Antigua Breaking News

Day: September 10, 2022

  • Puerto Rico star Ricky Martin faces sexual assault complaint

    Puerto Rico star Ricky Martin faces sexual assault complaint

    (AP) — A sexual assault complaint has been filed against Puerto Rico pop star Ricky Martin, who recently sued his nephew over what he said were false allegations of sexual abuse. The complaint was filed Friday at a police precinct in the capital of San Juan, police spokesman Edward Ramirez told The Associated Press on…

  • West Indies Oil Company outlines plans to diversify into solar energy

    West Indies Oil Company outlines plans to diversify into solar energy

    Two months after becoming the first Antiguan and Barbudan company to list on the Eastern Caribbean Securities Exchange, the West Indies Oil Company (WIOC) has outlined an ambitious plan to become a diversified energy company with renewable energy at the centre of its strategic business plan. While the company is based in Antigua and Barbuda,…

  • Pundits say that transfer of voters into St. Peter constituency is beating ALP at its own game; Cabinet to launch investigation

    Pundits say that transfer of voters into St. Peter constituency is beating ALP at its own game; Cabinet to launch investigation

    REAL News — The Cabinet has announced that an investigation will be launched into the high number of electors transferred into the St. Peter constituency – and amused residents allege that the Antigua Labour Party (ALP) is being beaten at its own game. Cabinet members say they have been informed by Labour Party scrutineers of…

  • PMS Students seriously injured following attack

    PMS Students seriously injured following attack

    A Princess Margaret School student is nursing serious injuries following a violent confrontation outside the school compound Friday afternoon. Some reports say the 14-year-old boy lost three fingers during the cutlass attack; but a friend of his family says the digits were not severed, but were “cut down to the bone.” The second-former is expected…

  • Police ID victims of double murder

    Police ID victims of double murder

    The second victim in Wednesday’s double murder at Pillar Rock has been identified as 39 year old Mexican national Ronaldo Emmanuel Sandoval Stone. Police had earlier identified the other victim as 36 year old Cesar Santos Ramirez, who is also Mexican. Follow Antigua Breaking News on Twitter @ABNAntigua and Instgram @AntiguaBreakingNews and on Facebook. Send…

  • Charles III proclaimed king at tradition-steeped ceremony

    Charles III proclaimed king at tradition-steeped ceremony

    LONDON (AP) — Two days after the death of his mother elevated him to the throne, King Charles III was officially proclaimed Britain’s monarch Saturday, in a pomp-filled ceremony steeped in ancient tradition and political symbolism — and, for the first time, broadcast live. Charles, who spent seven decades as heir apparent, automatically became king…

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]