Antigua Breaking News

Day: September 11, 2022

  • Constituents show love to St. Peter MP Asot Michael and his mom

    Constituents show love to St. Peter MP Asot Michael and his mom

    PHOTO: Carl Henry and Andy Joseph of Pares Village bring love and a gift of breadfruit to the 81 year old mother of their beloved MP Hon Asot Michael. Follow Antigua Breaking News on Twitter @ABNAntigua and Instgram @AntiguaBreakingNews and on Facebook. Send us a message on WhatsApp at 1-868-704-9864 or email us at [email protected] …

  • How to Talk to Your Grandparents About Their Financial Future

    How to Talk to Your Grandparents About Their Financial Future

    For many of us, our grandparents symbolize pillars of strength. They cared for us from our childhood and made us better people, by sharing their experiences and wisdom. Today’s grandparents are living longer, active lives and the pandemic has caused many grandchildren to think more about aging grandparents and their financial futures. Sunday September 11th…

  • UWI pays respects on the passing of Queen Elizabeth II

    UWI pays respects on the passing of Queen Elizabeth II

    The following statement is issued by Professor Sir Hilary Beckles, Vice-Chancellor of The University of the West Indies on behalf of the university community. The University of the West Indies (UWI) wishes to pay respect on the passing of Her Majesty, Queen Elizabeth II of Great Britain. The University’s relationship with Her Majesty and the…

  • New York declares state of emergency over polio

    New York declares state of emergency over polio

    BBC: The governor of New York has declared a state of emergency over polio as evidence emerges that the virus is spreading across the state. Health officials say wastewater samples in New York City and four adjacent counties have tested positive for a poliovirus that can cause paralysis. Although only one case has so far…

  • UPP Leader asks Cabinet which taxes, exactly, have been removed from flour, since ABST has never been levied on it

    UPP Leader asks Cabinet which taxes, exactly, have been removed from flour, since ABST has never been levied on it

    The Political Leader of the United Progressive Party (UPP) is calling for clarification and also challenging the Gaston Browne Administration to prove that taxes on flour have, in fact, been eliminated. According to this week’s Cabinet Notes, the Executive is reiterating that taxes on flour have been eliminated in order to keep bread at a very low and stable price.…

  • 12 out of planned 400 homes built at Oliver’s

    12 out of planned 400 homes built at Oliver’s

    CABINET NOTES: The Minister of Lands and Housing announced that 12 homes out of a planned 400 homes, at Oliver’s, are nearly completed. All the homes in phase 1 of the project have already been assigned to new homeowners. Over 3,000 applications were submitted for this housing project. More homes are to be constructed but…

  • Antigua hints at plans to teach Chinese in schools

    Antigua hints at plans to teach Chinese in schools

    OBSERVER: Discussions are underway to expand the foreign language curriculum in schools. This expansion will see Mandarin being taught in other schools beside the Sir Novelle Richards Academy, which to date is the only public school in Antigua and Barbuda that has an official Mandarin department. According to the Director of Education, Clare Browne, plans…

  • Antigua and Barbuda to hold republic referendum within three years, says PM

    Antigua and Barbuda to hold republic referendum within three years, says PM

    UK Guardian: The prime minister of Antigua and Barbuda, Gaston Browne, has said he will call for a referendum on the country becoming a republic within three years, following the death of Queen Elizabeth II. Browne signed a document confirming Charles III’s status as the new King, but minutes later, said he would push for…

  • Queen’s coffin travelling from Balmoral to Edinburgh

    Queen’s coffin travelling from Balmoral to Edinburgh

    The Queen’s coffin has left her beloved Balmoral Castle, with thousands of people lining the route to Edinburgh. The funeral cortege is making a six-hour journey. Silent onlookers have been throwing floral tributes in the path of the coffin as the hearse is driven to the Palace of Holyroodhouse. The coffin will arrive in London…

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]