Antigua Breaking News

Day: November 19, 2022

  • Climate compensation fund approved at UN summit, other issues up in air

    Climate compensation fund approved at UN summit, other issues up in air

    Negotiators early Sunday approved a historic deal that would create a fund for compensating poor nations that are victims of extreme weather worsened by rich countries’ carbon pollution, but an overall larger agreement still was up in the air because of a fight over emission reduction efforts. Talks on the overall agreement were put on…

  • Musk restores Trump’s Twitter account after online poll

    Musk restores Trump’s Twitter account after online poll

    Elon Musk reinstated Donald Trump’s account on Twitter on Saturday, reversing a ban that has kept the former president off the social media site since a pro-Trump mob attacked the U.S. Capitol on Jan. 6, 2021, as Congress was poised to certify Joe Biden’s election victory. Musk made the announcement in the evening after holding…

  • LETTER: How can anyone in Antigua survive on a little over $1300 per month?

    LETTER: How can anyone in Antigua survive on a little over $1300 per month?

    DEAR EDITOR: How can anyone in Antigua survive on a little over $1300 per month? Where can these people afford to live? In some dilapidated house in the ghetto. These people can never dream of owning their own homes. Now talking about run down homes, Gaston has habitually gone on his radio station and talk…

  • Police receive crime fighting equipment from company based in the U.S.

    Police receive crime fighting equipment from company based in the U.S.

    The Royal Police Force of Antigua and Barbuda on Thursday received several pieces of crime-fighting equipment from a company based in the United States. A representative of Francis Criminologist’s Law was on island and made the presentation to the police force. During the brief ceremony, Everson Francis expressed his delight in making a contribution to…

  • LETTER: Gaston Browne leading us to greener pastures

    LETTER: Gaston Browne leading us to greener pastures

    Dear Honorable Gaston Brown, it’s my esteemed pleasure to write this letter. I’m really grateful for seeing how you care for our fellow Caribbean brothers and sisters by extending amnesty so that illegal immigrants could become regularized. Over the years, we realized that our nation began to be diverse in culture, whereas to date, you…

  • Food Prices rose 13.3% Over the Last 12 Months in Antigua and Barbuda

    Food Prices rose 13.3% Over the Last 12 Months in Antigua and Barbuda

    The Statistics Division, under the Ministry of Finance and Corporate Governance releases the CPI for Oct 2022. Year-on-year Analysis The All Items Index increased 7.7% for the twelve months ending October 2022. The Food Index rose 13.3% over the last twelve months. The index for Oils and Fats rose 27.7% over the year and the…

  • Only ePassports will be valid for travel as of 1st January 2024

    Only ePassports will be valid for travel as of 1st January 2024

    The Passport and Citizenship Division of Antigua and Barbuda on Thursday 17thNovember 2022 announced that through a Decision of the Cabinet of Antigua and Barbuda, it has extended the deadline for the mandatory recall period for all Antigua and Barbuda Machine Readable Passports to 31st December 2023. The decision was taken in light of the…

  • ECCB Encourages Public to Exercise Due Diligence Before Investing Crypto Assets

    ECCB Encourages Public to Exercise Due Diligence Before Investing Crypto Assets

    The Eastern Caribbean Central Bank (ECCB) is aware of the recent collapse of FTX (registered as FTX Digital Markets Ltd) headquartered in The Bahamas, which was reported to be a significant player in the crypto space. The Securities Commission of The Bahamas has since suspended the registration of this entity and appointed provisional liquidators for…

  • LETTER: APUA Needs to do Better When Opening the Building

    LETTER: APUA Needs to do Better When Opening the Building

    DEAR EDITOR: I went to pay my bill at the APUA village walk branch on monday 14th Nov , the workers were outside waiting. The building was opened at 7:59 am by what seems to be the supervisor when their supposed to be opened for the public at 8 am. Why is the establishment being…

  • IT’S ON: Antigua Open Lionfish Tournament and Festival begins

    IT’S ON: Antigua Open Lionfish Tournament and Festival begins

    By Steve Gittings “The Hunt” begins! Friday was the first in a two-day hunt for lionfish in the waters of Antigua.  It’s the culmination of three years of planning,” according to Martha Watkins Gilkes, organizer of the Antigua Open Lionfish Tournament, which takes place through Sunday. Co-sponsored by Elkhorn Marine Conservancy (EMC) (https://www.emcantigua.org) and Lionfish…

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]