Antigua Breaking News

Day: August 3, 2021

  • Another video surfaces with police manhandling resident

    Another video surfaces with police manhandling resident

    ALSO SEE: APPALLING: Former AG appalled by recent video of policeman attempting to arrest woman

  • Jamaica’s Elaine Thompson-Herah completes unprecedented ‘double-double’

    Jamaica’s Elaine Thompson-Herah completes unprecedented ‘double-double’

    Elaine Thompson-Herah confirmed her place among the pantheon of sprint greats as she secured an unprecedented women’s 100m-200m double-double with a sensational victory over the longer distance in Tokyo. The 29-year-old Jamaican surged home in 21.53 seconds, just .19 seconds off Florence Griffith Joyner’s long-standing world record, to back up her individual golds from Rio…

  • New COVID-19 measures implemented in Dominica

    New COVID-19 measures implemented in Dominica

    The Dominica government Tuesday announced a series of new measures aimed at curbing the spread of the coronavirus (COVID-19) pandemic, including a curfew and increased fines for persons not adhering to the Public Health Act as the authorities deal with a cluster of cases arising from two events held recently. “We will be accepting no…

  • Reported COVID-19 outbreak at local resort

    Reported COVID-19 outbreak at local resort

    There are reports of a COVID-19 outbreak at a local resort. Several people who contacted ABN said a number of people at the resort have tested positive for COVID-19 in recent days. Those testing positive include members of the resort’s top management. ABN has not been able to independently verify these reports or the number…

  • UPP Political Leader accepts invitation to St Lucia Cabinet Swearing In Ceremony

    UPP Political Leader accepts invitation to St Lucia Cabinet Swearing In Ceremony

    Political Leader of the United Progressive Party (UPP) Harold Lovell is in St. Lucia to attend the swearing-in ceremony of the new St. Lucia Labour Party (SLP) Cabinet. The invitation was extended by Prime Minister Philip J. Pierre following his party’s resounding victory in the General Elections on July 26. Both Lovell and Pierre worked…

  • Shortage of Women: Nearly 5 million fewer girls to be born worldwide over next 10 years — study

    Shortage of Women: Nearly 5 million fewer girls to be born worldwide over next 10 years — study

    (AFP) — An estimated 4.7 million fewer girls are expected to be born globally in the next 10 years because of sex-selective practices in countries with a cultural preference for male offspring, a trend that could undermine social cohesion in the long term, research showed on Tuesday. The research suggested that the projected shortfall in…

  • Police in Trinidad seize drugs valued at TT$64 million

    Police in Trinidad seize drugs valued at TT$64 million

    The Trinidad and Tobago police Monday said they had detained three people after drugs estimated at more than TT$64 million had been seized during an anti-crime exercise on Sunday. In a statement, the police said that the drugs were found when officers of the South-Western Division Criminal Investigations Department and the Trinidad and Tobago Defence…

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]