Antigua Breaking News

Day: March 9, 2023

  • DNA formally announces resignations of Louis Rivera, Gameal Joyce

    DNA formally announces resignations of Louis Rivera, Gameal Joyce

    The Democratic National Alliance (DNA) advises that colleagues Louis Rivera and Gameal Joyce, the DNA’s former candidates in the St. John’s Rural North and St. Paul constituencies, have tendered their resignations from the Party following separate discussions held with the Political Leader. Massiah stated, “our respective discussions were frank, amicable and respectful as always. Their…

  • Samantha Marshall addresses wide range of matters during CSW Conference at UN

    Samantha Marshall addresses wide range of matters during CSW Conference at UN

    Minister of State with responsibility for Social Transformation Samantha Marshall addressed a number of pertinent matters related to the protection and advancement of women and girls in Antigua and Barbuda during the 67th session of the Commission on the Status of Women at the United Nations in New York. Marshall was at the time speaking…

  • Antigua and Barbuda to host major SIDS conference next year

    Antigua and Barbuda to host major SIDS conference next year

    Minister of Foreign Affairs, E. P. Chet Greene was elected Vice President of the Fifth United Nations Conference on the Least Developed Countries (LDC5) in Doha, Qatar. Greene and the high-level delegation of Antigua and Barbuda were in Doha on a fact-finding mission to facilitate the transfer of knowledge and provide guidance to Antigua and…

  • Rastas in Antigua now have legal right to use cannabis as a sacrament

    Rastas in Antigua now have legal right to use cannabis as a sacrament

    Antigua and Barbuda has become the first country in the Caribbean to document the right of Rastafari to use cannabis as a sacrament. Members of the Rastafari community were presented with their legal authorisation during a signing ceremony at the Prime Minister’s Office on Wednesday. Make a donation to help support ABN, via PayPal: [email protected].…

  • CCJ dismisses part of discrimination lawsuit in Clico bailout

    CCJ dismisses part of discrimination lawsuit in Clico bailout

    (Trinidad and Tobago NEWSDAY) — Part of a discrimination case brought against the State by a group of Clico and British American policyholders from the Eastern Caribbean was dismissed on Wednesday by the Caribbean Court of Justice (CCJ). The group claim they were discriminated against after the TT government bailed out CL Financial in 2009…

  • Youth Community Activist Donates Televisions to Green Bay primary School

    Youth Community Activist Donates Televisions to Green Bay primary School

    Green Bay Primary School is the recipient of (2) two brand new 32-inch Smart TV which were donated by community activist and Philanthropist Michael Joseph. Joseph who hails from the Grays Green community has been involved in sponsoring various youth related activities within the schools since 2019. Two weeks ago, the young business owner, continued…

  • American smuggles ganja into Jamaica to ‘show friends that US weed is better’

    American smuggles ganja into Jamaica to ‘show friends that US weed is better’

    (Jamaica Observer) — An American woman who was busted with three ounces of ganja on arrival in Jamaica reportedly told police at the Sangster International Airport that she brought the weed into the island to show her friends that marijuana grown in the United States is of higher quality. Courtney Elizabeth Baker, a 37-year-old chef/…

  • OECS Commission takes bold step to empower Youth and tackle crime

    OECS Commission takes bold step to empower Youth and tackle crime

    The Member States of the Organisation of Eastern Caribbean States (OECS) have long been plagued by high rates of violent crime, disproportionately affecting young people between the ages of 15 and 29. The OECS Commission, in partnership with the United States Agency for International Development (USAID), continues to take bold steps  targeted at reducing crime…

  • Flight turbulence

    Flight turbulence

    (Trinidad Express) — It is much more difficult to get to Trinidad and Tobago by plane than it was pre Covid-19 due to the loss of all Liat’s flights, all flights out of Canada, except Caribbean Airlines and a significant reduction in service out of Florida. Figures provided to the Express Business by the Airport’s…

  • Attacker on the run after wounding a Liberta villager over a missing car phone charger

    Attacker on the run after wounding a Liberta villager over a missing car phone charger

    (REAL News) — Another wounding incident is being investigated by the police, the fourth within three days. Reports are that a Hamlet Road, Liberta man made a report to the Liberta Police Station that his hand was wounded by a machete inflicted by an All Saints villager. The incident resulted in the victim receiving a…

  • CABINET NOTES for Wednesday, March 8, 2023

    CABINET NOTES for Wednesday, March 8, 2023

    HURST REPORTS ON CABINET of Wednesday, March 8, 2023 The Cabinet began its meeting with prayers from an invited pastor of another denomination, who implored the administration to show courage as every Biblical leader has been wont to do on the urging of God. The Prime Minister proceeded to inform the members of the licences…

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]