Antigua Breaking News

Day: October 24, 2022

  • Lionfish Experts Coming to Antigua — Profile: Stacy Frank

    Lionfish Experts Coming to Antigua — Profile: Stacy Frank

    This is one in a series of profiles of international scientists, conservationists, celebrities and special guests who will be part of the first Antigua Open Lionfish Tournament on Nov 18-20th. Co-sponsored by Elkhorn Marine Conservancy (https://www.emcantigua.org) and Lionfish University (https://lionfishuniversity.org), the tournament will be capped with a festival in Nelson’s Dockyard on Nov 20th from…

  • The Big Issues Host resigns after PM Browne’s invitation revoked by management

    The Big Issues Host resigns after PM Browne’s invitation revoked by management

    A decision by the principals of the United Progressive Party aligned NewsCo Limited to revoke an invitation extended to Prime Minister Gaston Browne has ended with the resignation of the host of The Big Issues, Keiron Murdoch. Observer Media announced early Saturday evening on its Facebook page that the prime minister would appear as a…

  • Caribbean Bankers to meet in Saint Lucia

    Caribbean Bankers to meet in Saint Lucia

    More than 200 bankers, financial services professionals, regulators, Government officials, and representatives of regional and international agencies from the Caribbean, North America, South America, Europe, Asia, and Africa will meet in the coming days for CAB Conference Saint Lucia 2022. It will be the first time since 2019 that the foremost gathering of regional banks…

  • BREAKING: Rishi Sunak to become next British prime minister

    BREAKING: Rishi Sunak to become next British prime minister

    Rishi Sunak has won the race to be leader of Britain’s Conservative Party and will become the country’s next prime minister — the third this year. Sunak emerged over former leader Boris Johnson and Penny Mourdaunt in the truncated process to replace Liz Truss as leader. “Rishi has my full support,” Mourdant said in a statement…

  • AUA students still in ICU following hit and run

    AUA students still in ICU following hit and run

    Two students at the American University of Antigua (AUA) were last night fighting for their lives after an apparent hit and run on Friars Hill Road. The accident is said to have occurred as the pair attempted to cross the road in the vicinity of Billy’s Food Mart shortly after 2am on Sunday. Both students…

  • The UN Resident Coordinator’s message on United Nations Day: October 24

    The UN Resident Coordinator’s message on United Nations Day: October 24

    We celebrate the UN charter’s 77th anniversary this year, at a time when countries all over the world are facing a triple crisis of food, energy, and finance, while still battling. climate change and the residual effects of the COVID-19 pandemic. As we join with the Governments and people of the Caribbean to build resilience…

  • Not Even Boris-mania can Stop Sunak now – Britain Gets its First Coloured Prime Minister

    Not Even Boris-mania can Stop Sunak now – Britain Gets its First Coloured Prime Minister

    By Arvel Grant Not Even Boris-mania can Stop Sunak now: Britain  Gets its First Coloured  Prime Minister, A Very Different Lens Through  Which to See its Coloured  Minorities At the start of the race, to elect a new leader for the British Conservative Unionist Party, I used an earlier piece,  to lament  the tragic reality…

  • Grade 6 Jump Start Math

    Grade 6 Jump Start Math

    Dominican born educator based in Anguilla, Keshara George curated a Caribbean based Grade 6 Math Animated Course which aims to provide students with the much needed Math support to prepare for any grade 6 level exam. These include Grade 6 National Mathematics Assessments and Regional Math exams such as CPEA. The course offers: 28 Animated…

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]