Antigua Breaking News

Day: February 23, 2023

  • Dean Jonas arrested

    Dean Jonas arrested

    (Observer by Newsco) — Former Member of Parliament and government minister Dean Jonas was arrested Thursday evening, according to reports reaching Observer. He was apparently arrested following an altercation with police who arrived at his Scott’s Hill home in response to a report that he had threatened to kill the mother of one of his…

  • Billionaire financier found dead in NYC office

    Billionaire financier found dead in NYC office

    Billionaire financier and investor Thomas H. Lee was found dead of a self-inflicted gunshot wound at his Manhattan office on Thursday morning, police sources said. Cops responded to a 911 call at 767 Fifth Avenue — where Thomas H. Lee Capital, LLC is located on the sixth floor — at around 11:10 a.m., the sources…

  • Registration begins for Queen of Carnival 2023

    Registration begins for Queen of Carnival 2023

    The Ministry of Education, Sports and Creative Industries wishes to advise prospective applicants interested in participating in the 2023 Queen of Carnival Pageant, that registration is now open and will conclude on Monday, March 6. Interested applicants must be a Citizen of Antigua and Barbuda, and must be between the ages of 18 and 26.…

  • The war on Ukraine is now a global war

    The war on Ukraine is now a global war

    By Sir Ronald Sanders (The writer is Antigua and Barbuda’s Ambassador to the United States and the Organization of American States.  He is also a Senior Fellow at the Institute of Commonwealth Studies at the University of London and Massey College in the University of Toronto.  The views expressed are entirely his own) The people…

  • Marketing Machine wins ECCB tendering process

    Marketing Machine wins ECCB tendering process

    An Antiguan and Barbudan firm has emerged on top after a competitive tendering process, to become the principal marketing agency for the Central Bank’s DCash platform. The Marketing Machine was selected through a tendering process that began in April 2022 and saw participation from several internationally recognised marketing firms from around the Caribbean and North…

  • Ministry of health told to find housing for vagrants sleeping at CMC

    Ministry of health told to find housing for vagrants sleeping at CMC

    CABINET NOTES: The CMC complains of the vagrants who occupy the building’s cover for sleeping at night. Several large glass windows have been broken, and the disheveled front of the building acts as a deterrent to doing business within. Finding housing for the homeless men has been assigned to the Minister of Health. Make a…

  • Applause to Khan Cordice

    Applause to Khan Cordice

    CABINET NOTES: The Cabinet expressed its applause to Khan Cordice for his remarkable show of expertise by being the arranger for the Trinidad Exodus Steelband that earned second place in that country’s Panorama competition. Make a donation to help support ABN, via PayPal: [email protected]. Follow Antigua Breaking News on Twitter @ABNAntigua and Instgram @AntiguaBreakingNews and…

  • West Indies Rising Stars Under 19s Squad announced for High-Performance Camp

    West Indies Rising Stars Under 19s Squad announced for High-Performance Camp

    Cricket West Indies (CWI) has announced the squad for the West Indies Rising Stars Under 19s High-Performance camp being hosted at Coolidge Cricket Ground (CCG) in Antigua. This is the first activity to bring together the best Under 19s talent in the region and build towards the ICC Men’s U19 Cricket World Cup in 2024.…

  • Antigua and Barbuda looking to speed up processing times for arriving passengers

    Antigua and Barbuda looking to speed up processing times for arriving passengers

    CABINET NOTES: The Cabinet invited managers of the ABAA (Antigua and Barbuda Airport Authority), the Immigration Department, and the I.T. specialists that manage the systems which allow for a smooth flow of passengers arriving and departing V.C. Bird International Airport. The ability of the Immigration Department to deliver the full panoply of electronic services is…

  • Government’s policy on bonding students appear to be changing again

    Government’s policy on bonding students appear to be changing again

    CABINET NOTES: The Cabinet acknowledges that many more students during these past months are applying for resources to fund their tertiary education, utilizing the Prime Minister’s Scholarship Program. Consequently, limitations are to be immediately imposed on new students making application for the scarce funds; while those to whom the pledges have been made in the…

  • Sonja Henry to be sent abroad for further medical treatment

    Sonja Henry to be sent abroad for further medical treatment

    CABINET NOTES: The Cabinet also learned that Sonja Henry, the young woman who fell from a truck six weeks ago, has reached a recovery stage that will enable her to be sent abroad for further surgeries and treatment. The Director received the assurance from the Cabinet that her travel and treatment costs will be met…

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]