advisory committee to thoroughly consider a number of proposals put forward by regional airline, LIAT, and to advise it on the possible way forward. This commitment by the St. Kitts and Nevis Government was made following a presentation by a three-member delegation from LIAT…

  • Visiting U.S. pastor calls on, prays with PM Browne

    Visiting U.S. pastor calls on, prays with PM Browne

    Visiting United States pastor, Prophet John Kirby along with his wife Sarah today paid a courtesy call on Prime Minister Gaston Browne. The visiting U.S. pastors are guests of Pastor Clement Joseph from the Rhema Life Centre Church. During the courtesy call Dr. Kirby said it was an honour to meet Prime Minister Browne and…

  • Antigua and Barbuda’s UK reps join in Commonwealth Day celebrations

    Antigua and Barbuda’s UK reps join in Commonwealth Day celebrations

    Antigua and Barbuda’s representatives in the United Kingdom today joined the celebration marking Commonwealth Day. The theme – A Connected Commonwealth – highlights how friendship, goodwill, and collaboration between the Commonwealth’s culturally diverse 2.4 billion people can be harnessed to tackle some of the planet’s most significant challenges. High Commissioner Karen-Mae Hill and Antiguan and Barbudan…

  • LIAT urgently needs millions to keep flying

    LIAT urgently needs millions to keep flying

    CMC – Shareholder governments of the cash-strapped regional airline, LIAT, will meet in Barbados later on Monday to discuss the financial crisis facing the Antigua-based airline, Prime Minister Dr. Ralph Gonsalves has announced. Gonsalves said that the “urgent meeting” to be attended by the airline’s management and the trade unions representatives, had been mandated by…

  • Antigua and Barbuda to aggressively grow European Market

    Antigua and Barbuda to aggressively grow European Market

    Antigua and Barbuda tourism officials have returned to Antigua and Barbuda having participated in the ITB Travel Trade Show, held from March 6 to 10 in Berlin, Germany. The trade show is considered the World’s leading travel trade show and the largest exhibition of its kind in Europe, with over 10,000 exhibitors from 185 countries and…

  • Rotary Club of Antigua’s Reading Competition promotes literacy

    Rotary Club of Antigua’s Reading Competition promotes literacy

    The Methodist Church Conference Centre was transformed into a platform for articulation, poise, confidence, creativity and expression as six primary schools engaged in a literacy battle in the 3rd annual Rotary Club of Antigua’s Reading Competition over the weekend. The Grace Christian Academy School emerged on top for the 2nd year in a row, after…

  • Caribbean Airlines still flying Boeing 737-800 aircraft

    Caribbean Airlines still flying Boeing 737-800 aircraft

    Trinidad-based Caribbean Airlines issued the following statement on Monday: Caribbean Airlines extends heartfelt sympathy to the families and loved ones of the passengers and employees impacted by Ethiopian Airlines flight ET302. We understand that investigations by the relevant authorities are in progress and thecause of this accident remains undetermined at this time. The airline industry…

  • CAL cancels Venezuela flights

    CAL cancels Venezuela flights

    Caribbean Airlines (CAL) on Monday said that it had cancelled all flights to Venezuela on Monday following an electricity blackout that has hit the South American country where the opposition is seeking to force President Nicolas Maduro out of office. In a brief statement, CAL said it had taken the decision “due to no electricity…

  • Pilots, other stakeholders told to support LIAT’s restructuring plan

    Pilots, other stakeholders told to support LIAT’s restructuring plan

    The Heads of Government from five Caribbean countries have agreed that the restructuring plan which was designed by the Caribbean Development Bank (CDB) a year ago for regional airline LIAT must be implemented to ensure the future survival of the cash-strapped carrier. This was the consensus reached following an emergency meeting in St. Vincent 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]