Day: June 4, 2020

  • PM’s address to the nation

    PM’s address to the nation

    Fellow Citizens and Residents, As you are aware, we reopened our airport last Monday to regional and international air traffic. An American Airlines flight, piloted by a national of Antigua and Barbuda, will be the first international flight to arrive today at the V.C. Bird International Airport. The passengers on that flight will be, for…

  • 4 law enforcement officers to be charged in Bruce Greenaway’s death

    4 law enforcement officers to be charged in Bruce Greenaway’s death

    One police officer and three soldiers are to be charged with killing Bruce Greenaway. The four could appear in court as soon as tomorrow. The Office of the Director of Public Prosecutions recommended that the police officer and the three soldiers be charged with murder. The charges come on the same day that Greenaway was…

  • British visitors in the Caribbean return to the UK following multi-country repatriation flights

    British visitors in the Caribbean return to the UK following multi-country repatriation flights

    Nearly 600 British visitors returned home to the UK from several islands across the Caribbean, including Antigua and Barbuda, on the latest series of repatriation flights organised by the British Government. The two flights departed from the Grantley Adams International Airport in Barbados for London Heathrow, on June 3 and 4. In the most complex…

  • Region must pull together to save LIAT

    Region must pull together to save LIAT

    Dear Editor: I hesitate to join the ranks of LIAT’s many armchair critics whose countless words of wisdom over the years appear to have had little discernible impact on the fortunes of the struggling regional airline. However, I have come to praise Caesar not to bury him. I cannot help but be enormously impressed by…

  • Antigua and Barbuda announces phased reopening of tourism sector

    Antigua and Barbuda announces phased reopening of tourism sector

    The Government of Antigua & Barbuda has announced a phased approach to the reopening of the country’s tourism and hospitality industry as they prepare to welcome the first guests back on island today. The Ministry of Health, Wellness & The Environment has determined that the country is now ready to reopen the borders to international…

  • Nicholas Augustine, 19, charged in dangerous driving death of Theophilus Dyett, 17

    Nicholas Augustine, 19, charged in dangerous driving death of Theophilus Dyett, 17

    Nicholas Augustine, 19, of Jennings was granted bail in the sum of $20,000 for causing death by dangerous driving. Augustine is accused of causing the death of Theophilus Dyett, 17 of Jennings, on January 10 on Valley Road. Augustine appeared before Magistrate Wason on Wednesday and was ordered to pay a deposit of $5,000 and…

  • After successful test run, it’s all systems go for tonight’s flight

    After successful test run, it’s all systems go for tonight’s flight

    All systems have been thoroughly checked ahead of tonight’s American Airlines flight from Miami. A simulation exercise on Tuesday measured the country’s readiness for its first commercial flights as the V. C. Bird International Airport reopens. Officials say every key area of the operations between arrivals and departure was put to the test. The Antigua…

  • 205 CARICOM nationals who were stranded in the UK return home

    205 CARICOM nationals who were stranded in the UK return home

    Grenada’s Ministry of Foreign Affairs says 21 stranded nationals from the United Kingdom arrived in Grenada last evening on a LIAT flight. The repatriated nationals were part of a larger group of CARICOM nationals, who, through a joint effort of regional governments, left the United Kingdom on a British Airways flight earlier on Wednesday. The…

  • Canada Place is only the beginning. Much more to come says billionaire Calvin Ayre

    Canada Place is only the beginning. Much more to come says billionaire Calvin Ayre

    Slow internet speeds in Antigua and Barbuda is part of a wider infrastructural problem that needs to be addressed, Canadian billionaire Calvin Ayre said Thursday. The Canadian entrepreneur, based in Antigua and Barbuda, said his global headquarters in Antigua — a US$40 million building, which was opened last November — is only just the beginning…

  • Activists picket to mark seventh anniversary of Edda Schenato’s murder

    Activists picket to mark seventh anniversary of Edda Schenato’s murder

    A group of activists took to the streets Wednesday in outrage that Edda Schenato’s killer has been transferred from the prison to a retirement home. After several weeks at the Mount St. John Medical Centre for treatment of a fractured hip, Umberto was sent to the Fiennes Institute, instead of back to Her Majesty’s Prison…

  • Launch of e-Series on COVID-19 Economic Response

    Launch of e-Series on COVID-19 Economic Response

    As the region faces unprecedented levels of unemployment, reduced revenues and loss of foreign direct investment due to the COVID-19 crisis, the United Nations Sub-Regional Team for Barbados and the Eastern Caribbean has launched a strategic programme to support the immediate response, relief and recovery for Eastern Caribbean islands affected by the pandemic. As part…

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]