Antigua Breaking News

Day: December 1, 2022

  • Youth Forum Will Create Platform to Capture Youth Ideas While Presenting UPP Solutions and Policies

    Youth Forum Will Create Platform to Capture Youth Ideas While Presenting UPP Solutions and Policies

    The United Progressive Party’s (UPP) Mobilization efforts have intensified with the launch of UPPLiftment Week, a series of events designed to bring all generations on board to embrace the Party’s main message of “Relief, Recovery and Shared Prosperity.” This week of activities begins with the Youth Forum, which will be spearheaded by Progressive Youth, the youth…

  • Armed bandits threaten and rob women, youth in separate incidents

    Armed bandits threaten and rob women, youth in separate incidents

    A teenager and two women are the latest victims of robbery in which gun-toting bandits made off with valuables and money. A Gambles woman has reported to the Police that she and her friend, of the same address, were robbed of their personal belongings by a masked gunman. Reportedly, the women were on their way…

  • Vessel sinks with 900 barrels of diesel fuel off Trinidad coast

    Vessel sinks with 900 barrels of diesel fuel off Trinidad coast

    Trinidad’s Ministry of Energy and Energy Industries on Wednesday said that a barge carrying 900 barrels of diesel fuel sank while demobilising in the Gulf of Paria. The ministry also reported that the six-member crew has been rescued. In a statement, the ministry said the barge, Liftboat Daniela of the locally owned Trinity Liftboat Services…

  • Public Servants to receive salary on Dec. 16

    Public Servants to receive salary on Dec. 16

    CABINET NOTES: Salaries, Pensions and Social Security payments have been paid to all the Banks such that every public servant should have received what is his or her due, from the Government of Antigua and Barbuda. The next pay day will likely be on December 16th 2022.  A date for ABST-waiver will be announced next…

  • Government proposes response to Gang Violence in Schools

    Government proposes response to Gang Violence in Schools

    CABINET NOTES: Last Wednesday, the Cabinet received a report on violence among youth in several schools, related to gangs; it ordered the Ministry of Social Transformation to have its experts provide the Cabinet with guidance. Although the Director of Education, the Commissioner of Police and the Chief of Defense Staff were in consultation today, the…

  • Monday 26th and Tuesday 27th December will be holidays

    Monday 26th and Tuesday 27th December will be holidays

    CABINET NOTES: Christmas Day, December 25th falls on a Sunday; under the law, Monday 26th and Tuesday 27th 2022 will be holidays, instead. January 1st falls on a Sunday therefore January 2nd, 2023, will be a holiday. Cabinet reminds the people of Antigua and Barbuda that Friday 9th December 2022 is V.C. Bird Day, a…

  • No liability for Antigua and Barbuda following crash of FTX, which is registered here: Cabinet

    No liability for Antigua and Barbuda following crash of FTX, which is registered here: Cabinet

    CABINET NOTES: The Solicitor General, the Deputy Solicitor General, a Crown Counsel, the Head of the FSRC, and other officials were invited to address the issues of FTX. Questions arose about the immediate and long-term impacts of the bankruptcy of this parent company, registered but not licensed, in Antigua. Though incorporated in Antigua and Barbuda,…

  • Man admits to raping friend’s underage daughter

    Man admits to raping friend’s underage daughter

    A 32-year-old man has pleaded guilty to having ‘unlawful sexual intercourse’ with a 14-year-old girl about three years ago. The accused, at the age of 29, raped the minor – the daughter of a man he befriended for about 10 years – on March 20 2019. The defendant visited the home every day before heading…

  • ‘I didn’t ever try to commit fraud on anyone,’ FTX founder Sam Bankman-Fried says

    ‘I didn’t ever try to commit fraud on anyone,’ FTX founder Sam Bankman-Fried says

    The man at the centre of collapsed cryptocurrency exchange FTX made his first public appearance since the saga began, telling a New York audience on Wednesday that it was never his intention to commit fraud. Sam Bankman-Fried, the 30-year-old founder of FTX, appeared at the New York Times’ Dealbook Summit on Wednesday, for an interview with journalist…

  • CABINET NOTES of Wednesday 30th November 2022

    CABINET NOTES of Wednesday 30th November 2022

    1. The Cabinet invited several groups to appear before it, in order to set policies and to gain a greater understanding of complex issues: I. The Solicitor General, the Deputy Solicitor General, a Crown Counsel, the Head of the FSRC, and other officials were invited to address the issues of FTX.  Questions arose about the…

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]