Day: June 30, 2021

  • West Indies Women go 1-0 up in CG Insurance T20 International Series

    West Indies Women go 1-0 up in CG Insurance T20 International Series

    West Indies Women ensured that Head Coach Courtney Walsh finished his maiden T20 International in charge of the team with a victory, defeating Pakistan Women by 10 runs in the CG Insurance T20 International Series at the Sir Vivian Richards Cricket Ground in Antigua. Player of the Match Shamilia Connell told CWI Media that “It’s…

  • West Indies name 13-member squad for 4th CG Insurance T20 International

    West Indies name 13-member squad for 4th CG Insurance T20 International

    The Cricket West Indies Selection Panel today named the 13-member squad for the fourth CG Insurance T20 International (T20I) against South Africa. The match will be played at the Grenada National Stadium on Thursday, July 1 with the first ball at 2pm (1pm Jamaica Time). Left-arm spinner Akeal Hosein has been named in the squad…

  • World Bank approves US$6M in additional financing for COVID-19 response and vaccines in Guyana

    World Bank approves US$6M in additional financing for COVID-19 response and vaccines in Guyana

    The World Bank approved today US$6 million in additional financing for the Guyana COVID-19 Emergency Response Project to support affordable and equitable access to COVID-19 vaccines and ensure effective vaccine deployment in Guyana. The project will also support general preparedness, resilience, and overall health system strengthening. “An efficient and equitable rollout of COVID-19 vaccines will be critical…

  • Several Islands in the Caribbean placed under Tropical Storm Watch

    Several Islands in the Caribbean placed under Tropical Storm Watch

    5 P.M Update: The Meteorological Service of Barbados has issued a Tropical Storm Watch for Barbados, St. Vincent, and the Grenadines. The Meteorological Service of St. Lucia has issued a Tropical Storm Watch for St. Lucia. The Government of France has issued a Tropical Storm Watch for Martinique. SUMMARY OF WATCHES AND WARNINGS IN EFFECT:…

  • Tropical Cyclone possible with Tropical Disturbance AL 97

    Tropical Cyclone possible with Tropical Disturbance AL 97

    The Antigua and Barbuda Meteorological Office is closely following the progress of Tropical Disturbance AL97 which it says could be a tropical cyclone in 48 hours and be in our area Friday/Saturday as a strong tropical storm or hurricane. According to a statement released this afternoon, residents are advised to have their hurricane disaster plans…

  • Virgin Atlantic teams up with Open for Business to show economic cost of LGBT+ discrimination in the Caribbean

    Virgin Atlantic teams up with Open for Business to show economic cost of LGBT+ discrimination in the Caribbean

    New research shows LGBT+ discrimination costs up to $4.2 Billion a year in 12 English-Speaking Caribbean Countries – as much as 5.7% of annual GDP. Tourism in the Caribbean is hit by LGBT+ discrimination – an annual loss of 0.93% of its regional GDP, or up to $689 million. Brain drain: LGBT+ skilled workers migrate to more open societies,…

  • Fishermen Lester Small and Leon Sears still missing at sea

    Fishermen Lester Small and Leon Sears still missing at sea

    On Friday, 25 June 2021, at 10:12 am, the Antigua Barbuda Defence Coast Guard (ABDF CG) alerted by a third party of an overdue vessel. Forty-nine-year-old Lester Small of Johnsons Village and fifty-six-year-old Leon Sears of Cashew Hill reportedly left Parham Harbour aboard Fishing Vessel (F/V) EDEN at 09:30 am on Wednesday 23 June 2021…

  • Missing child found

    Missing child found

    The Royal Police Force of Antigua and Barbuda’s Office of Strategic Communications has advised 11-year old Brandon Farrell has been found. Farrell was found in the Villa area and is said to be in good health. The boy had been reported missing after not being seen since early Monday. He has since been relocated with…

  • BREAKING: Bill Cosby’s sexual assault conviction overturned by Pennsylvania court

    BREAKING: Bill Cosby’s sexual assault conviction overturned by Pennsylvania court

    Pennsylvania’s highest court overturned Bill Cosby’s sex assault conviction Wednesday after finding an agreement with a previous prosecutor prevented him from being charged in the case. Cosby has served more than two years of a three- to 10-year sentence at a state prison near Philadelphia. He had vowed to serve all 10 years rather than…

  • LETTER: Outrage over planned swingers event at Hodges Bay Resort

    LETTER: Outrage over planned swingers event at Hodges Bay Resort

    DEAR EDITOR: I am a Christian woman with two small children and I am outraged at our community for allowing a swingers event to taint our hearts, souls and children. I was shopping and overheard hotel staff discussing a swingers event that is coming to our small community. I am a mother and it is…

  • CARICOM requested to intervene in Mehul Choksi kidnapping case

    CARICOM requested to intervene in Mehul Choksi kidnapping case

    Justice Abroad’s Director and London-based international barrister Michael Polak is acting for Mehul Choksi as part of his legal team. This case, where Choksi, an Antiguan citizen, was lured to a Villa in Antigua, then attacked and beaten, bound and gagged, tied to a wheelchair, then transported out to sea and onwards to Dominica is…

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]