Antigua Breaking News

Day: October 24, 2020

  • Antigua-Dominica to be LIAT’s first route on flight resumption

    Antigua-Dominica to be LIAT’s first route on flight resumption

    Regional airline LIAT is set to resume commercial passenger travel on November 1, with a flight between Antigua and Dominica marking the first since passenger flights were suspended in April. The seven-month freeze was as a result of the ongoing Covid-19 pandemic, which forced practically all countries within the region – and most of LIAT’s…

  • This time next year water rationing should be a thing of the past

    This time next year water rationing should be a thing of the past

    Minister of Agriculture Samantha Marshall led a delegation to visit a new Reverse Osmosis Plant (RO Plant) at the  Ffryes Beach location, which when installed, will help to build capacity in water supply to farmers in St. Mary’s South, an area which is usually well known for farming. “Traditionally, we are a small farmers` area…

  • Bar worker possibly exposed more than 100 patrons to COVID

    Bar worker possibly exposed more than 100 patrons to COVID

    A female bar worker will likely face charges for breaching COVID-19 protocols after going to work after testing positive for coronavirus. “I want to highlight specifically a case where a young lady who should have been in isolation, she was positive, but yet she left her home and went to work in a bar,” Health…

  • Jahfari Joseph-Hazelwood in commonwealth competition finals

    Jahfari Joseph-Hazelwood in commonwealth competition finals

    Aantigua and Barbuda is abuzz with excitement and a national outpouring of support for Jahfari Joseph-Hazelwood who is among 11 finalists in the commonwealth composition challenge. In a competition, which attracted participation from hundreds of applicants, there are three awards at stake: The 2020 commonwealth composition challenge, which will be decided by the panel of…

  • Gov’t issues new Travel Advisory

    Gov’t issues new Travel Advisory

    The Government of Antigua and Barbuda has updated its travel advisory effective immediately to ensure the continued safety of travellers and residents. The V.C. Bird International Airport is open for international and regional air traffic. The Antigua Port Authority is open to Cargo Vessels, Pleasure Craft and Ferry Services which are required to follow all…

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]