Antigua Breaking News

Day: September 9, 2023

  • Heavy swells pound northeast Caribbean as Hurricane Lee charges through open waters

    Heavy swells pound northeast Caribbean as Hurricane Lee charges through open waters

    (AP) — Large swells battered the northeast Caribbean on Saturday as Hurricane Lee churned nearby through open waters as a Category 3 storm. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The storm, which is not forecast to make landfall, was located about 310 miles (505 kilometers) northeast of the northern Leeward Islands.…

  • Halo continues mental health drive

    Halo continues mental health drive

    CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. In support of the “Be Kind to Your Mind” initiative, the Halo Foundation recently donated over EC$1,000 to Mental Health Activist, Chaneil Imhoff. The initiative is scheduled to culminate in an upcoming school tour (October 9 – 13, 2023). The tour will coincide with World…

  • Former MP Kelvin ‘Shugy’ Simon releases statement following Cades Bay Bridge accident

    Former MP Kelvin ‘Shugy’ Simon releases statement following Cades Bay Bridge accident

    There has been yet another serious vehicular accident at the Cades Bay Bridge. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. A group of tourists traveling through the area are the latest victims of the ABLP’s gross negligence at this construction site. Following a similar accident on August 13th 2023, the Ministry of…

  • Police shooting victim Rashawn Shabazz regains consciousness, continues recovery

    Police shooting victim Rashawn Shabazz regains consciousness, continues recovery

    Rashawn Shabazz, the individual shot by police last week, is now conscious and recuperating at the Sir Lester Bird Medical Centre (SLBMC), showing positive signs of recovery. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. After spending several days in the Intensive Care Unit of SLBMC, he has been relocated to the surgical…

  • Married couple faces serious charges after seizure of 18lbs of cannabis by police

    Married couple faces serious charges after seizure of 18lbs of cannabis by police

    Pernod Samuel and Shonette Samuel, a married couple residing in Cashew Hill, are awaiting their committal hearing after being discovered in possession of 18 pounds of cannabis in May this year. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The couple awaits a magistrate’s decision on whether the evidence presented by the prosecution…

  • Ex-Google CEO Eric Schmidt scraps $67.6M purchase of abandoned superyacht Alfa Nero

    Ex-Google CEO Eric Schmidt scraps $67.6M purchase of abandoned superyacht Alfa Nero

    (BLOOMBERG) — Former Google chief executive Eric Schmidt is changing course on his purchase of a superyacht abandoned by a Russian heiress after she launched a legal battle over the vessel. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. Schmidt, who won the 267-foot superyacht for $67.6 million at a public auction in…

  • 7-month sentence for Antiguan man whole stole police evidence

    7-month sentence for Antiguan man whole stole police evidence

    Jahson Martin has been sentenced to seven months in prison for admitting to stealing items that were initially stolen and held at a police station for investigative purposes. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. The bizarre sequence of events unfolded when a truck loaded with suspected stolen goods was itself stolen…

  • More than 1,000 dead after strong Morocco earthquake

    More than 1,000 dead after strong Morocco earthquake

    (AP) — A rare, powerful earthquake struck Morocco late Friday night, killing more than 1,000 people and damaging buildings from villages in the Atlas Mountains to the historic city of Marrakech. But the full toll was not known as rescuers struggled to get through boulder-strewn roads to the remote mountain villages that were hit hardest.…

  • New court date for former MP Dean Jonas for 5 criminal charges

    New court date for former MP Dean Jonas for 5 criminal charges

    Former Minister of Social Transformation and Gender Affairs, Dean Jonas, has been assigned a fresh court date to address the five criminal charges lodged against him. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. These allegations encompass resisting arrest, making threats, disorderly conduct, and assault and battery, all stemming from an incident at…

  • Antigua debates stricter firearm penalties without overburdening courts

    Antigua debates stricter firearm penalties without overburdening courts

    Antigua and Barbuda’s Attorney General, Steadroy Benjamin, and the Royal Police Force (RPFAB) are initiating consultations with legal experts to fortify laws governing the unlawful possession of firearms. CLICK HERE TO JOIN OUR WHATSAPP GROUP FOR NEWS UPDATES. In response to a surge in criminal firearm activity, Cabinet officials convened with high-ranking police and Antigua…

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]