Antigua Breaking News

Day: January 15, 2021

  • CalvinAir Helicopters assisting with monitoring St. Vincent volcano

    CalvinAir Helicopters assisting with monitoring St. Vincent volcano

    The Caribbean Disaster Emergency Management Agency (CDEMA) Coordinating Unit, has selected CalvinAir Helicopters (CAH) as the top helicopter operator in the Caribbean to carry out the work of assisting scientists with monitoring the La Soufriere volcanic activity in St. Vincent and the Grenadines. According to a recent agency report, this support is extremely urgent to…

  • UN SG’s statement on the Two Millionth death from the COVID-19 pandemic

    UN SG’s statement on the Two Millionth death from the COVID-19 pandemic

    Our world has reached a heart-wrenching milestone:  the COVID-19 pandemic has now claimed two million lives. Behind this staggering number are names and faces:  the smile now only a memory, the seat forever empty at the dinner table, the room that echoes with the silence of a loved one. Sadly, the deadly impact of the…

  • Travel corridors to the UK closed

    Travel corridors to the UK closed

    ALL UK TRAVEL CORRIDORS TEMPORARILY SUSPENDED TO PROTECT AGAINST NEW INTERNATIONAL VARIANTS Emergency measures introduced at the border to be in place for at least one month in order to protect the UK against new variants All international arrivals to the UK from any country (including British and Irish Nationals) must now take a pre-departure…

  • Rastafarian family reserves right to refuse COVID-19 vaccination

    Rastafarian family reserves right to refuse COVID-19 vaccination

    By Curlan Campbell Grenada resident, reggae musician and member of the Rastafarian faith, Johnnie “Black Iron” Williams, said although he is not anti-vaccine, he is sceptical about allowing his family – his wife and 5 children – to become vaccinated against the coronavirus. If vaccination is made mandatory, he is prepared to have his children…

  • Works Ministry to repair Little Creek Bridge

    Works Ministry to repair Little Creek Bridge

    The Ministry of Works will be conducting repairs due to erosion to the damaged Little Creek bridge beginning on Monday. A team from the Roads Department, will replace the existing bridge with a temporary bridge structure. Disruptions will last approximately two days. However, motorists are being advised to utilize the temporary bypass road on the…

  • Double celebration for the Benjamin family

    Double celebration for the Benjamin family

    Antigua and Barbuda’s newest member of the legal profession, Kevon Benjamin, was admitted to the bar at a colourful ceremony held at the High Court on Thursday before Justice Iain Morley, QC. The event, usually a proud moment for the new lawyer and family, took on special significance as it marked forty years to the…

  • World Bank approves US$30M credit for St Lucia’s COVID-19 response, recovery, and resilience

    World Bank approves US$30M credit for St Lucia’s COVID-19 response, recovery, and resilience

    The World Bank Board of Executive Directors approved today the US$30 million Saint Lucia COVID-19 Response, Recovery, and Resilience Development Policy Credit. This quick-disbursing credit aims to help mitigate the negative economic impacts of COVID-19 on the most vulnerable Saint Lucians. It also aims to strengthen the country’s economic recovery from the COVID-19 crisis and…

  • Hayden Walsh Jr unavailable for Bangladesh ODIs after positive COVID-19 test result

    Hayden Walsh Jr unavailable for Bangladesh ODIs after positive COVID-19 test result

    Following PCR tests administered on Wednesday, January 13, Cricket West Indies (CWI) can confirm that Hayden Walsh Jr has tested positive for COVID-19 and will now undergo a period of self-isolation. The Leeward Islands and West Indies leg-spinner, who is asymptomatic, first returned a negative test result on arrival into Bangladesh on the weekend, and…

  • Barbados PM gets first COVID-19 jab

    Barbados PM gets first COVID-19 jab

    Barbados could receive a batch of “emergency” vaccines for frontline workers and the most vulnerable by the end of this month, Prime Minister Mia Mottley has announced, while revealing she and two other ministers have already received a jab. The doses are coming from its order through the global COVAX facility, organised by the World…

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]