Antigua Breaking News

Day: January 3, 2022

  • Italian murder convict Umberto Schenato dies at Fiennes Institute

    Italian murder convict Umberto Schenato dies at Fiennes Institute

    Italian murder convict Umberto Schenato has died. He passed away at the Fiennes Institute Monday evening. In 2013, Schenato murdered Edda, his former wife of 18 years. Edda was repeatedly stabbed in the Epicurean supermarket parking lot. Schenato spent three years on remand and was sentenced in 2016. He was then sentenced to spend 20…

  • Latest Canadian Travel Advisory Causes Air Canada to Suspend Services to Antigua

    Latest Canadian Travel Advisory Causes Air Canada to Suspend Services to Antigua

    The Antigua and Barbuda Tourism Authority (ABTA) is informing travellers of the recent decision by Air Canada/Air Canada Vacations to suspend flights to Antigua commencing January 31, 2022. Approximately 10 other destinations including, Aruba, Bahamas, Bermuda, Curacao, Grenada, and St. Vincent and the Grenadines have been affected by this decision. The news comes following a…

  • VIDEO: Building on fire close to Glanvilles Polyclinic

    VIDEO: Building on fire close to Glanvilles Polyclinic

  • UK PM says hospitals face ‘considerable pressure’

    UK PM says hospitals face ‘considerable pressure’

    British Prime Minister Boris Johnson on Monday said that the UK’s state-run hospitals will face “considerable pressure” in the coming weeks due to the steep rise in virus infections. Speaking during a visit to a vaccine centre, Johnson said “the pressure on our NHS hospitals is going to be considerable in the course of the…

  • US researcher predicts 2022 to be a ‘very difficult year’ for the Caribbean

    US researcher predicts 2022 to be a ‘very difficult year’ for the Caribbean

    A United States researcher is predicting that 2022 will likely be a “mercurial but ultimately very difficult year” for Latin America and the Caribbean as well as the Biden administration’s engagement in the region. Writing for Global Americans, a New York-based think tank that specialises in providing analysis and opinions about the Americas, including the…

  • Hotel workers to see wage increase

    Hotel workers to see wage increase

    The Antigua & Barbuda Workers’ Union advises its members, who are employed by hotels that are members of the Antigua and Barbuda Hotels and Tourism Association and signatory to the ABHTA & ABWU collective agreements, of an increase of $16.00 dollars weekly effective January 01, 2022. This increase comes as a result of negotiated collective…

  • Still own a BlackBerry phone? They’re about to stop working

    Still own a BlackBerry phone? They’re about to stop working

    Many of BlackBerry Ltd.’s mobile phones will stop reliably working on Tuesday after the company decommissions several of its services. The Waterloo, Ont.-based business is decommissioning services for BlackBerry 7.1 OS and earlier, BlackBerry 10 software, BlackBerry PlayBook OS 2.1 and earlier versions, as it transitions away from producing phones and toward being a software…

  • Grave says CWI looking for ‘best opportunity’ for Gayle send-off

    Grave says CWI looking for ‘best opportunity’ for Gayle send-off

    Cricket West Indies chief executive, Johnny Grave, has given the assurance that veteran left-hander Chris Gayle will be given a fitting send-off, despite being left out of squads to face Ireland and England later this month. The 42-year-old Gayle delayed his retirement following the conclusion of last year’s Twenty20 World Cup, indicating his desire to…

  • I SWEAR: Michael Browne returns to Cabinet

    I SWEAR: Michael Browne returns to Cabinet

    Governor General Sir Rodney Williams has sworn in Michael Browne as Minister for Creative Industries and Innovation. The All Saints West MP, took the Oaths of Office, Allegiance and Secrecy at Government House this morning. As part of his new position, the Minister has responsibility for Culture, Carnival, Independence, One Nation Concert, V.C. Bird Day…

  • Customs Early Closure Notice 4th Jan 2022

    Customs Early Closure Notice 4th Jan 2022

  • Joanne Hillhouse wins 3rd place in the ReMLit Journalist Challenge

    Joanne Hillhouse wins 3rd place in the ReMLit Journalist Challenge

    On Thursday 2nd December 2021, The ReMLit Journalist Challenge Award Ceremony was hosted virtually and was joined by the winners from Saint Lucia, Grenada and our very own Antigua & Barbuda. This challenge focused on journalist work on ocean pollution and ocean governance amongst the OECS countries. It also included a comprehensive study of Circular…

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]