Antigua Breaking News

Day: March 3, 2022

  • BREAKING: Radiation levels are ‘normal’ says Ukrainian president after fire near nuclear plant

    BREAKING: Radiation levels are ‘normal’ says Ukrainian president after fire near nuclear plant

    A fire at the Zaporizhzhia nuclear power station in Ukraine, the largest of its kind in Europe, broke out in a training building outside the plant’s perimeter after an attack by Russian troops, the state emergency service said in a statement on Friday. An official in Ukrainian President Volodymyr Zelensky’s office said the reactors have not…

  • Jacqui Quinn responds to Master of Fiennes Institute Walton Edwards

    Jacqui Quinn responds to Master of Fiennes Institute Walton Edwards

    “Mr. Walton Edwards, Master of the Fiennes Institute, who is himself a political appointee of the Minister of Health, READ a written response on ABS stating that the BNN post on Saturday calling for water and utensils for Fiennes was “wicked and devious”. He also READ from his written script that the post was “mischievously…

  • Berle Wallace charged with murder of Christopher Smithers

    Berle Wallace charged with murder of Christopher Smithers

    Police have charged 38-year-old Berle Adolphus Nathaniel Wallace Jr of Villa in connection with the murder of Christopher Smithers of Friars Hill Development. Both men were allegedly involved in an altercation when Smithers was fatally stabbed around 6:23 pm on Tuesday 1st March at St. Johns Street. Wallace is expected to appear before the on…

  • France seizes $120 million super-yacht owned by Russian oligarch

    France seizes $120 million super-yacht owned by Russian oligarch

    French authorities announced Thursday that they seized a yacht owned by Russian energy oligarch Igor Sechin. The yacht, Amore Vero, is valued at $120 million. Sechin was placed on European Union and United States sanctions lists soon after Russia invaded Ukraine on Thursday last week. The EU, US, UK and others have sanctioned several high-profile Russian business…

  • Birth defects in Antigua and Barbuda

    Birth defects in Antigua and Barbuda

    Thursday 3rd March 2022 will be “World Birth Defects Day.” The theme for this year is: “Many Birth Defects, One Voice.” The primary objective of the day is to raise awareness of birth defects, their causes, and their impact on global society. Birth defects or congenital anomalies are an unpopular topic. It is one that…

  • APUA says Reverse Osmosis plants are being maintained following accusations from UPP

    APUA says Reverse Osmosis plants are being maintained following accusations from UPP

    The Cabinet invited the APUA Water Manager to its meeting, in order to provide timelines, to answer questions about the quantum of resources required, and the current performance of various Reverse Osmosis plants. The Crabbes Plant, for example, has six units; four units now produce 2.5 million gallons of potable water per day; and, when…

  • Adult men allegedly gang raped young girl

    Adult men allegedly gang raped young girl

    CABINET NOTES: The Cabinet was informed of the rape of a young girl by a group of adult males. All the agencies of the Government within the social protection systems have been activated to address the needs of the victim. The issue of prosecution is outside of the remit of the Executive arm of Government.…

  • Cabinet agrees to give Jamal Pringle land to settle debt

    Cabinet agrees to give Jamal Pringle land to settle debt

    CABINET NOTES: The Cabinet received a request from Mr. Jamale Pringle to provide him with a portion of crown land in partial satisfaction of a debt owed to him for work he has done for National Solid Waste Management Authority. The Cabinet has agreed but will conduct an audit of the debts which the businessman…

  • Cabinet intends to make mask wearing optional

    Cabinet intends to make mask wearing optional

    CABINET NOTES: Cabinet held a discussion on Covid-19 and the mandates and protocols that have been guiding Government’s policy, since March 2020. The mandate requiring all persons entering Government buildings to provide proof of vaccination, is no longer required. All other protocols remain in place including hand washing, social distancing and wearing of masks. It…

  • CABINET NOTES for March 2, 2022

    CABINET NOTES for March 2, 2022

    The Cabinet met face-to-face, all members present. 1. Cabinet held a discussion on Covid-19 and the mandates and protocols that have been guiding Government’s policy, since March 2020. The mandate requiring all persons entering Government buildings to provide proof of vaccination, is no longer required. All other protocols remain in place including hand washing, social…

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]