Antigua Breaking News

Day: October 16, 2021

  • Sandals to make announcement about significant investment in Antigua

    Sandals to make announcement about significant investment in Antigua

  • PM says ACB, ECAB should be on standby to purchase CIBC First Caribbean Antigua

    PM says ACB, ECAB should be on standby to purchase CIBC First Caribbean Antigua

  • Barbados records 7 COVID-19 deaths

    Barbados records 7 COVID-19 deaths

    Seven Barbadians, five men and two women, have lost their battle with COVID-19. The deaths occurred over a three-day period.  On Thursday, October 14, a 59-year-old man died at the Queen Elizabeth Hospital’s Accident & Emergency Department. Four of the deaths happened on Friday, October 15.  A 50-year-old woman and a 51-year-old man both passed…

  • Fully vaccinated can travel to US from November 8

    Fully vaccinated can travel to US from November 8

    The United States said that it will reopen its borders to fully vaccinated travellers from 33 countries on Nov. 8. Under new rules announced by the White House, vaccinated people who have had a negative test in the 72 hours before travelling will be allowed to enter. The move marks the end of the tough…

  • Mexico-Huawei scholarships for ICT certification

    Mexico-Huawei scholarships for ICT certification

    The Government of Mexico along with multinational technology company HUAWEI have launched the scholarship program  “HUAWEI-SRE 1,000 Talents for the Digital Development of Latin America and the Caribbean: Closing the digital gender gap”, for female students, professionals and/or academics interested in Information and Communication Technologies (ICT). The programs will be conducted completely online and in…

  • St Lucia lifts State of Emergency

    St Lucia lifts State of Emergency

    Prime Minister Phillip J Pierre, indicating that St. Lucians will have to live with the coronavirus (COVID-19) pandemic for the ‘foreseeable future” has announced an end to the existing state of emergency (SOE) that was put in place by the last administration to curb the spread of the virus that has so far killed 232…

  • Fully vaccinated father, son die after contracting COVID

    Fully vaccinated father, son die after contracting COVID

    TRINIDAD GUARDIAN: An unimaginable tragedy for one woman who, in the wake of the pandemic, has lost both her first love and her firstborn mere days apart to COVID-19. Angenine Poonwassie said even more heartbreaking was that both men became fully vaccinated in order to give her a fighting chance at not contracting the disease.…

  • CABINET: Only Rastas will receive religious exemptions

    CABINET: Only Rastas will receive religious exemptions

    Minister of Information Melford Nicholas has confirmed that religious exemptions to the mandatory-vaccination policy will be granted only to the Rastafarian sect, continuing a longstanding practice. For several decades now, Rastafarian children have been exempted from inoculation as a requirement for entering the public-school system. However, the Browne Administration is encouraging Rastafarians to take the…

  • HOMICIDE: Woman found dead on Wireless Road was Customs employee Margaret Harris

    HOMICIDE: Woman found dead on Wireless Road was Customs employee Margaret Harris

    Investigators within the Major Crimes Unit of the Royal Police Force of Antigua and Barbuda are now treating the recent discovery of a female body at Wireless Road as a homicide. The lifeless body of 52-year-old Margaret Harris of Wireless Road was found on Friday lying in bushes on a vacant plot of land in…

  • 30 new cases of COVID-19 in Antigua

    30 new cases of COVID-19 in Antigua

    The most recent report received by the Ministry of Health, Wellness and the Environment from the Sir Lester Bird Medical Centre and the Caribbean Public Health Agency (CARPHA) revealed thirty (30) new laboratory confirmed COVID-19 cases in Antigua and Barbuda as of Thursday 14th October 2021 at 6pm. One hundred and twenty-one (121) samples were…

  • Excessive Heat Watch in effect for Antigua and Barbuda

    Excessive Heat Watch in effect for Antigua and Barbuda

    Excessive Heat Watch in Effect for Antigua and Barbuda 10 am to 4 pm Saturday to Tuesday Low pressure systems traversing the North Atlantic are interrupting the wind flow across the area and causing favourable conditions for warmer than usual weather. The combination of light winds, heat and humidity will likely result in the heat…

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]