Antigua Breaking News

Day: December 3, 2020

  • Ottos Comprehensive student hospitalized after attack by other students

    Ottos Comprehensive student hospitalized after attack by other students

    An Ottos Comprehensive student was reportedly hospitalized Thursday evening after allegedly being injured in an attack by fellow students. The incident happened on the streets after the students had left classes for the day. Initial reports suggest the student was attacked by several of his peers. The extent of his injuries remains unclear. School officials…

  • Daniel ‘Bakka’ Bailey: The government did not contribute to my career, here is the truth

    Daniel ‘Bakka’ Bailey: The government did not contribute to my career, here is the truth

    For Antigua & Barbuda to produce more elite athletes, there needs to be more financial support and programs. The lack of support isn’t unique to me because it extends to the entire sporting community. I’m speaking up now because I want to let local athletes know they aren’t alone. Since I was 18, I’ve had…

  • COVID-19 Update: One new recovery

    COVID-19 Update: One new recovery

    The most recent report received by the Ministry of Health, Wellness and the Environment from the Mount St. John’s Medical Center (MSJMC) has revealed no new laboratory confirmed COVID-19 cases in Antigua and Barbuda as of Tuesday 1st December 2020 at 6pm. Subsequent to the publication of the dashboard on Tuesday 1st December November 2020…

  • VIDEO: PM addresses protesting pensioners

    VIDEO: PM addresses protesting pensioners

    A group of more than 50 outraged pensioners are pleading for the payment of monies owed to them for the past two months. They gathered across from the Prime Ministers Office on Queen Elizabeth Highway this morning with signs that read “Gaston go now.” Prime Minister Gaston Browne attempted to quell the situation by explaining…

  • Asot Michael Improves School System in Antigua and Barbuda

    Asot Michael Improves School System in Antigua and Barbuda

    By David Jackson When Asot Michael was born in December 1969, he had no idea just how deeply ingrained political activism would influence his life. He was born in Guadalupe, French West Indies to a family that was already heavily active on the political front. His grandfather, for whom he was named after, dealt with…

  • INTERPOL warns of organized crime threats to COVID-19 vaccines

    INTERPOL warns of organized crime threats to COVID-19 vaccines

    INTERPOL has issued a global alert to law enforcement across its 194 member countries warning them to prepare for organized crime networks targeting COVID-19 vaccines, both physically and online. The INTERPOL Orange Notice outlines potential criminal activity in relation to the falsification, theft and illegal advertising of COVID-19 and flu vaccines, with the pandemic having…

  • Every political party needs a maverick

    Every political party needs a maverick

    By Makeda Mikael Every political party needs a maverick. That someone pulls the chestnuts and other nuts out of the fire and finds the money for the campaign no questions asked. Most parties lose elections because their maverick is removed by suffering and or death, because party mavericks become intertwined in the very blood of…

  • Pensioners protest outside PM’s office

    Pensioners protest outside PM’s office

    Well over 100 pensioners on Thursday registered their protest outside the Prime Minister’s Office over the none payment of pensions. This is a developing story…

  • Cabinet welcomes back AG; bemoans absence of Michael Browne

    Cabinet welcomes back AG; bemoans absence of Michael Browne

    Cabinet Notes: The Cabinet welcomed back to their meeting the Attorney General who chose to participate by Skype. He reported that his recovery is nearly 100 per cent, and that he is working effectively from his home. The Cabinet bemoaned the absence of the former Minister of Education; his colleagues repeated their pledge to give…

  • Parliament to impose fines on passengers arriving without negative PCR COVID test

    Parliament to impose fines on passengers arriving without negative PCR COVID test

    Cabinet Notes: The Cabinet reiterated its planned alteration of the curfew restrictions during the Christmas and New Year’s holidays. Churches are allowed to hold services past midnight, until 1:00 am on Christmas Eve and Old Year’s Night. Restaurants and hotels are allowed the same. Shopping on Christmas Eve will end early, although the 11:00 pm curfew…

  • Antigua acquires Industrial freezers to store COVID-19 vaccines

    Antigua acquires Industrial freezers to store COVID-19 vaccines

    Cabinet Notes: The Minister of Health provided the Cabinet with an update on the novel Coronavirus vaccine which is closer to being mass-distributed in several developed countries, including the U.K., the USA, Russia, China and the European Union. Antigua and Barbuda through the COVACS arrangement has already paid for 20,000 vials of vaccine, although it…

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]