Antigua Breaking News

Day: August 31, 2021

  • Sale of Scotiabank Antigua to ECAB Limited Finalised

    Sale of Scotiabank Antigua to ECAB Limited Finalised

    Acquisition of Bank of Nova Scotia’s Antigua and Barbuda Operations by Eastern Caribbean Amalgamated Bank Limited Finalised The Eastern Caribbean Central Bank (ECCB) hereby advises that effective 1 September 2021, the Bank of Nova Scotia (BNS) operations in Antigua and Barbuda will cease and the Eastern Caribbean Amalgamated Bank (ECAB’s) operations will include the previous…

  • Potential HIV vaccine falls short in mid-stage study — J&J

    Potential HIV vaccine falls short in mid-stage study — J&J

    LONDON, United Kingdom (AP) — A potential HIV vaccine being developed by Johnson & Johnson did not provide protection against the virus in a mid-stage study, the drugmaker said Tuesday. J&J plans to end that study, which involved young women in sub-Saharan Africa. But researchers will continue a separate, late-stage trial involving a different composition…

  • Help Sheniqua Smith get the medical care she needs

    Help Sheniqua Smith get the medical care she needs

    A GoFundMe page has been set up for Sheniqua, a 17-year-old national of Antigua who suffers with Growth Hormone Deficiency Syndrome. Her Cousin Lloyd Smith makes an emotional plea for assistance: “Hi, my name is Lloyd Smith, cousin of Sheniqua Smith. Sheniqua is a 17-year-old national of Antigua who suffers with Growth Hormone Deficiency Syndrome…

  • 23 hospitalized as Antigua logs 2 new cases of COVID-19

    23 hospitalized as Antigua logs 2 new cases of COVID-19

    The most recent report received by the Ministry of Health, Wellness and the Environment from the Sir Lester Bird Medical Centre has revealed two (2) new laboratory confirmed COVID-19 cases in Antigua and Barbuda as of Sunday 29th August 2021 at 6pm. Sixty-eight (68) samples were processed at Sir Lester Bird Medical Centre. Consequently, the…

  • St Lucia among 7 destinations added by CDC to ‘very high’ COVID-19 travel risk list

    St Lucia among 7 destinations added by CDC to ‘very high’ COVID-19 travel risk list

    CNN: Switzerland and Puerto Rico are now among the highest-risk destinations for travelers, according to the US Centers for Disease Control and Prevention’s regularly updated travel advisories list. People should avoid traveling to locations designated with the “Level 4: Covid-19 Very High” notice, the CDC recommends. Anyone who must travel should be fully vaccinated first,…

  • UPDATE: Police investigate death of 32-year-old woman in Coolidge

    UPDATE: Police investigate death of 32-year-old woman in Coolidge

    Police are investigating the death of a woman in coolidge. The victim has been identified as Alana Michael. The victim is said to be 32-years-old and it is believed that she committed suicide. The incident happened Monday night.

  • Police investigate death of 32-year-old woman in Coolidge

    Police investigate death of 32-year-old woman in Coolidge

    UPDATE: Police investigate death of 32-year-old woman in Coolidge Police are investigating the death of a woman in coolidge. The victim is said to be 32-years-old and it is believed that she committed suicide. The incident happened Monday night.

  • South Africa scientists monitoring new coronavirus variant

    South Africa scientists monitoring new coronavirus variant

    Scientists in South Africa are monitoring a new coronavirus variant with an unusually high mutation rate, and whose frequency has gradually increased in recent months, the National Institute for Communicable Diseases said Monday. The variant, known as C.1.2., was flagged last week by the KwaZulu-Natal Research and Innovation and Sequencing Platform in a preprint study…

  • World passes threshold of 4.5 million COVID deaths

    World passes threshold of 4.5 million COVID deaths

    The world has passed the grim threshold of 4.5 million COVID-19 deaths, according to an AFP tally on Monday, as the virulent Delta variant wreaks havoc globally. Since the outbreak emerged in China in December 2019, the virus has killed a total of 4,500,620 people, the tally of official sources revealed. Some 10,000 deaths are reported every…

  • Jamaican woman gets six months in US prison for immigrant marriage fraud

    Jamaican woman gets six months in US prison for immigrant marriage fraud

    CONNECTICUT, USA – A Jamaican woman was sentenced to six months in a United States prison last Thursday for arranging fraudulent marriages in a bid to help non-US citizens receive “US immigration benefits”, including lawful permanent residence in that country. According to a release from the US Attorney’s Office for District of Connecticut, Jodian Stephenson,…

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]