Antigua Breaking News

Day: May 17, 2023

  • Antigua stuck with US$100K a month maintenance costs for abandoned Russian Superyacht

    Antigua stuck with US$100K a month maintenance costs for abandoned Russian Superyacht

    (Jalopnik) — Sadly the Russian invasion of Ukraine is still ongoing, and Russian oligarchs around the world are still seeing their assets hit hard by sanctions. One of the main targets of these sanctions have been their superyachts. These multimillion dollar ships have been either seized by authorities or investigated over ownership. And while ships…

  • CXC investigating possible leak of CSEC math paper

    CXC investigating possible leak of CSEC math paper

    (Jamaica Gleaner) — The Caribbean Examinations Council (CXC) says it is investigating reports that the Caribbean Secondary Education Certificate (CSEC) Math Paper 2, which was written today, was leaked. In a brief release to the media this afternoon, CXC said the matter was of great concern and it would make a definitive statement once the…

  • The Ben Delo Commonwealth Leadership Programme

    The Ben Delo Commonwealth Leadership Programme

    Antiguan and Barbudan Civil Servants can benefit from a scholarship for online short courses funded by British Entrepreneur, mathematician and Philanthropist Ben Delo. The International School for Government at King’s College London has launched a new scholarship programme for mid-career civil servants of Commonwealth member states. The Ben Delo Commonwealth Leadership Programme offers scholarships to…

  • Thieves make off with wine from hotel, household appliances from Catholic youth centre

    Thieves make off with wine from hotel, household appliances from Catholic youth centre

    (REAL News) — Wine, electronics and food items are among a number of goods stolen from several premises, including a hotel. Reports say the security manager at Mill Reef Club telephoned the Freetown Police Station and reported that some unknown person had broken into the Beach House Bar storeroom and stolen four bottles of red wine…

  • Five plead guilty in fake nursing diploma scheme in Florida

    Five plead guilty in fake nursing diploma scheme in Florida

    (AP) — Five people have pleaded guilty in South Florida to participating in a wire fraud scheme that created an illegal shortcut for aspiring nurses to get licensed and find employment. Krystal Lopez and Damian Lopez, both of Palm Beach County, Florida; Francois Legagneur, of Nassau County, New York; Reynoso Seide, of Union County, New…

  • LETTER: Please stop lying  on ppl pickney

    LETTER: Please stop lying  on ppl pickney

    Really? The teen trio escaped from the former US navy base? This statement makes the Antigua and Barbuda Defense Force look really bad. This is like throwing around the blame and making up stories to try to please the general  population. Please, You act like we the public don’t have army and prison officer friends…

  • BREAKING: Prince Harry, Meghan Markle in ‘near catastrophic’ car chase, spokesperson says

    BREAKING: Prince Harry, Meghan Markle in ‘near catastrophic’ car chase, spokesperson says

    (Thompson Reuters) — Britain’s Prince Harry, his wife, Meghan, and her mother were involved in a “near catastrophic car chase” involving paparazzi photographers, a spokesperson for the prince said on Wednesday. It occurred after the couple had attended an awards ceremony held in New York on Tuesday by the Ms. Foundation for Women, where Meghan…

  • Hospital to get new over-bed tables thanks to Friends of Mount St John and RUBIS

    Hospital to get new over-bed tables thanks to Friends of Mount St John and RUBIS

    Patients at the Sir Lester Bird Medical Center (SLBMC) will soon be much better served with their food and medicines thanks to an order for new over-bed tables made possible through the Friends of Mount St John MSJMC with a supporting donation from RUBIS. Raphaelene Jackson, Country Representative, RUBIS Antigua, said the Company’s donation of EC$6,792…

  • 2 earthquakes recorded off Barbuda

    2 earthquakes recorded off Barbuda

    Two earthquakes were recorded Tuesday afternoon, within hours of each other and within 15 miles east and northeast of Barbuda. There were also two earthquakes two in the general area a month ago. UWI, SRC – Automatic Earthquake Location DATE AND TIME: 2023-05-16 2:42 pm (Local Time) 2023-05-16 18:42 (UTC) MAGNITUDE: 3.5 LOCATION: Latitude: 17.61N…

  • U.S. State Department urges travellers to ‘reconsider’ visiting Jamaica, Colombia

    U.S. State Department urges travellers to ‘reconsider’ visiting Jamaica, Colombia

    (USA TODAY) — The State Department is urging Americans to “reconsider travel” to Jamaica and Colombia due to crime and, in Colombia’s case, terrorism. The department regularly assesses risks for Americans abroad and had previously issued travel advisories for both Colombia and Jamaica but reissued them with fresh updates. “Violent crimes, such as home invasions,…

  • Hells Gate Right In Me Backyard

    Hells Gate Right In Me Backyard

    When you live in a foreign land and one of the institutional comforts of home come beating on your doorstep, you have no alternative but to take your blows in peace, knowing fully well, the result is not injury but unmitigated joy. Last weekend, May 12-13, bang on the beach in Virginia, Hells Gate Steel…

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]