Day: June 17, 2021

  • Small craft advisory in effect for Antigua & Barbuda

    Small craft advisory in effect for Antigua & Barbuda

    Urgent – Marine Weather Message Small craft advisory in effect for Antigua, Barbuda, Montserrat, St Kitts, Nevis, Anguilla and the British Virgin Islands. Locations to be affected: Mainly open waters on the Atlantic or eastern sides of the island. Timing: Until Friday morning. Synopsis: A combination of wind waves and wind swells are causing hazardous…

  • Revive collaborates with University of Health Sciences Antigua to pioneer clinical research of psychedelics

    Revive collaborates with University of Health Sciences Antigua to pioneer clinical research of psychedelics

    Revive Therapeutics Ltd., a specialty life sciences company focused on the research and development of therapeutics for medical needs and rare disorders, is pleased to announce it has entered into an agreement with the University of Health Sciences Antigua (“UHSA”) to collaborate on utilizing Revive’s novel psychedelic-assisted therapies and pioneering the clinical research and development…

  • Brownie’s Bakery driver who crashed into nine people on Market Street apologises to victims

    Brownie’s Bakery driver who crashed into nine people on Market Street apologises to victims

    The Brownie’s Bakery driver who injured nine people during a mid-afternoon crash on April 14 has issued a public apology to the victims. Police reportedly said they would not charge Claudius Richards, who lost control of a minivan after suffering a medical emergency and losing consciousness. He reportedly had the medical condition since age 17…

  • Fresh charges for Mehul Choksi in India

    Fresh charges for Mehul Choksi in India

    Fresh charges for Mehul Choksi in India

  • Female customs officers benefit from regional Drug Investigation training

    Female customs officers benefit from regional Drug Investigation training

    Customs Officers here in Antigua and Barbuda recently joined their counterparts from throughout the region in participating in a recently completed two week Drug Investigation training. Two officers from the Antigua and Barbuda Customs and Excise Division participated in the May 31st – June 11th training initiative organised jointly by the Regional Security System (RSS)…

  • IMF board gives Barbados its blessing to continue borrowing

    IMF board gives Barbados its blessing to continue borrowing

    The International Monetary Fund (IMF) believes it is “appropriate” for Government to continue borrowing given its worse-than-anticipated revenue losses and the need to support spending on public health and social protection. The IMF executive board yesterday concluded the fifth review under the IMF’s Extended Arrangement under the Extended Fund Facility for Barbados, clearing the way…

  • Department of Environment secures grant to improve water security

    Department of Environment secures grant to improve water security

    The Department of Environment has secured a grant totalling US$250,000 under the Adaptation Fund to implement the “Innovative Technologies for Improved Water Availability to Increase Food Security in Antigua and Barbuda Project”, also known as the “AF Innovation Project.” The project aims to utilize sustainable technology to improve food security in Antigua and Barbuda by…

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]