Antigua Breaking News

Day: August 12, 2021

  • Tropical Cyclone Alert in effect

    Tropical Cyclone Alert in effect

    The current disturbance, Al95 has an over a 70 per cent chance of becoming a tropical cyclone that is likely to affect the Leeward Islands and the British Virgin Islands. The National Hurricane Center (NHC) says environmental conditions are expected to become more conducive for additional development, and a tropical depression is likely to form…

  • Are people in the Caribbean becoming architects of their own destruction?

    Are people in the Caribbean becoming architects of their own destruction?

    By Sir Ronald Sanders (The writer is Antigua and Barbuda’s Ambassador to the United States and the Organization of American States.   He is also a Senior Fellow at the Institute of Commonwealth Studies at the University of London and Massey College in the University of Toronto.  The views expressed are entirely his own) The…

  • Cocaine found on CAL aircraft in Miami

    Cocaine found on CAL aircraft in Miami

    Millions of dollars’ worth of cocaine was found on board a Caribbean Airlines plane. The find was made at the Miami international airport on Tuesday morning. The flight came from Guyana to Trinidad and then left for Miami. It is then upon arrival at the airport, approximately 6.5 kilogrammes of cocaine was discovered on the…

  • Police seize drugs at airport

    Police seize drugs at airport

    The Police and Customs have seized More than one million dollars’ worth of drugs, during an operation at the V.C. Bird International Airport on Wednesday.. Both law enforcement agencies were conducting a routine inspection at Liat Cargo when a total of ninety-one pounds of Cannabis was discovered inside two containers. The illegal substance, which carries…

  • 17,550 doses of Pfizer vaccine arrive in Antigua

    17,550 doses of Pfizer vaccine arrive in Antigua

    The Ministry of Health, Wellness and the Environment received 17,550 doses of the Pfizer vaccine from the United States Government facilitated by the Caribbean Public Health Agency (CARPHA). Health Minister Sir Molwyn Joseph and Foreign Affairs Minister, E. P Chet Greene received the donation on behalf of the Government of Antigua and Barbuda, which were…

  • Grenada’s Ministry of Health receives confirmation of Delta variant

    Grenada’s Ministry of Health receives confirmation of Delta variant

    The Ministry of Health on Thursday confirmed that three of the COVID-19 cases recorded in Grenada in recent weeks, are the Delta variant. The samples were collected on July 26, from arriving passengers from the United States and sent to the Caribbean Public Health Agency (CARPHA) for testing. The cases include a 48-year old male…

  • Bar Association examines ‘public demonstrations in a state of emergency’

    Bar Association examines ‘public demonstrations in a state of emergency’

    Following the recent civil unrest which occasioned the use of the police riot squad and tear gas, the Antigua and Barbuda Bar Association  will hold a special edition of Bar Talk on state television this evening, Thursday 12th August at 8. The topic to be discussed is: PUBLIC DEMONSTRATIONS IN A STATE OF EMERGENCY. Attorneys-at-Law…

  • BREAKING: IMF Executive Board Concludes 2021 Article IV Consultation with Antigua and Barbuda

    BREAKING: IMF Executive Board Concludes 2021 Article IV Consultation with Antigua and Barbuda

    On July 28, 2021, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Antigua and Barbuda. Antigua and Barbuda has been hit hard by the global pandemic. The domestic lockdown and border closure in early 2020 prompted a collapse of tourism-related activities. The economy contracted by an estimated 17.3 percent…

  • 31 Royalton Hotel employees test positive for COVID-19

    31 Royalton Hotel employees test positive for COVID-19

    CABINET NOTES: The Cabinet was informed by the Minister of Health and Wellness that all 500 employees of the Royalton Hotel were tested for the Covid-19 virus. The results revealed that 31 employees tested positive; contact-tracing continues to determine if any employee may have infected family members and others with whom they came into contact.…

  • Gonsalves will continue to walk to Parliament

    Gonsalves will continue to walk to Parliament

    Prime Minister Dr. Ralph Gonsalves Wednesday said both common law and statue laws allow for a Member of Parliament to have the right of “unhindered access” to, and egress from, Parliament and its precincts. “I for one will never allow the crazies and their fellow-travellers to hinder or impede my access to Parliament.  I will…

  • Book of Condolence opens at Office of the Prime Minister

    Book of Condolence opens at Office of the Prime Minister

    “Sir Lester’s contribution to the socio-economic development of our country is second only to his late father, Sir Vere. “I trust that the sterling contributions of Sir. Lester to our country will help to assuage the pain of losing him. “His memory will be permanently etched in the hearts of our people,” were the words…

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]