Antigua Breaking News

Day: February 3, 2022

  • Lennox Javier fined $3K for illegal dumping

    Lennox Javier fined $3K for illegal dumping

    Lennox Javier has been found guilty of illegal dumping by the Magistrates’ Court. He has been ordered to pay $3,000d by April 4, 2022 or spend three months in jail. More details on the circumstances surrounding the case will follow.

  • In 2021, approximately $125M was spent on health care – Budget Statement Presentation 2022

    In 2021, approximately $125M was spent on health care – Budget Statement Presentation 2022

    The viability of the Medical Benefits Scheme (MBS) and the challenges it faced during the last two years were placed on display during the 2022 Budget Presentation. Prime Minister Gaston Browne disclosed that the past two years proved particularly challenging for financing health care because of increased demands for pharmaceuticals and medical supplies to respond…

  • PM Browne highlights importance of a Stable Financial Sector

    PM Browne highlights importance of a Stable Financial Sector

    During the 2022 Budget Statement Presentation, Prime Minister Gaston Browne highlighted the importance of a stable financial sector whilst mitigating against the impact of the COVID-19 pandemic. The country’s leader commended the financial intuitions for their immediate response to the pandemic. “Banks, credit unions, and finance companies played a crucial part in decreasing the adverse…

  • BUDGET 2022: PM Browne applaud Senator Johnathan Joseph for ‘endorsing’ the ABLP

    BUDGET 2022: PM Browne applaud Senator Johnathan Joseph for ‘endorsing’ the ABLP

    Senator Johnathan Joseph corrects misleading statements in campaign-launch speech I, Senator Johnathan Joseph, the United Progressive Party Candidate for St. Mary’s North, am correcting statements made at the conclusion of my platform speech at the Party’s Campaign Launch on Thursday, January 27. Those statements were made purely through human error, as any examination of the…

  • Opposition MPs pepper PM Browne with questions ahead of Budget

    Opposition MPs pepper PM Browne with questions ahead of Budget

  • Scores of Jolly Beach, CAS and other workers picket parliament ahead of budget speech today

    Scores of Jolly Beach, CAS and other workers picket parliament ahead of budget speech today

    Scores of workers who are owed money from the government are picketing outside of Parliament on Budget Day today. EARLIER PRESS RELEASE FROM UNION Former employees of the Jolly Beach Resort will picket the parliament building of Antigua and Barbuda on Thursday 03 February, ahead of the Prime Minister’s budget presentation. The decision was taken…

  • US conducts counterterrorism raid in Syria killing ISIS leader

    US conducts counterterrorism raid in Syria killing ISIS leader

    Washington (CNN):US Special Forces “successfully” conducted a counterterrorism mission in northwest Syria Wednesday evening killing ISIS leader Abu Ibrahim al-Hashimi al-Qurayshi, President Joe Biden announced Thursday morning. It was the the biggest US raid in the country since the 2019 operation that killed ISIS leader Abu Bakr al-Baghdadi. Sources on the ground reported multiple fatalities.…

  • Boundaries Commission to hold virtual consultation on Feb 9

    Boundaries Commission to hold virtual consultation on Feb 9

    The Election Boundaries Commission will be holding a virtual consultation via Zoom on Wednesday, Feb. 9 commencing at 7 p.m. The Commission is designed to involve the public and other stakeholders in the electoral process. Considering the existing situation re Covid the Commission considers it prudent to give individuals the opportunity to share their views…

  • The cancer scare

    The cancer scare

    World Cancer Day will be observed on Friday 4th February 2022 under the theme “Closing the Care Gap.” The observance of the day is organised by the Union for International Cancer Control (UICC) and is based on the World Cancer Declaration of 2008. That declaration was launched again in 2013 to align with the Global…

  • Female police officer caught shoplifting asked to resign

    Female police officer caught shoplifting asked to resign

    POINTE XPRESS: The female police officer who was accused of shoplifting after a supermarket surveillance video went viral on Monday has been asked to resign. The video footage appeared to show the veteran officer concealing what insiders say was dental floss in her shopping bag. She was shown unpacking a number of other items from…

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]