Antigua Breaking News

Day: November 24, 2022

  • Rihanna’s Comeback To The Stage Chronicled Via Apple TV+ Documentary

    Rihanna’s Comeback To The Stage Chronicled Via Apple TV+ Documentary

    The superstar singer reportedly landed a multimillion-dollar deal with the streaming platform. Perhaps one of the most talked about and viral Super Bowl halftime announcements ever was the revelation that Rihanna would take the stage during the NFL’s biggest game. Now, the journey leading up to the huge moment will be available for her fans…

  • Influenza A H3N2 has been detected in Antigua and Barbuda

    Influenza A H3N2 has been detected in Antigua and Barbuda

    The Ministry of Health Wellness and the Environment would like to advise the public that Influenza A H3N2 has been detected in Antigua and Barbuda. Influenza is a respiratory disease that is caused by the Influenza virus that affects the nose, throat and lungs. The Influenza A and B viruses are responsible for seasonal flu…

  • Hey Antigua, It’s National Sardines Day!

    Hey Antigua, It’s National Sardines Day!

    No other edible fish is as prevalent as the sardine, and sardines are one of the most eaten foods in the world. The small, oily fish, which we celebrate today on National Sardines Day, belongs to the Clupeidae family. The name sardine dates back to the 15th century, likely coming from the island of Sardinia…

  • Man fined for throwing Chinese food Over Prison Wall

    Man fined for throwing Chinese food Over Prison Wall

    A young man was fined $350 after he was convicted of throwing a bag containing Chinese food over the walls of His Majesty’s Prison. On November 20, in broad daylight, a constable on duty observed a man dressed in a white vest and short pants carrying a white bag in the vicinity of the eastern…

  • A letter to the PM

    A letter to the PM

    Dear Prime Minister, I must commend you for taking on the reigns of this country. You took it from the incapable hands of UPP. They spent their time mismanaging &  wrecking this country, So now, they must  be dumped in the political bins of our history. In my view, your Labour Party is a great…

  • Former LIAT 1974 Ltd, Majestic Industries employees to get outstanding termination benefits 

    Former LIAT 1974 Ltd, Majestic Industries employees to get outstanding termination benefits 

    The Prime Minister of St Lucia, Philip J. Pierre, has confirmed that over 300 former employees of Majestic Industries and LIAT 1974 Ltd. will soon receive their outstanding termination benefits. An official statement issued by the St Lucia Government reports that the compensation package is greater than $6.3 million Eastern Caribbean Dollars (XCD), the equivalent…

  • Police investigate 2Drilly teen girls Gang violence

    Police investigate 2Drilly teen girls Gang violence

    Police officers from the Criminal Investigation Department descended on the Princess Margaret School yesterday in what is believed to be a probe into the recent gang related attacks on several school children. The police have been criticised for their seemingly slow response to the slew of violent attacks which began this year involving teenagers from…

  • CABINET NOTES of Wednesday November 23, 2022

    CABINET NOTES of Wednesday November 23, 2022

    The Cabinet of Antigua and Barbuda commenced its sitting at approximately 10:30 am and concluded at 3:30 pm. All members were present. 1. A discussion about the new minimum wage, scheduled to be implemented on January 1, 2023, was the very first item addressed by the executive body. Cabinet agreed that a balance was sought…

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]