Antigua Breaking News

Day: December 4, 2023

  • Earthquakes recorded near Antigua, neighbouring islands

    Earthquakes recorded near Antigua, neighbouring islands

    CLICK HERE TO GET ON THE ABN WHATSAPP Two seismic events were detected near Guadeloupe, Antigua and Barbuda, and Montserrat during the overnight and early morning hours. The UWI Seismic Research Center (UWI SRC) reported a 4.1 magnitude earthquake occurring at approximately 1:16 am local time, with a depth of 10 km. The Automatic Earthquake…

  • Best friend and 2 others questioned in search for missing man

    Best friend and 2 others questioned in search for missing man

    Police have questioned three youths in connection with the disappearance of 23-year-old Kyle Peters from Vernon’s Estate. CLICK HERE TO GET ON THE ABN WHATSAPP Among those questioned is Kyle’s best friend. He was last seen at home on November 28 at 7:15 am, wearing blue jeans without a shirt. Despite extensive searches, there have…

  • West Indies successfully chases down target of 326 vs England in 1st ODI. Hope hits 109 not out

    West Indies successfully chases down target of 326 vs England in 1st ODI. Hope hits 109 not out

    CLICK HERE TO GET ON THE ABN WHATSAPP (AP) — Shai Hope’s century and Romario Shepherd’s speedy 48 powered West Indies to a four-wicket victory in the series-opening ODI as England’s hopes of rebuilding after its disastrous Cricket World Cup got off to a false start in Antigua on Sunday. England scored an impressive 325…

  • STILL MISSING: Kyle Peters, 23

    STILL MISSING: Kyle Peters, 23

    CLICK HERE TO GET ON THE ABN WHATSAPP Two weeks have passed since Kyle Peters, 23, went missing from Vernon’s Estate. Last seen on Nov 28th, 7:30 am, wearing blue jeans without a shirt. No contact since. Described as 6ft, slim, 160-170 lbs, clear complexion, cornrow plaits. His parents plead for your help. If you…

  • PM Browne receives award as Champion against Sea Level Rise at COP28 in Dubai

    PM Browne receives award as Champion against Sea Level Rise at COP28 in Dubai

    CLICK HERE TO GET ON THE ABN WHATSAPP One of the most urgent and pressing issues confronting island nations was the subject of discussions of a high level panel that was addressed by Antigua and Barbuda Prime Minister Gaston Browne as he continued a wide-ranging round of engagements at COP28 now underway in Dubai. On…

  • How to Stay Off the Naughty Finance List

    How to Stay Off the Naughty Finance List

    CLICK HERE TO GET ON THE ABN WHATSAPP Nobody wants to be on Santa’s Naughty List – especially when it comes to finances. But spreading holiday cheer could leave you broke if you fail to manage your money. During the holiday season, there are many temptations that can lead to financial mistakes. Let us examine…

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]