Antigua Breaking News

Day: January 16, 2023

  • Do you feel itchy? All the reasons for itchiness and how to treat it

    Do you feel itchy? All the reasons for itchiness and how to treat it

    For people with chronic itching, the suffering never stops. It leads to a lack of sleep, anxiety and problems with sexual performance, all of which contribute to poor quality of life. Itchiness, or “pruritus” in another language, is defined as an unpleasant feeling that stimulates one’s need to scratch. Chronic itchiness is a daily itching…

  • ABLP plans to do nothing about Turner’s election campaign promise for Parham Harbour

    ABLP plans to do nothing about Turner’s election campaign promise for Parham Harbour

    “In Rawdon Turner’s vision for St Peter, he mentions a Parham Marina Project because he has always dreamed of creating ‘a bustling waterfront for economic activity and opportunities.’ “His architectural expertise allowed him to come up with impressions of what the marina would look like and he posted them on big billboards in the constituency.…

  • DNA’s Vision 2040: A Better Antigua and Barbuda is Possible

    DNA’s Vision 2040: A Better Antigua and Barbuda is Possible

    The Democratic National Alliance (DNA) announces the launch of its Policy Document leading up to the 2023 General Elections. The Document, entitled “Vision 2040: A Better Antigua and Barbuda is Possible” is an architectural blueprint for our country’s sustainable economic and social development. Make a donation to help support ABN, via PayPal: [email protected]. Follow Antigua…

  • REGGAE & POLITICS: How politicians use Reggae & Dancehall to jam all the hurt away

    REGGAE & POLITICS: How politicians use Reggae & Dancehall to jam all the hurt away

    By Audley Phillip In recent times, whenever we are having General Elections, you are certain to be thrilled with some of the finest reggae coming from some of the greatest artists.  Politicians seem to understand that using popular music in political campaigns could be one of the distinguishing factors that separate the winners from the…

  • Rotary Club of Antigua Sundown hosts annual RYL Awards

    Rotary Club of Antigua Sundown hosts annual RYL Awards

    On Saturday, Jan. 14, the Rotary Clubs of Antigua, (Rotary Club of Antigua and Rotary Club of Antigua Sundown) hosted its annual RYLA (Rotary Youth Leadership Awards) program under the theme: IMAGINE, BELIEVE, ACHIEVE. The venue was Sir Vivian Richards Stadium. RYLA is an intensive training program that brings together youth and young adults, ages…

  • Commonwealth observers encourage Antiguans and Barbudans to vote in general election

    Commonwealth observers encourage Antiguans and Barbudans to vote in general election

    The Chair of the Commonwealth Observer Group in Antigua and Barbuda Danny Faure has encouraged citizens of Antigua and Barbuda to vote in the country’s general election on Jan. 18. The former President of Seychelles made his remarks in a statement in the capital Saint John’s, following the arrival of five Commonwealth observers on Jan.…

  • ABEC meets with Election Observers

    ABEC meets with Election Observers

    ABEC on Sunday  held a meeting with representatives from the organizations that will be observing the 2023 General Elections. The meeting took place at the Sir John E St. Luce Financial Centre on Factory Road. Representatives from ABEC facilitated questions from the Observers, who also shared preliminary feedback based on their missions to date. It…

  • Bolt bombshell: Retirement funds wiped out; sprinter fears he won’t recover money

    Bolt bombshell: Retirement funds wiped out; sprinter fears he won’t recover money

    Jamaican sprint legend Usain Bolt is staring at a wipeout of his heavy investment at Stocks and Securities Limited (SSL) and is now fearing that the monies, which he had hoped to access in his later years, will likely not be recovered. A Jamaica Observer source said the information was delivered to Bolt’s management team last week…

  • Bomb Threat at Asot Michael’s Dry Hill home

    Bomb Threat at Asot Michael’s Dry Hill home

    On Sunday night, 15th January 2023, the Dryhill home of Asot Michael, the independent candidate for St Peters and his business place at High Street were the subject of a bomb threat. The incident occurred just before 10:30 pm where the Police, Ambulance Service and Fire Service arrived on the scene. This incident occurred at…

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]