Antigua Breaking News

Day: February 11, 2023

  • 3 people in custody for recent robberies

    3 people in custody for recent robberies

    Three people are now in police custody on suspicion of robbery and receiving. The arrest of the three individuals comes as law enforcers intensify their probe into recent break-ins and robberies. Media reports say that a major nationwide operation was carried out on Thursday, during which a knapsack was found at a business establishment containing…

  • High-altitude object shot down off Alaska, US says

    High-altitude object shot down off Alaska, US says

    US President Joe Biden ordered a fighter jet to shoot down an unidentified “high-altitude object” off Alaska on Friday, the White House says. Spokesman John Kirby said the unmanned object was “the size of a small car” and posed a “reasonable threat” to civilian aviation. The object’s purpose and origin was unclear, Kirby said. It…

  • 16 pounds of compressed marijuana, valued at almost $100K, discovered in barrel at the Port

    16 pounds of compressed marijuana, valued at almost $100K, discovered in barrel at the Port

    Almost $100,000 worth of marijuana was seized on Wednesday, February 8, during another joint drug-interdiction operation at the Deep Water Harbour. Reports say that officers from the Narcotics Department and Customs Enforcement Unit went on duty at the port at about 1:40 p.m. During the operation a blue barrel was searched, and officers came across…

  • Young businesswoman is traumatized by masked and armed intruder who robbed her and then committed an indecent act

    Young businesswoman is traumatized by masked and armed intruder who robbed her and then committed an indecent act

    A young woman remains traumatized after a masked and armed man broke into her home, robbed her of cash, and then engaged in a sexual offence. She tells REAL News that she was awakened from sleep by a noise, and opened her eyes to see a bright light shining in her face.  Thoughts of escape…

  • Top South African rapper AKA shot dead

    Top South African rapper AKA shot dead

    One of South Africa’s leading rappers, popularly known as AKA, has been shot dead outside a restaurant in the coastal city of Durban. Kiernan Forbes was killed along with his close friend, the chef and entrepreneur Tebello ‘Tibz’ Motsoane. The pair are thought to have been on their way to a nightclub for a performance…

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]