Antigua Breaking News

Day: March 12, 2023

  • Rihanna puts her baby bump on display as she wows on the 2023 Oscars red carpet

    Rihanna puts her baby bump on display as she wows on the 2023 Oscars red carpet

    Rihanna put her baby bump on full display as she wowed in a dominatrix-style sheer leather look at the 95th Academy Awards on Sunday evening. The expecting mother, 35, showed off her growing stomach as she walked the red carpet at the highly-coveted event in a flowing black skirt with a long train, see-through body…

  • More upgrades announced for the Jolly Beach Hotel

    More upgrades announced for the Jolly Beach Hotel

    CABINET NOTES: The Cabinet invited for discussions two business managers (planners) employed by the Jolly Beach Hotel. The property now has one hundred and sixty six (166) rooms available and one hundred and thirty two (132) employees. To date, US$2.2 million have been spent on refurbishing the hotel.  The original hotel had four hundred and…

  • Commonwealth Day to be celebrated around the world

    Commonwealth Day to be celebrated around the world

    Commonwealth Day will be celebrated on Monday with observances, speeches, exhibitions and cultural events across the 56 Commonwealth member countries. With ‘Forging a Sustainable and Peaceful Common Future’ as its theme, the day aims to unite 2.5 billion Commonwealth citizens in celebration of their shared values and principles, and in pursuit of a common future,…

  • LETTER: Antigua needs a functioning system of local government

    LETTER: Antigua needs a functioning system of local government

    For a significant portion of its existence, Antigua and Barbuda have been bereft of a functional system of local government, particularly on Antigua. We have never been able to escape the binding decisions of a single central government, which has never been able to communicate with us on the same level that a local government…

  • Direct Flights to Africa Soon a Reality — FROM BARBADOS

    Direct Flights to Africa Soon a Reality — FROM BARBADOS

    Barbadians could soon be touching down on African soil as early as the second half of the year once negotiations between Barbados and the Africa Export-Import Bank are finalised. Barbados’ CARICOM Ambassador, David Comissiong, disclosed that negotiations between the Africa Export-Import Bank and Air Peace, a Nigerian Airline, were going well, and if successful, the…

  • Stepfather charged with rape, murder of girl, 9, in Hanover

    Stepfather charged with rape, murder of girl, 9, in Hanover

    (Jamaica Observer) — The main suspect in the death of nine-year-old Nikita Noel, who was found dead in bushes at the side of a road in her home community of Kew in Hanover last month, has been charged. Forty-two-year-old Omar Green, a construction worker of a Barbary Hill, Lucea address, the intimate partner of Nikita’s…

  • Man found holding his private parts at toddler’s bedroom sent to jail

    Man found holding his private parts at toddler’s bedroom sent to jail

    (SEARCHLIGHT) — In St. Vincent, a burglar who has a previous conviction for attempted rape was sentenced to three years in prison after he was found standing at a toddler’s bedroom door with his penis in his hands at midnight. Sebastian John, 54, of Ottley Hall appeared in the Kingstown Magistrate’s Court on March 3,…

  • Police charge parent who attacked school principal

    Police charge parent who attacked school principal

    The parent who is accused of physically assaulting the principal of Mary E. Pigott School on Wednesday of this week has been charged. Police have charged Michael Samuel of Bathlodge with Battery and Malicious Damage. He is expected to appear in court next Monday. Samuel allegedly hit the principal, Father Christopher Roberts in the head…

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]