Day: August 4, 2020

  • COVID-19 UPDATE: No new cases

    COVID-19 UPDATE: No new cases

    The most recent report received by the Ministry of Health, Wellness and the Environment from the Mount St. John’s Medical Center has revealed no new laboratory confirmed COVID-19 cases in Antigua and Barbuda as of Monday, August, 3 at 6 p.m. Subsequent to the publication of the dashboard on Monday, August 3 with the cut…

  • BREAKING: Man injured in single-vehicle collision on Factory Road

    BREAKING: Man injured in single-vehicle collision on Factory Road

    A male driver was injured in a single-vehicle collision on Factory this evening The extent of his injuries are not immediately known. Eye witnesses say the driver was overtaken by a green Toyota Vitz causing him to lose control of his vehicle. Police and the fire fighters are on the scene. All photos by Angelica…

  • Beirut blast: Dozens dead and thousands injured, health minister says

    Beirut blast: Dozens dead and thousands injured, health minister says

    A large blast in the Lebanese capital, Beirut, has killed at least 27 people and injured more than 2,500 others, the health minister says. It is not yet clear what caused the explosion. Videos show smoke billowing from a fire before the blast, which is followed by a mushroom cloud. Hospitals are said to be…

  • Antigua to benefit as UK/US provide EC$200K to Eastern Caribbean Magistrates Courts

    Antigua to benefit as UK/US provide EC$200K to Eastern Caribbean Magistrates Courts

    The UK’s Caribbean Security and Stability Fund (CSSF) has provided EC$200,000 to six countries in the Eastern Caribbean to facilitate remote operations of the Magistrates Courts during the COVID-19 pandemic. The COVID-19 pandemic has forced jurisdictions to implement stringent social distancing rules to lessen the risk of transmitting the virus. These measures have resulted in…

  • LIAT planes flown to Grenada for ‘safe-keeping’

    LIAT planes flown to Grenada for ‘safe-keeping’

    Several LIAT aircraft were flown to Grenada for “safe-keeping” as Antigua and Barbuda was under a potential storm threat last week. The Cabinet of Antigua and Barbuda says moving the aircraft out of the passage of a storm “is a requirement of the insurance against loss.” The planes were to have been returned to Antigua…

  • Police provide update on Nigel Christian murder investigation

    Police provide update on Nigel Christian murder investigation

    The Police Administration is assuring the general public that significant progress is being made into the murder investigation of Customs Officer Nigel Christian. Investigators are at the stage of pursuing several useful leads, while at the same time looking at multiple persons of interest. This requires more time and resources; especially if all lines of…

  • UPDATED: Outspoken Vincentian journalist Jerry George dies

    UPDATED: Outspoken Vincentian journalist Jerry George dies

    Outspoken Vincentian journalist Jerry George has died. George hosted the Tuesday edition of his early Early in the Morning with Jerry S. George programme dubbed “Thoughtful Tuesday”. He invited journalist Beverly Sinclair to host this morning’s edition (August 2020) of the program and said he was going to “step out of frame”. This was about…

  • UPDATED: PM implores people to stay away from beaches today

    UPDATED: PM implores people to stay away from beaches today

    My dear people; let’s reason rationally and not argue. We have 21 confirmed active cases of COVID, which we are working assiduously to contain and prevent community spread, in protection of the health of the population. Our people have routinely flocked to the beach on public holidays. Recognizing that the potential beach crowding on public…

  • Barbados drops Antigua from its ‘predetermined travel bubble’

    Barbados drops Antigua from its ‘predetermined travel bubble’

    Barbados has dropped Antigua and Barbuda from its “predetermined travel bubble.” Having recorded 24 new cases of COVID-19 in the last 48 hours, the Ministry of Health and Wellness, in a statement on Monday (August 3), noted that only CARICOM nationals from St Kitts and Nevis, St Lucia, St Vincent and the Grenadines, Dominica, and…

  • PM says July was best month for revenues since COVID outbreak began

    PM says July was best month for revenues since COVID outbreak began

    Government’s decision to reopen the economy has started to pay off, Prime Minister Gaston Brown says. “This last month, July, has been our best revenue month to date and it’s because we’ve actually reopened up the economy,” the Prime Minister announced. “So, whereas before we were struggling and we had just about $30 million, last…

  • US$100 million tourism project coming for Fort James

    US$100 million tourism project coming for Fort James

    Discussions will get underway soon for a major tourism project at Fort James, Prime Minister Gaston Browne says. “We’ll be speaking to Royal Caribbean about developing the whole of Fort James, coming down to Millers, and that will be a US$100 million project,” the Prime Minister announced. “It’s going to be one of the largest…

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]