Antigua Breaking News

Day: August 2, 2021

  • PM responds to UPP’s lies about corruption, diaspora bullies and fake profiles in ABN post

    PM responds to UPP’s lies about corruption, diaspora bullies and fake profiles in ABN post

    Prime Minister Gaston Browne has responded to an Antigua Breaking News (ABN) post in which he is accused by UPP Political Leader Harold Lovell of being only concerned about himself. Below is the Prime Minister’s response, which was made on ABN’s Facebook Page: Other Sir Vere, no other leader has empowered the people like Gaston…

  • Schools in US state offer US$1,000 bonus to vaccinated staff

    Schools in US state offer US$1,000 bonus to vaccinated staff

    AFP — Schools in a county in the southeastern US state of Georgia will pay US$1,000 bonuses to staff who are vaccinated against COVID-19 in a bid to protect themselves from the resurgent pandemic, authorities said. With that incentive county officials said they hope to avoid the “numerous disruptions that were encountered in public education…

  • Millions put into lockdown in China amid new virus outbreak

    Millions put into lockdown in China amid new virus outbreak

    Millions of people have been placed back into lockdown in China as the country tries to contain its largest coronavirus outbreak in months with mass testing and travel curbs. The country reported 55 new locally transmitted coronavirus cases today as an outbreak of the fast-spreading Delta variant reached over 20 cities and more than a…

  • Lindsey Graham tests positive for COVID-19, says he’s ‘very glad’ he was vaccinated

    Lindsey Graham tests positive for COVID-19, says he’s ‘very glad’ he was vaccinated

    South Carolina Sen. Lindsey Graham on Monday revealed that he contracted COVID-19 despite being vaccinated — in a “breakthrough” case as the more contagious Delta variant of the virus spreads. Graham, the top Republican on the Senate Budget Committee, said in a statement that he has mild flu-like symptoms. “I was just informed by the…

  • U.S. Study concludes vaccinated people can carry as much virus as others

    U.S. Study concludes vaccinated people can carry as much virus as others

    (Associated Press) — In another dispiriting setback for the nation’s efforts to stamp out the coronavirus, scientists who studied a big COVID-19 outbreak in Massachusetts concluded that vaccinated people who got so-called breakthrough infections carried about the same amount of the coronavirus as those who did not get the shots. Health officials on Friday released…

  • Lewis Hamilton fears he has long COVID

    Lewis Hamilton fears he has long COVID

    Though he retook the points lead from Formula One championship rival Max Verstappen, Lewis Hamilton disclosed after finishing second Sunday that he still might be battling another nemesis: COVID-19. The seven-time F1 champion was treated by his team’s doctor for suffering from fatigue and mild dizziness after the Hungarian Grand Prix. Hamilton struggled to catch…

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]