Antigua Breaking News

Day: September 6, 2022

  • GG welcomes Indonesian Ambassador

    GG welcomes Indonesian Ambassador

    Governor General Sir Rodney Williams along with the Honorary Consul to the Republic of Indonesia Paul E.Ryan welcome Ambassador Tatang Budie Utama Razak and Mrs Marita Tatang Budie Utama Razak to the island of Antigua and Barbuda during their official visit. In the meeting, which was held at the Government House, Ambassador Tatang Budie Utama…

  • US foresees annual COVID boosters, just like flu: officials

    US foresees annual COVID boosters, just like flu: officials

    Barring the emergence of drastically different variants, COVID boosters will likely be recommended annually in a similar manner to influenza vaccines, US health officials said Tuesday. The announcement came after the Food and Drug Administration last week authorised updated bivalent shots against both the original strain of the coronavirus and the BA.4 and BA.5 lineages…

  • DNA warns Browne Administration to Stop Politicizing Gas Prices

    DNA warns Browne Administration to Stop Politicizing Gas Prices

    The Democratic National Alliance (DNA) believes that the government of Antigua and Barbuda must provide citizens and residents with significant relief from the heavy burden of the very high cost of living and stop playing politics with price of gas and diesel at the pump and give meaningful reduction to reflect the true realities of…

  • Antiguan in the United States on the Prestigious U.S. Fulbright Scholarship Program

    Antiguan in the United States on the Prestigious U.S. Fulbright Scholarship Program

    The U.S. Embassy to Barbados, the Eastern Caribbean, and the Organization of the Eastern Caribbean States is pleased to announce that Antigua and Barbuda national, Orna David is currently in the United States pursuing post graduate studies, funded by the U.S. Government through the Fulbright Foreign Student Scholarship. David is the Education Officer with responsibilities…

  • UPP will extend trade mission to North America next, as Party seeks relationships with credible investors, Lovell says

    UPP will extend trade mission to North America next, as Party seeks relationships with credible investors, Lovell says

    The United Progressive Party (UPP) is expecting to continue its Trade and Investment Mission in a few weeks, as it seeks to make contact and develop relationships with credible, reputable investors. Political Leader Harold Lovell says building good, solid relationships does not happen overnight, and the Party is demonstrating its readiness to lead Antigua and Barbuda.…

  • Rai Benjamin returns ‘home’ to Antigua & Barbuda

    Rai Benjamin returns ‘home’ to Antigua & Barbuda

    LOOP: Olympian Rai Benjamin is in Antigua and Barbuda for a short vacation. The 25-year-old, who celebrated his birthday just over a month ago, shared a brief glimpse into his time off the track with his over 67,000 followers on Instagram. In a series of posts, he showed his excitement about being in Antigua and…

  • Antigua’s traditional bread shops struggle amid food price hikes

    Antigua’s traditional bread shops struggle amid food price hikes

    By Gemma Handy, BBC: Dawn has barely broken, and Alton’s bakery in a side street on the outskirts of Antigua’s capital is already abuzz with activity. A baker is using a long plank to place loaves into a vast wood-fired oven. Someone else has the task of wiping the ashes off the bread when it comes…

  • Antigua launches multi-media advertising campaign within the UK

    Antigua launches multi-media advertising campaign within the UK

    The Antigua and Barbuda Tourism Authority has launched its out of home advertising campaign in the United Kingdom across multiple media outlets to include radio, print and the London underground. The twin island nation is looking to capture consumer hearts and minds with this campaign, ahead of the popular winter sun period and 2023. The…

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]