Antigua Breaking News

Day: November 3, 2022

  • US Mid-term elections: a defining moment for the world

    US Mid-term elections: a defining moment for the world

    By Sir Ronald Sanders (The writer is Antigua and Barbuda’s Ambassador to the United States of America and the Organization of American States.   He is also a Senior Fellow at the Institute of Commonwealth Studies, University of London and Massey College in the University of Toronto) Democracy is at stake in the country that…

  • Dozens of Shop Stewards Complete Training

    Dozens of Shop Stewards Complete Training

    The Antigua and Barbuda Workers’ Union hosted one of the largest gatherings of Shop Stewards to take place in Antigua, as part of a two-day training workshop on Wednesday 26, and Thursday 27 October, 2022. Having completed the Shop Stewards Training Workshop, more than 80 Shop Stewards will receive certificates of participation. The activity, which…

  • OECS: Happy 44th Independence Anniversary to Dominica!

    OECS: Happy 44th Independence Anniversary to Dominica!

    The OECS Commission extends its warmest congratulations to the Government and People of Dominica, on the occasion of the nation’s 44th Anniversary on Thursday 3rd November 2022, being celebrated under the theme “One Dominica, One People, One Vision”. A virtual flag-raising ceremony was held by the Commission to commemorate the Anniversary. The ceremony featured an…

  • LETTER: Plane having water cannon salute a ‘total disregard to the people who live in Antigua and are suffering’

    LETTER: Plane having water cannon salute a ‘total disregard to the people who live in Antigua and are suffering’

    LETTER TO THE MINISTER OF WATER We have neighbourhoods that are without clean water and we are being told that we don’t know when we will receive government water again as the Ffyres plant is under maintenance, or we are told the pressure is too low, or other excuses, currently we have been without clean…

  • Some Antigua Airways passengers had no accommodation when they landed in Antigua

    Some Antigua Airways passengers had no accommodation when they landed in Antigua

    An aircraft representing Antigua Airways arrived at the V.C. Bird International Airport on Tuesday, November 1, Independence Day, as scheduled – but not without some confusion, according to sources. REAL News correspondent George Wehner says the aircraft landed here following an estimated 12-hour chartered flight, although not directly from Lagos, as had been advertised. Wehner…

  • Grenada: Former Gov’t minister admits sale of diplomatic passports

    Grenada: Former Gov’t minister admits sale of diplomatic passports

    Former Foreign Affairs Minister Oliver Joseph has admitted that the previous New National Party (NNP) administration had a policy of accepting cash for diplomatic passports. However, there have been denials that a Polish man was charged almost double the usual amount and a significant portion of that went to the bank account of an NNP…

  • Charges against Edwards likely to be upgraded to ‘causing death by dangerous driving’ after AUA student dies

    Charges against Edwards likely to be upgraded to ‘causing death by dangerous driving’ after AUA student dies

    Kenneth Matthew, the 21-year-old American University of Antigua medical student who was run down on the Friars Hill Road just over a week ago, has succumbed to his injuries. REAL News was reliably informed that Matthew, a resident of Qatar, died this morning, November 2, at 10:40 a.m. Karim “Ice Cream” Edwards, the driver who…

  • Gatesworth James resigns as DNA’s Secretary General

    Gatesworth James resigns as DNA’s Secretary General

    The Democratic National Alliance has lost another senior member. Mr. Gatesworth James, the Party’s Secretary General and current candidate in the City West Constituency, has resigned his membership of the Party thereby also resigning his position as Secretary General as well as his candidacy on behalf of the Party. He advised the Deputy Secretary General…

  • Official funeral for Ambassador Josette Michael

    Official funeral for Ambassador Josette Michael

    The Cabinet decided to offer an official funeral to Ambassador Josette Michael, the late mother of Parliamentarian Asot Michael, who died on Independence Day. Ambassador Michael died on Sunday. She died at the age of 81 years. The Ambassador was the mother of Member of Parliament for St. Peter Hon. Asot Michael and his sisters…

  • Pressure mounts on APUA to deliver water to residents

    Pressure mounts on APUA to deliver water to residents

    The Cabinet invited the General Manager of APUA, the Water Manager, and two other APUA Supervisors, who manage the distribution of 7 million gallons of potable reverse osmosis water daily, to report. Communities complain that water is sometimes denied them for several days at a time, when the APUA indicates that no community should go…

  • CABINET NOTES of Wednesday 2nd November 2022

    CABINET NOTES of Wednesday 2nd November 2022

    HURST REPORTS ON CABINET of Wednesday 2nd November 2022 The Cabinet meeting commenced at 11:00 am, following bilateral consultations between the Prime Minister and delegations from the United States, Canada, and the Foreign Minister of Nigeria who arrived on the Antigua Airways flight which landed on Independence Day. 1. The Cabinet invited the General Manager…

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]