Antigua Breaking News

Day: April 15, 2022

  • Cabinet to build 2-bedroom homes for people making $3,000

    Cabinet to build 2-bedroom homes for people making $3,000

    CABINET NOTES: The Cabinet has agreed to build several two bedroom homes that will cost about $100,000.00 well within the capability of the prospective homeowner. The cabinet is responding to demand of men and women whose income are in the $3000.00 per month range who may have found the new stock of houses outside of…

  • A call for ‘A More Progressive Approach’ to dispute resolution at AUA

    A call for ‘A More Progressive Approach’ to dispute resolution at AUA

    By Neil Blake I write this article to encourage AUA to take a more progressive approach to dispute resolution, a concept I learned from living in Antigua. As a fourth semester medical student, I love living in Antigua. I have overcome many challenges in life to get to medical school. I also have a learning…

  • CABINET NOTES of Thursday, April 14, 2022

    CABINET NOTES of Thursday, April 14, 2022

    The Cabinet convened its meeting at about 10:30 am and ended at about 3:30 pm or after five hours, all members present. The Prime Minister, Chairman of Cabinet, was required to Chair virtually a meeting of a United Nations multi-nation group, convened at 7:00 am this day, to begin discussions to establish the Multi-Dimensional Vulnerability…

  • Active hurricane season predicted

    Active hurricane season predicted

    Less than two months before the official start of the 2022 Atlantic hurricane season, Climatologist Dale Destin is predicting an active season. His forecast predicts 21 named storms and 9 hurricanes, 4 of which will become major storms. “Recall that the accumulated cyclone energy index (ACE) is the universally accepted metric used to classify the…

  • Are Caribbean citizenship schemes at an end?

    Are Caribbean citizenship schemes at an end?

    By David Jessop For most, a passport denotes citizenship, belonging, certain rights, and residence. For others, especially the world’s wealthy, obtaining a ‘stronger’ additional passport than the one  provided by their country of birth has given rise to an international industry supporting their legal sale. Up to now this has been with the consent of…

  • BA.2 sub variant of COVID-19 in Barbados

    BA.2 sub variant of COVID-19 in Barbados

    Statement by Minister of Health and Wellness, Ian Gooding-Edghill, on the presence of the Omicron Ba.2 Sub Variant in Barbados. You will recall that last week I brought the nation up-to-date on the state of affairs regarding the dramatic increase in the number of new COVID-19 cases. On that occasion, the question of the existence…

  • Antigua and Barbuda gains 20 nominations in the 2022 World Travel Awards

    Antigua and Barbuda gains 20 nominations in the 2022 World Travel Awards

    The twin-island paradise of Antigua and Barbuda has received twenty nominations in the 2022 World Travel Awards. The prestigious World Travel Awards, now in its 29thyear celebrates excellence in all areas of the global travel and tourism industry. Antigua and Barbuda has been recognized as a leading destination with nominations across various categories to include: Caribbean’s Leading Beach Destination, Caribbean’s Most…

  • LETTER: Grandma’s Advice

    LETTER: Grandma’s Advice

    DEAR EDITOR: Recently, I was summoned by my grandmother to sit and listen keenly to her, as she decided to instill in me, some wisdom. As I acted upon her instructions and decided to give her my undivided attention, I was immediately ushered a stern warning that ” it is not everything that glitters is…

  • Seventh-Day Adventist church distances itself from ‘Glorious Hope’ located on Herbert’s Main Road

    Seventh-Day Adventist church distances itself from ‘Glorious Hope’ located on Herbert’s Main Road

    The Seventh-day Adventist Church wishes to clarify its position and relationship to the group  “Glorious Hope” located on Herbert’s Main Road, Antigua. The church is acutely aware of the general state of misunderstanding and confusion that has  been created over the past several months with respect to the formation of what some are  calling a…

  • ABTA hosts successful Tourism Stakeholders Engagement Meeting

    ABTA hosts successful Tourism Stakeholders Engagement Meeting

    More than 80 local and global tourism industry partners participated via the Zoom platform as the Antigua and Barbuda Tourism Authority (ABTA) convened their quarterly state of the industry update. Led by the ABTA CEO Colin James with the Chairman of the Board of Directors, Dr. Lorraine Raeburn and Minister of Tourism and Investment Charles…

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]