Antigua Breaking News

Day: July 27, 2021

  • New Liquefied Natural Gas power generation project launched in Antigua

    New Liquefied Natural Gas power generation project launched in Antigua

    History was made in Antigua and Barbuda on Tuesday with the launch of a new Liquefied Natural Gas (LNG) power generation project at Crabbes Peninsula, the first such power plant in the Eastern Caribbean. The project is a joint undertaking of APCL, Eagle and APUA. In Photo: (Left to Right) Eagle LNG’s VP for Government…

  • COVID-19: CDC brings back indoor mask guidance for virus hot spots

    COVID-19: CDC brings back indoor mask guidance for virus hot spots

    (BBC) — Americans living in areas seeing new surges of Covid-19 have been advised to wear masks indoors again – even if they are fully vaccinated. The Centers for Disease Control and Prevention (CDC) made the announcement on Tuesday, citing the spread of the highly contagious Delta variant. There were 89,418 new cases on Monday,…

  • Lovell congratulates new St. Lucia PM and administration

    Lovell congratulates new St. Lucia PM and administration

    July 27, 2021 The Hon. Philip J. Pierre Prime Minister-Elect of St. Lucia On behalf of the United Progressive Party (UPP), I am pleased to offer my sincere congratulations to you, Prime Minister-Elect Pierre, and to the St. Lucia Labour Party on the resounding victory scored in the General Elections held yesterday, July 26. Your…

  • EAG begins developing the Antigua Marine Conservation Programme

    EAG begins developing the Antigua Marine Conservation Programme

    By: Environmental Awareness Group (EAG) Having witnessed the positive conservation impact on the offshore islands that occurs when shifting focus from a single species to the entire ecosystem, the Environmental Awareness Group (EAG) has opted to take the same approach with their long-standing sea turtle project, through the launch of the Antigua Marine Conservation Programme.…

  • Frontier Airlines begins service to Antigua this December

    Frontier Airlines begins service to Antigua this December

    Antigua and Barbuda will welcome the start of year-round service by Frontier Airlines for the upcoming Winter season. The US based, low-cost carrier known for its attractive rates will make its inaugural flight to Antigua on December 4. The service will operate once weekly on Saturdays with flights to Antigua’s V.C. Bird International Airport from…

  • New HIV infections in Antigua and Barbuda lowest in five years

    New HIV infections in Antigua and Barbuda lowest in five years

    (Daily Observer) — The AIDS Secretariat recorded one of the lowest rates for persons contracting the HIV in 2020- a five year low. The interesting statistic was shared by HIV Educator and Counsellor Oswald Hannays yesterday on state media. “At the end of December, the current stats stands at 1,115 persons–692 males, 598 females and…

  • Kareem Charles and Jamal Nelson found with 5 TVs and a play station

    Kareem Charles and Jamal Nelson found with 5 TVs and a play station

    Two men are in custody assisting police with their investigations, after they were found in possession of a number of household items. Police officers attached to the Coolidge Police Station conducted separate searches on the homes of Kareem Charles and Jamal Nelson both of Cedar Grove on Sunday, and found them in possession of five…

  • Indigenous banks fail to Know Your Customer — KYC

    Indigenous banks fail to Know Your Customer — KYC

    Indigenous banks have time only for their expatriate customers whom they don’t know but lend them our grandparents meager savings (accumulated); they loan politically positioned persons, before they would even consider their ordinary customer’s desperate COVID needs. The banks don’t want your land and buildings as collateral, they want cash or guarantees of cash in…

  • 8 new cases of COVID-19 in Antigua and Barbuda

    8 new cases of COVID-19 in Antigua and Barbuda

    The most recent report received by the Ministry of Health, Wellness and the Environment from the Sir Lester Bird Mount St. John Medical Centre has revealed eight (8) new laboratory confirmed COVID-19 cases in Antigua and Barbuda as of Sunday 25th July 2021 at 6pm. Seven (7) of these cases were recorded on the 23rd…

  • Opposition SLP wins landslide victory in St Lucia general election

    Opposition SLP wins landslide victory in St Lucia general election

    The main opposition St Lucia Labour Party (SLP) claimed general election victory Monday as St Lucian voters stuffed their frustration into the ballot boxes and rejected the Allen Chastanet administration after only a one five-year term in office. In addition, voters created history in the Caribbean by electing two independent candidates to the 17-member Parliament,…

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]