Antigua Breaking News

Day: November 4, 2021

  • Baptist academy student secures top spot in CSEC Exams

    Baptist academy student secures top spot in CSEC Exams

    Pia Nichols is named Antigua and Barbuda’s top student in the 2021 CSEC examinations, administered by CXC. The Baptist Academy of Antigua student attained 17 Grade One Passes. Avein Joseph and Kofi Browne also of Baptist Academy are second and third respectively.

  • AUA responds to erroneous article by Antigua News Room

    AUA responds to erroneous article by Antigua News Room

    AUA has responded to an erroneous article published by Antigua News Room, a local website that is known for publishing inaccurate information. Below is the text of the statement from AUA: It has been brought to our attention that a news article was published by the Antigua News Room on its on November 2nd 2021…

  • COVID-19 causing shift in socio-economic profiles of Caribbean states – CDEMA

    COVID-19 causing shift in socio-economic profiles of Caribbean states – CDEMA

    Executive Director of the Caribbean Disaster Emergency Management Agency (CDEMA), Elizabeth Riley, says the protracted nature of the COVID-19 pandemic has caused a radical shift in the socio-economic profiles of Caribbean states. “This has put additional pressure on our social protection systems and I think it taught us quite a lot about the real importance…

  • UK authorises Merck antiviral pill, first shown to treat COVID

    UK authorises Merck antiviral pill, first shown to treat COVID

    Britain has granted a conditional authorisation to Merck’s coronavirus antiviral, the first pill shown to successfully treat COVID-19. It is the first country to OK the treatment, although it was not immediately clear how quickly the pill would be available. The pill was licensed for adults 18 and older who have tested positive for COVID-19…

  • FAO and IICA keeps buzzing with training of beekeepers in Antigua

    FAO and IICA keeps buzzing with training of beekeepers in Antigua

    The Food and Agriculture Organization of the United Nations (FAO) and the Inter-American Institute for Cooperation on Agriculture (IICA) is creating more buzz with their ongoing training of beekeepers in Antigua. The second group of 14 beekeepers – 3 females and 11 are males were recently trained in Beekeeping practices and business management under the…

  • 3 new cases of COVID-19

    3 new cases of COVID-19

    The most recent report received by the Ministry of Health, Wellness and the Environment revealed three (3) new laboratory confirmed COVID-19 cases in Antigua and Barbuda as of Monday 1st November 2021 at 6pm. Fifty-five (55) samples were processed. Forty-four (44) recovered cases were recorded increasing the total to three thousand eight hundred and eight…

  • Dominica developing renewable energy sector

    Dominica developing renewable energy sector

    The Dominica government on Wednesday said the island was making progress on renewable energy describing the sector as an active base for building resilience in all other sectors. “We have a national target for power generation of 100 per cent clean, carbon-neutral energy by the year 2030, from domestic renewable energy resources. Part of that…

  • LETTER: Our Courts are broken and Justice denied

    LETTER: Our Courts are broken and Justice denied

    DEAR EDITOR: Many of us have heard Government’s Chief of Staff in recent times practically bragging taking Government matters to Court will not be heard for years, thereby refuting any ills which could fall on Government by its actions. Many persons also know personally the delay which is now as much a part of the…

  • U.S delivers 23,400 doses of Pfizer COVID-19 vaccine to Antigua and Barbuda

    U.S delivers 23,400 doses of Pfizer COVID-19 vaccine to Antigua and Barbuda

    The Ministry of Health, Wellness and the Environment received a shipment of Pfizer vaccines from the United States Government on Wednesday. “The United States is committed to the health and safety of our Eastern Caribbean neighbors as we continue the global fight against COVID-19. Today, in partnership with CARICOM: Caribbean Community, we delivered 23,400 doses…

  • AOSIS Ministers finalize COP26 Decisions

    AOSIS Ministers finalize COP26 Decisions

    As climate-vulnerable countries continue to push for meaningful outcomes from the UN Climate Change Conference (COP26) taking place in Glasgow, Scotland, representatives of the Alliance of Small Island States (AOSIS) met on Tuesday to finalize the position of the group going into negotiations. Areas of focus included climate financing, a cap of 1.5 degrees Celsius…

  • Farmer disheartened after farm vandalized

    Farmer disheartened after farm vandalized

    Many farmers in Antigua and Barbuda are faced with predial larceny ever so often and last week Wednesday, farmer, Alvin Christian has been a victim of this. He arrived on his farm to an extremely devastating sight where majority of his citrus plants and coconut trees were destroyed. His farm is one of the few…

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]