Antigua Breaking News

Day: October 28, 2021

  • Facebook changes its name to Meta to distance itself from mounting scandals

    Facebook changes its name to Meta to distance itself from mounting scandals

    Facebook is rebranding its parent company and will now go by the name Meta as Mark Zuckerberg tries to distance the social media behemoth from mounting scandals after leaked whistleblower documents claimed its platforms harmed users and stoked anger. Zuckerberg made the announcement Thursday at the Facebook Connect augmented and virtual reality conference. During hte…

  • The Victory Center receives facelift compliments of 3 Kiwanis Clubs in Antigua

    The Victory Center receives facelift compliments of 3 Kiwanis Clubs in Antigua

    Three Kiwanis clubs in Antigua came together on Saturday, Oct. 23, to enhance the premises of the Victory Center located on Nugent Avenue as part of the Kiwanis one-Day initiative. As early as 6 am, with tools in hand, Kiwanians from The Kiwanis Club of St. John’s Antigua, Wadadli Young Professionals and Antigua Three-Two-One (TTO)…

  • HMS Medway returns to Antigua and Barbuda for Independence Celebrations

    HMS Medway returns to Antigua and Barbuda for Independence Celebrations

    HMS Medway has returned to Antigua and Barbuda for a five-day visit, as a mark of respect for the country’s 40th Anniversary of Independence and to take part in the celebrations. Resident British Commissioner to Antigua and Barbuda, Lindsy Thompson said: “I’m delighted the Commanding Officer, Commander Chris Hollingworth and the Commander of the UK’s…

  • Mrs. Ruth Adelaide Lewis is 100 today

    Mrs. Ruth Adelaide Lewis is 100 today

    Meet Antigua and Barbuda’s newest Centenarian Happy 100th Birthday and Best Wishes Mrs. Ruth Adelaide Lewis!  

  • LETTER: The lies of the PM and his administration on vaccinations

    LETTER: The lies of the PM and his administration on vaccinations

    DEAR EDITOR: I am very upset with Prime Minister Gaston Browne about the way he is handling vaccinations in Antigua and Barbuda. Let’s start off with the way he lied and deceived the people of the country. I remember before the vaccines reached on island for this “deadly virus” he promised the people of the…

  • Mandatory vaccination for private sector businesses with more than 5 employees

    Mandatory vaccination for private sector businesses with more than 5 employees

    The Cabinet agreed that the Public Health Regulations will be amended to mandate that all private sector employers who employ more than five employees will be required to have all staff vaccinated in order for them to continue working. Meantime, The Information Technology Manager at the Sir Lester Bird Medical Centre, Mr. Osbert Josiah, was…

  • Man denies molesting 7-year-old when he was 17

    Man denies molesting 7-year-old when he was 17

    A man is on trial for allegedly committing serious indecency on a seven-year-old girl two years ago. The child says the then 17-year-old defendant told her she had to perform oral sex on him to play a game on his cell phone. She says he forced her to commit the offence after she refused to…

  • Antigua logs 5 new cases of COVID-19

    Antigua logs 5 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 revealed five (5) new laboratory confirmed COVID-19 cases in Antigua and Barbuda as of Monday 25th October 2021 at 6pm. Ninety-seven (97) samples were processed at Sir Lester Bird Medical Centre. One hundred and…

  • CABINET NOTES of on Wednesday 27th October 2021

    CABINET NOTES of on Wednesday 27th October 2021

    Cabinet convened at about 11:00 a.m. and lasted for about seven hours. As is the custom of the Gaston A. Browne Administration, experts within their fields were invited to the Cabinet to provide guidance on several issues. Management of COVID-19 The Minister of Health, Wellness and the Environment, the Hon. Sir Molwyn Joseph, provided the…

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]