Antigua Breaking News

Day: March 12, 2021

  • Phase 2 of EU-Funded Housing Project begins on Barbuda

    Phase 2 of EU-Funded Housing Project begins on Barbuda

    Phase 2 of the European Union (EU) funded Housing Support to Barbuda Project has officially commenced. This phase represents the final stage of the €5 million-euro project to repair and rebuild homes that were either destroyed or severely damaged during Hurricane Irma in September 2017. Under the leadership of the Government of Antigua and Barbuda…

  • Antigua records 55 new cases of COVID-19

    Antigua records 55 new cases of COVID-19

    The most recent reports received by the Ministry of Health, Wellness and the Environment from the Mount St. John’s Medical Centre (MSJMC) and the Caribbean Public Health Agency has revealed fifty-five (55) new laboratory confirmed COVID-19 cases in Antigua and Barbuda as of Tuesday 9th March 2021 at 6pm. These new cases were as a…

  • Kendra Beazer will have access to medical staff while incarcerated

    Kendra Beazer will have access to medical staff while incarcerated

    The County of Northampton Department of Corrections has assured Antigua and Barbuda’s Ambassador to the United States, Sir Ronald Sanders, that Kendra Beazer will have access to medical staff while incarcerated. Sanders has been in discussions with stateside authorities regarding the case of the Barbuda Council member who was arrested after apparently assaulting several police…

  • Will regional unity be forever lost to the Caribbean?

    Will regional unity be forever lost to the Caribbean?

    By Sir Ronald Sanders  Several editorials in respected newspapers as well as blogs by influential persons in the region are, once again, expressing deep concern about CARICOM, particularly over its lack of unity in international affairs and the failure of its leaders to implement their own decisions regarding the single market.  This has led a…

  • Brathwaite replaces Holder as West Indies Test Captain

    Brathwaite replaces Holder as West Indies Test Captain

    Cricket West Indies (CWI) has announced that Kraigg Brathwaite will replace Jason Holder as the West Indies Test Captain. Brathwaite, who has previously led the team in seven Tests whilst deputizing for Holder, including the recent 2-0 Test Series win away to Bangladesh, becomes the 37th Test Captain of the West Indies. Holder, the current…

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]