Antigua Breaking News

Day: November 16, 2020

  • Flash flood watch in effect until midnight

    Flash flood watch in effect until midnight

    The Antigua and Barbuda meteorological service has issued a flash flood watch for flash-flood prone areas of Antigua and Barbuda. The flash flood threat level is moderate and there is the potential for significant impacts in the watch area. To be safe, implement you flood plan. Timing: until midnight tonight. Synopsis: satellite images and observations…

  • Flash flood advisory for Antigua and Barbuda

    Flash flood advisory for Antigua and Barbuda

    The Antigua and Barbuda meteorological service has issued a flash flood advisory for minor flooding of flash-flood prone areas of Antigua and Barbuda. No immediate preparations needed; little to no flood impacts anticipated. The met service will continue to monitor for any changing weather conditions. Timing: until 8 pm tonight. Synopsis: satellite images and observations indicate…

  • APC breaks silence on employee who died from COVID-19

    APC breaks silence on employee who died from COVID-19

  • AVIATION – Rising against the wind

    AVIATION – Rising against the wind

    By Makeda Mikael For the second time I plan to retire from active Aviation. When I was sixty I established my dream FBO 2000 Antigua Ltd. as a what I thought would be a pre-retirement six month business only to find myself working full-time with a growing full-service FBO and the second largest movement Operator…

  • Staff cuts at Observer Newsco

    Staff cuts at Observer Newsco

    Newsco, owners of the Daily Observer and Observer Radio is laying off staff. A company source says approximately seven staff, mainly from the news department had their last day on Friday. The company has also warned of more cuts as its financial position cannot support the payroll. Newsco, now managed  Alrgernon ‘Serpent’ Watts and Dave…

  • Canada’s top court to hear enforcement dispute in HMB case

    Canada’s top court to hear enforcement dispute in HMB case

    The Supreme Court of Canada has granted leave in H.M.B. Holdings Limited v Attorney General of Antigua and Barbuda. Information about the appeal is available here. The decision being appealed, rendered by the Court of Appeal for Ontario, is available here. In the usual course the appeal will be heard in the late spring or early fall of…

  • Moderna: COVID vaccine shows nearly 95% protection

    Moderna: COVID vaccine shows nearly 95% protection

    A new vaccine that protects against Covid-19 is nearly 95% effective, early data from US company Moderna shows. The results come hot on the heels of similar results from Pfizer, and add to growing confidence that vaccines can help end the pandemic. Both companies used a highly innovative and experimental approach to designing their vaccines.…

  • 254 people in quarantine; 3 active cases of COVID-19

    254 people in quarantine; 3 active cases of COVID-19

    The Ministry of Health, Wellness and the Environment has received no new reports from the Mount St. John’s Medical Center (MSJMC) or the Caribbean Public Health Agency (CARPHA) as of Saturday 14th November 2020. Consequently, the total number of persons with laboratory confirmed COVID-19 cases in Antigua and Barbuda remains at one hundred and thirty-four…

  • PM says he will take COVID-19 vaccine first

    PM says he will take COVID-19 vaccine first

    Prime Minister Gaston Browne says he has no problem with being the first person in Antigua to take the COVID vaccine. “I will avail myself as the first recipient of the vaccine in order to encourage Antiguans and Barbudans to do likewise,” he stated. “If other countries are doing it and then they normalise, then…

  • Council maintains Barbuda lands are not for sale

    Council maintains Barbuda lands are not for sale

    The Barbuda Council is remaining steadfast in its effort to retain the system of communal land ownership on the sister island. The local governing body says that the land sale matter, which is currently being litigated, remains unsettled and anyone expressing interest in lands without the consent of the people and the council will not…

  • ‘Sun sea safe’ badge launched for tourism sector businesses

    ‘Sun sea safe’ badge launched for tourism sector businesses

    The Antigua and Barbuda Ministry of Tourism, Antigua and Barbuda Tourism Authority (ABTA), and Antigua Barbuda Hotels and Tourism Association (ABHTA) has announced the tagline ‘Sun Sea Safe’ for the destination’s Covid-19 certification program.  ‘Sun Sea Safe’ will feature prominently on an attractive new badge created by the Antigua and Barbuda Tourism Authority for tourism…

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]