Antigua Breaking News

Day: July 6, 2021

  • Browne urges CARICOM to press gas on integration

    Browne urges CARICOM to press gas on integration

    New chairman of the Caribbean Community (CARICOM), Gaston Browne, is pushing fellow members of the regional bloc to urgently advance the integration process or run the risk of being left behind. In his first address as chairman to the 42nd Regular Meeting of the Conference of Heads of Government, which was held online, Browne said…

  • Police investigate alleged wounding

    Police investigate alleged wounding

    Police are conducting further investigations into an alleged wounding incident involving two men near the Big Creek Bridge on Tuesday, July 6. It was reported that around 3 pm, both a 19-year-old and 23-year old of Golden Grove and Golden Grove New Extension respectively, got into an altercation that led to the younger of the…

  • ‘Pay former LIAT workers severance. It’s the law’

    ‘Pay former LIAT workers severance. It’s the law’

    The repeated pleas of retrenched LIAT workers to be paid their severance have gained strong support from Antigua and Barbuda’s Opposition Leader Harold Lovell. Lovell, a former Minister of Civil Aviation in the 2004-2014 Baldwin Spencer administration criticised Prime Minister Gaston Browne for his treatment of severance pay for the ex-LIAT employees from Barbados and…

  • CARICOM Chair praises creation of regional institutions; wants Community to ‘breathe again’

    CARICOM Chair praises creation of regional institutions; wants Community to ‘breathe again’

    As the Caribbean Community (CARICOM) continues to confront challenges on several fronts, Chairman, Prime Minister Gaston Browne, is lauding the establishment of several institutions which are at the forefront of the Region’s responses. In an address to the opening of the Forty-Second Meeting of the Conference of Heads of Government of CARICOM on Monday, July…

  • 4 UWI Press books recognised by international publishing awards

    4 UWI Press books recognised by international publishing awards

    The University of the West Indies Press (UWI Press) is pleased to announce that four of its published books have recently earned recognition by international publishing awards. On June 9, two UWI Press books were announced among the bronze medallists when the Independent Publisher Book Awards (IPPY Awards) declared its annual winners. Beyond Homophobia: Centring…

  • Extension of time for publication of register of electors

    Extension of time for publication of register of electors

    The Antigua and Barbuda Electoral Commission wishes to advise the General Public that there has been a delay in the publication of the Register of Electors, statutorily due on June 30th, 2021. The reason for the delay in the publication of the Register of Electors as statutorily required, is due to a technical glitch in…

  • Former British overseas territory First Minister groomed and sexually abused 5 girls

    Former British overseas territory First Minister groomed and sexually abused 5 girls

    A former First Minister of the British overseas territory of Montserrat has been convicted of sexually exploiting five girls including two 13 year olds. David Brandt, aged 78, groomed the girls by giving them money, phone credit and used one girl, aged 15, to recruit others to abuse. A joint investigation by the Royal Montserrat…

  • ECCB records net profit of $25.2M for year ended 31 March 2021

    ECCB records net profit of $25.2M for year ended 31 March 2021

    The Eastern Caribbean Central Bank (ECCB) recorded a net profit of $25.2 million for the year ended March 31, 2021, a 60.1 per cent decrease from the profit reported in the prior year. The Bank’s Annual Report and Statement of Accounts for the financial year ended 31 March 2021, which was published on 30 June,…

  • St Kitts and logs 25 more cases of COVID-19

    St Kitts and logs 25 more cases of COVID-19

    The Ministry of Health’s robust contact tracing continues to identify new cases of COVID-19 with 25 positive results within the last 48 hours and no recovered case. St. Kitts & Nevis COVID-19 Situation Report No. 466 as of Monday, July 05, states that the total number of confirmed cases now stands at 515. There are…

  • Jolly Hill, Blubber Valley and Christian Valley Streamline Rehabilitation Project well on the way

    Jolly Hill, Blubber Valley and Christian Valley Streamline Rehabilitation Project well on the way

    After the heavy rains last November which caused the severe flooding of the Radio Lighthouse and West Palm Beach areas, this catastrophe became a national concern. Almost immediately after this disaster,  a rehabilitation project of the waterways began near the south main road and surrounding areas by the Public Works Department (PWD). The Ministry of…

  • Rotaract Club installs new Board of Directors

    Rotaract Club installs new Board of Directors

    On Sunday, July 4,  the Rotaract Club of Antigua officially installed its new executive board for the upcoming  year 2021-2022. Immediate Past President (IPP), Ti-anna Harris handed over the reins of the youth service organization to Ashlee Christian, as the club’s 35th President. In her remarks, IPP Harris, who served two consecutive terms as President,…

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]