Antigua Breaking News

Day: December 18, 2022

  • Girl, 10, hit by car

    Girl, 10, hit by car

    A 10-year-old girl was hit by a car on factory road near Sparkling Foods Supermarket about 8pm Sunday. The child was alone when crossing the street when the vehicle, driven by a male, struck her. The driver remained in the scene The child was transported to the Sir Lester Bird Medical Center by the EMS.…

  • Musk polls Twitter users about whether he should step down

    Musk polls Twitter users about whether he should step down

    Elon Musk is asking Twitter’s users to decide if he should stay in charge of the social media platform after acknowledging he made a mistake Sunday in launching new speech restrictions that sought to ban mentions of rival social media platforms. In yet another drastic policy change, Twitter had announced that users will no longer…

  • Antigua Airways Cleans-Up Customer Service/Reputation

    Antigua Airways Cleans-Up Customer Service/Reputation

    Last Friday, allegations started to emerge that Antigua Airways was suspected of defrauding customers. Antigua Airways denies such allegations and says they are working hard to improve customer service. “Customers whose tickets had been deemed “null and void” will be honored by the airline pending payment for the upcoming flight,” said Opeyemi Olorunfemi, Antigua Airways…

  • International Body agrees to hearing on Climate Change Damage

    International Body agrees to hearing on Climate Change Damage

    Antigua and Barbuda Prime Minister, Gaston Browne, has announced that the effort by a group of small island states to seek justice for damage, caused by the impact of Climate Change, has won another success. Prime Minister Browne disclosed that, on December 16, the International Tribunal of the Law of the Sea (ITLOS) decided to…

  • Messi-led Argentina defeats France on penalties to cap thrilling men’s World Cup final

    Messi-led Argentina defeats France on penalties to cap thrilling men’s World Cup final

    Lionel Messi’s once-in-a-generation career is complete. The Argentina superstar is finally a World Cup champion. Messi scored two goals and then another in a shootout as Argentina beat France 4-2 on penalties Sunday to claim a third World Cup title despite Kylian Mbappe scoring the first hat trick in a final in 56 years. Now…

  • MARMA J CON Brings Web3 Tech to Antigua

    MARMA J CON Brings Web3 Tech to Antigua

    PHOTO CAPTION: Chloe Lewis pictured with her grandmother Sarah ‘Marma’ Williams (née Joseph). Web3-focused nonprofit, Marma J Foundation to bring a free educational event to the Caribbean in the new year. The goal of the MARMA J CON conference and hackathon is to work in community with Antiguans to build real-world solutions to local problems…

  • France all blue, white and red for World Cup final

    France all blue, white and red for World Cup final

    With concrete blocks painted blue, white and red, Paris police sealed off the French capital’s most famous boulevard to traffic on Sunday in anticipation that it will flood with celebrating crowds if France beats Argentina to win its third World Cup title. The Champs-Elysees and some surrounding streets were declared off-limits to vehicles until the…

  • Caribbean Airlines flight on route to Tobago evacuated following ‘threat’

    Caribbean Airlines flight on route to Tobago evacuated following ‘threat’

    A Caribbean Airlines (CAL) flight that was enroute to Tobago from Trinidad was evacuated on Saturday on advice of a threat. The Trinidad and Tobago-based airline, late Saturday, confirmed that the alleged threat was received via the Airports Authority of Trinidad and Tobago regarding flight BW1832 from Trinidad to Tobago. According to CAL, in keeping…

  • DNA calls on Government to Reduce Fuel Prices to pre-March 2022 levels

    DNA calls on Government to Reduce Fuel Prices to pre-March 2022 levels

    The Democratic National Alliance (DNA) has been persistent and consistent with its almost daily call for the government to address the escalating cost-of-living by utilizing a few measures, chief among them is the reduction of the price of gas and diesel at the pump. The call was partially answered. However, with the cost of a…

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]