Antigua Breaking News

Day: May 17, 2020

  • Man, woman injured in crash at Buckley Line

    Man, woman injured in crash at Buckley Line

    A man and a woman were injured in a vehicular accident at Buckley Line this evening. Reports reaching 268 TODAY are that a Nissan Almera and another vehicle were travelling in opposite directions. Something reportedly flew from the second vehicle hitting the Almera, causing the driver to lose control and slammed into a tree. Emergency…

  • PM touts the benefits of ‘practically free health care in Antigua and Barbuda

    PM touts the benefits of ‘practically free health care in Antigua and Barbuda

    Antigua and Barbuda is one of the best places to live right now, especially for people in need of health care during the COVID-19  pandemic. It’s something Prime Minister Gaston Browne is hoping residents will come to appreciate. “Let us not forget, here in Antigua and Barbuda, unlike other countries, for about 11 different ailments,…

  • Commercial building under construction gutted by fire

    Commercial building under construction gutted by fire

    For more than five hours today, firefighters battled a massive blaze at a warehouse building on the Blue Waters main road. The fire started just before 1 p.m. at the building, which is in the vicinity of North Coast Hardware. Fire Chief Elvis Weaver said gaining access to the building was very difficult because of…

  • PM disappointed with low uptake at EDF where millions of dollars are available

    PM disappointed with low uptake at EDF where millions of dollars are available

    Prime Minister Gaston Browne has expressed disappointment at the low number of residents making use of monies available at the Entrepreneurial Development Fund (EDF). The Prime Minister said his administration has gone above and beyond to provide concessions and funding to help Antiguans and Barbuans find their entrepreneurial footing. “We have, for example, the Entrepreneurial…

  • Jamaican media mogul Oliver Clarke dies at 75

    Jamaican media mogul Oliver Clarke dies at 75

    Oliver Frederick Clarke, the media mogul who stood at the helm of The Gleaner as chairman and managing director for more than four decades, has died. Clarke died on Saturday at 9:45 p.m at his St Andrew home, ending his battle with cancer. He was 75. Months before his passing, Clarke stepped down as the…

  • Jamaica appoints Honorary Consul to Antigua and Barbuda

    Jamaica appoints Honorary Consul to Antigua and Barbuda

    High Commissioner for Jamaica to Antigua and Barbuda Arthur Williams, has announced that the Government of Jamaica has appointed Onika Campbell, a young businesswoman, multi award-winning journalist and former journalism lecturer to the prestigious office of Honorary Consul to Antigua and Barbuda. The post became vacant in 2012 following the resignation of Attorney at Law,…

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]