Antigua Breaking News

Day: May 31, 2021

  • 1 new case of COVID-19; Active cases down to 5

    1 new case of COVID-19; Active cases down to 5

    The most recent reports received by the Ministry of Health, Wellness and the Environment from the Sir Lester Bird Mount St. John Medical Centre and the Caribbean Public Health Agency (CARPHA) revealed one (1) new laboratory confirmed Covid-19 case in Antigua and Barbuda as of Saturday 29th May 2021 at 6pm. No new cases were…

  • Two additional vaccination centers this week

    Two additional vaccination centers this week

    The Ministry of Health, Wellness, and the Environment announces that two additional public vaccination centers will open on Monday through to Wednesday this week (Monday 31st May to Wednesday 2nd June) offering the 2nd dose of the COVID-19 vaccination. These vaccination centers are located at the St. Mary’s Hall commonly known as the Tyrells Roman…

  • Antigua and Barbuda prepares for increase in air arrivals

    Antigua and Barbuda prepares for increase in air arrivals

    CABINET NOTES: The Minister of Tourism made several forecasts about the number of passengers who are likely to enter Antigua and Barbuda for leisure. One carrier anticipates that their line will bring 200,000 cruise passengers between June and December 2021. Antigua will be required to establish a kind of bubble for disembarking cruise passengers, such…

  • Government wants an Early Childhood Education Center in every village

    Government wants an Early Childhood Education Center in every village

    CABINET NOTES: The Cabinet discussed the possibility of placing an Early Childhood Education Center in every village. This is not unlike the May 1946 ABLP Manifesto which promised a primary school in every village, in order to make formal education available to all children. The Cabinet agreed that the Early Childhood Education Centers will help…

  • Government agencies to move into ADOMS building

    Government agencies to move into ADOMS building

    CABINET NOTES: The Cabinet invited the Permanent Secretary in the Ministry of Finance, who also serves as the Chairman of the Tenders Board, to provide greater clarity on the Procurement Act which comes into effect on Tuesday, June 1, 2021, replacing The Tenders Board Act. Regulations were also being tweaked based on the successes of…

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]